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

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

Showing technical analysis as on 2024-10-11 View latest technical analysis

10 day averaged volume of Refex Industries is 179246

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	493.65	490.00	505.00	488.00	1.226 times
10 Thu Oct 2024	497.45	514.40	514.80	490.00	1.553 times
09 Wed Oct 2024	506.50	521.00	522.50	503.50	2.06 times
08 Tue Oct 2024	519.05	490.70	534.45	490.70	2.736 times
07 Mon Oct 2024	516.50	559.90	559.90	516.50	1.562 times
16 Mon Sep 2019	77.90	77.65	77.90	76.00	0.339 times
13 Fri Sep 2019	74.20	73.90	74.20	71.50	0.256 times
12 Thu Sep 2019	70.70	71.20	71.30	68.30	0.463 times
11 Wed Sep 2019	67.95	67.95	67.95	62.05	0.925 times
10 Tue Sep 2019	64.75	64.70	64.75	64.70	0.053 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 366.5, but if it comes below 366.5, then a intra day sell could be more profitable.
If you take a sell trade below 366.5, then use 366.5 as stoploss and 174.74 as target. However if you take a buy trade in stock , then use 366.5 as stoploss and 596.6 as target.

Share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Target	50.75
Downside Target	56.20
Downside Target	61.60
Downside Target	70.55
Downside Target	74.20
Downside Target	76.00
Downside Target	77.90
Downside Target	85.00
Downside Target	89.85
Downside Target	133.55
Downside Target	488.00
Upside Target	559.90

Intraday share price targets for Refex Industries (REFEX_BE)

Target Type	Value
Downside Intraday Target	467.8
Downside Intraday Target	441.95
Upside Intraday Target	539.7
Upside Intraday Target	585.75
Upside Intraday Target	513.85

Weekly technical analysis of Refex Industries (REFEX_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	493.65	559.90	559.90	488.00	26.929 times
16 Mon Sep 2019	77.90	77.65	77.90	76.00	0.194 times
13 Fri Sep 2019	74.20	64.70	74.20	62.05	1.051 times
06 Fri Sep 2019	61.70	53.55	61.70	50.75	0.927 times
30 Fri Aug 2019	56.20	68.80	70.55	56.20	1.707 times

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

Monthly technical analysis of Refex Industries (REFEX_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	493.65	559.90	559.90	488.00	2.434 times
16 Mon Sep 2019	77.90	53.55	77.90	50.75	0.586 times
30 Fri Aug 2019	56.20	89.85	89.85	56.20	0.498 times
31 Wed Jul 2019	94.55	82.00	133.55	78.30	1.282 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_BE)

Price action analysis of Refex Industries ( (REFEX_BE) ) based on a short 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_BE) ) 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_BE) ) 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_BE) ) 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 and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 428.92 and Refex Industries (REFEX_BE) 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_BE) stock. Volume based technical analysis of Refex Industries (REFEX_BE) 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.