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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 2024-06-24 View latest technical analysis

10 day averaged volume of Refex Industries is 1435187

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	160.85	160.80	162.95	158.11	0.313 times
21 Fri Jun 2024	160.04	160.89	164.00	157.50	0.496 times
20 Thu Jun 2024	160.05	168.98	169.38	158.40	0.816 times
19 Wed Jun 2024	168.60	178.70	180.00	166.69	1.228 times
18 Tue Jun 2024	165.14	154.00	172.25	154.00	3.194 times
14 Fri Jun 2024	152.53	150.06	155.25	150.06	0.315 times
13 Thu Jun 2024	151.20	153.00	156.00	150.70	0.305 times
12 Wed Jun 2024	151.87	154.00	158.90	150.24	0.455 times
11 Tue Jun 2024	153.85	157.25	159.99	152.05	0.479 times
10 Mon Jun 2024	155.81	154.85	163.00	153.80	1.448 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 159.5, but if it comes below 159.5, then a intra day sell could be more profitable.
If you take a sell trade below 159.5, then use 159.5 as stoploss and 147.97 as target. However if you take a buy trade in stock , then use 159.5 as stoploss and 173.3 as target.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	124.25
Downside Target	130.00
Downside Target	147.00
Downside Target	150.06
Downside Target	154.00
Downside Target	157.65
Upside Target	162.95
Upside Target	172.80
Upside Target	175.50
Upside Target	180.00
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	158.32
Downside Intraday Target	155.8
Upside Intraday Target	163.16
Upside Intraday Target	165.48
Downside Intraday Target	160.64

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	160.85	160.80	162.95	158.11	0.055 times
21 Fri Jun 2024	160.04	154.00	180.00	154.00	1.909 times
14 Fri Jun 2024	152.53	154.85	163.00	150.06	1.208 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

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
24 Mon Jun 2024	160.85	141.80	180.00	124.25	1.763 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, 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 161.06 and Refex Industries (REFEX) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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