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(REFEX) Refex Industries complete technical analysis [charts+indicators] | Buy/Sell Refex Industries | (REFEX) share price targets

Complete technical analysis of Refex Industries (REFEX) by charts plus indicators, forecast predictions and share price targets for Refex Industries (REFEX)

Refex Industries trades in NSE in Industrial Gases sector.

10 day averaged volume of Refex Industries is 728877

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	160.05	154.95	167.00	154.95	2.255 times
24 Wed Apr 2024	163.10	175.10	175.50	163.10	1.683 times
23 Tue Apr 2024	171.65	171.65	171.65	165.00	0.679 times
22 Mon Apr 2024	163.50	163.50	163.50	163.50	0.386 times
19 Fri Apr 2024	155.75	149.95	155.75	144.55	3.119 times
18 Thu Apr 2024	148.35	147.95	148.35	145.55	1.215 times
16 Tue Apr 2024	141.30	134.60	141.30	134.55	0.872 times
15 Mon Apr 2024	134.60	132.10	138.65	132.10	0.787 times
12 Fri Apr 2024	139.05	141.45	141.65	137.50	0.347 times
10 Wed Apr 2024	140.25	140.05	143.00	137.25	0.402 times

Stock of Refex Industries (REFEX) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 156.6, but if it comes below 156.6, then a intra day sell could be more profitable.
If you take a sell trade below 156.6, then use 156.6 as stoploss and 146.03 as target. However if you take a buy trade in stock , then use 156.6 as stoploss and 169.3 as target.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	130.00
Downside Target	136.05
Downside Target	147.00
Downside Target	154.95
Upside Target	175.50
Upside Target	521.00
Upside Target	550.05
Upside Target	602.00
Upside Target	650.00
Upside Target	695.90
Upside Target	702.80
Upside Target	753.95

Intraday share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Intraday Target	151.5
Downside Intraday Target	142.95
Upside Intraday Target	172.05
Upside Intraday Target	184.05
Upside Intraday Target	163.5

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	160.05	163.50	175.50	154.95	0.835 times
19 Fri Apr 2024	155.75	132.10	155.75	132.10	3.271 times
12 Fri Apr 2024	139.05	144.20	147.00	137.25	0.731 times
05 Fri Apr 2024	143.85	137.85	149.90	136.05	1.05 times
28 Thu Mar 2024	134.20	145.30	148.70	130.00	1.933 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Refex Industries (REFEX)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	160.05	137.85	175.50	132.10	3.163 times
28 Thu Mar 2024	134.20	653.00	695.90	130.00	2.248 times
29 Thu Feb 2024	647.10	695.05	702.80	550.05	0.665 times
31 Wed Jan 2024	694.35	610.00	753.95	602.00	1.617 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Refex Industries (REFEX)

Price action analysis of Refex Industries ( (REFEX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Refex Industries ( (REFEX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Refex Industries ( (REFEX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Refex Industries ( (REFEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Refex Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Refex Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Refex Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Refex Industries in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Refex Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 154.52 and Refex Industries (REFEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Refex Industries (REFEX) stock. Volume based technical analysis of Refex Industries (REFEX) stock is negative.

Refex Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.