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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.

Showing technical analysis as on 2024-06-10 View latest technical analysis

10 day averaged volume of Refex Industries is 565536

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	155.81	154.85	163.00	153.80	3.676 times
07 Fri Jun 2024	151.80	146.00	157.65	143.00	3.208 times
06 Thu Jun 2024	139.65	136.25	139.65	135.10	0.548 times
05 Wed Jun 2024	133.00	130.60	137.00	124.25	0.81 times
04 Tue Jun 2024	130.55	137.00	137.00	130.50	0.81 times
03 Mon Jun 2024	137.35	141.80	141.80	136.05	0.931 times
31 Fri May 2024	135.05	136.00	136.05	132.85	0.385 times
30 Thu May 2024	134.60	137.30	138.35	134.05	0.507 times
29 Wed May 2024	137.45	134.15	139.70	134.15	0.617 times
28 Tue May 2024	137.20	142.85	145.00	135.70	1.006 times

Stock of Refex Industries (REFEX) has showed a significant upmove. This could be a good time to enter in 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 153, but if it comes below 153, then a intra day sell could be more profitable.
If you take a sell trade below 153, then use 153 as stoploss and 144.68 as target. However if you take a buy trade in stock , then use 153 as stoploss and 162.9 as target.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	124.25
Downside Target	130.00
Downside Target	139.15
Downside Target	142.90
Downside Target	147.00
Downside Target	153.80
Upside Target	163.00
Upside Target	172.80
Upside Target	175.50
Upside Target	550.05
Upside Target	695.90
Upside Target	702.80

Intraday share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Intraday Target	152.07
Downside Intraday Target	148.34
Upside Intraday Target	161.27
Upside Intraday Target	166.74
Upside Intraday Target	157.54

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	155.81	154.85	163.00	153.80	0.583 times
07 Fri Jun 2024	151.80	141.80	157.65	124.25	1.707 times
31 Fri May 2024	135.05	137.00	147.00	132.85	1.001 times
24 Fri May 2024	143.00	152.00	159.80	142.90	1.382 times
18 Sat May 2024	150.90	147.50	156.40	139.15	0.563 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
10 Mon Jun 2024	155.81	141.80	163.00	124.25	0.601 times
31 Fri May 2024	135.05	167.95	172.80	132.85	0.703 times
30 Tue Apr 2024	165.85	137.85	175.50	132.10	3.778 times
28 Thu Mar 2024	134.20	653.00	695.90	130.00	2.248 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Refex Industries ( (REFEX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Refex Industries stock for short term is BUY. 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 stronger in this stock.

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

CCI has generated a buy signal for Refex Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 145.68 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.