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(SHRITECH_SM) Shri Techtex complete technical analysis [charts+indicators] | Buy/Sell Shri Techtex | (SHRITECH_SM) share price targets

Complete technical analysis of Shri Techtex (SHRITECH_SM) by charts plus indicators, forecast predictions and share price targets for Shri Techtex (SHRITECH_SM)

Showing technical analysis as on 2024-07-01 View latest technical analysis

10 day averaged volume of Shri Techtex is 22200

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	66.00	62.00	66.00	62.00	0.45 times
28 Fri Jun 2024	62.00	62.25	62.25	62.00	0.18 times
27 Thu Jun 2024	62.40	63.30	63.90	62.00	1.351 times
26 Wed Jun 2024	64.05	65.65	65.65	64.05	0.901 times
25 Tue Jun 2024	62.50	65.00	65.00	62.50	0.541 times
24 Mon Jun 2024	65.00	67.00	67.50	63.35	1.712 times
21 Fri Jun 2024	63.55	63.90	65.00	62.30	1.171 times
20 Thu Jun 2024	63.95	62.10	66.50	62.10	1.261 times
19 Wed Jun 2024	61.80	62.00	62.00	61.00	1.712 times
18 Tue Jun 2024	61.10	62.00	62.00	61.10	0.27 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.8, but if it comes below 64.8, then a intra day sell could be more profitable.
If you take a sell trade below 64.8, then use 64.8 as stoploss and 62.96 as target. However if you take a buy trade in stock , then use 64.8 as stoploss and 67 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	51.50
Downside Target	59.10
Downside Target	60.50
Downside Target	63.35
Downside Target	66.00
Upside Target	66.50
Upside Target	67.00
Upside Target	67.50
Upside Target	71.25
Upside Target	73.90
Upside Target	77.65

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	63.33
Downside Intraday Target	60.67
Upside Intraday Target	67.33
Upside Intraday Target	68.67
Downside Intraday Target	64.67

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	66.00	62.00	66.00	62.00	0.096 times
28 Fri Jun 2024	62.00	67.00	67.50	62.00	1.061 times
21 Fri Jun 2024	63.55	62.00	66.50	61.00	0.742 times
14 Fri Jun 2024	62.45	61.15	63.35	60.50	1.467 times
07 Fri Jun 2024	63.15	62.70	67.00	59.10	1.364 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 Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	66.00	62.00	66.00	62.00	0.024 times
28 Fri Jun 2024	62.00	62.70	67.50	59.10	1.05 times
31 Fri May 2024	62.90	64.50	73.90	62.00	0.995 times
30 Tue Apr 2024	67.50	62.50	71.25	61.10	0.303 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 Shri Techtex (SHRITECH_SM)

Price action analysis of Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex ( (SHRITECH_SM) ) based on a short to mid 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 Shri Techtex ( (SHRITECH_SM) ) based on a mid to longer 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.

ADX buy sell signal for Shri Techtex stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shri Techtex 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.

Shri Techtex 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 weakening, and bulls are picking up momentum!

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 Shri Techtex in short term and BUY signal is strong.

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 Shri Techtex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.39 and Shri Techtex (SHRITECH_SM) 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 Shri Techtex (SHRITECH_SM) stock. Volume based technical analysis of Shri Techtex (SHRITECH_SM) stock is negative.

Shri Techtex 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.