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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 2024-06-12 View latest technical analysis

10 day averaged volume of Refex Industries is 718631

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	151.87	154.00	158.90	150.24	0.909 times
11 Tue Jun 2024	153.85	157.25	159.99	152.05	0.957 times
10 Mon Jun 2024	155.81	154.85	163.00	153.80	2.893 times
07 Fri Jun 2024	151.80	146.00	157.65	143.00	2.525 times
06 Thu Jun 2024	139.65	136.25	139.65	135.10	0.431 times
05 Wed Jun 2024	133.00	130.60	137.00	124.25	0.637 times
04 Tue Jun 2024	130.55	137.00	137.00	130.50	0.637 times
03 Mon Jun 2024	137.35	141.80	141.80	136.05	0.733 times
31 Fri May 2024	135.05	136.00	136.05	132.85	0.303 times
30 Thu May 2024	134.60	137.30	138.35	134.05	0.399 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 153.2 as stoploss in an intra day sell trade for a target of 144.79. However, stock will show a bullish move above 153.2.

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	150.24
Upside Target	156.40
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	147.07
Downside Intraday Target	142.28
Upside Intraday Target	159.83
Upside Intraday Target	167.8
Upside Intraday Target	155.04

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	151.87	154.85	163.00	150.24	0.959 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
12 Wed Jun 2024	151.87	141.80	163.00	124.25	0.744 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 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 neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing 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 positive zone. This is a BUY 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 147.99 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.