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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 2024-09-11 View latest technical analysis

10 day averaged volume of Shri Techtex is 43600

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	70.60	70.00	72.90	69.65	1.101 times
10 Tue Sep 2024	71.65	68.90	72.00	68.00	1.147 times
09 Mon Sep 2024	68.80	68.00	69.00	66.50	1.927 times
06 Fri Sep 2024	67.75	69.40	69.45	66.10	0.872 times
05 Thu Sep 2024	67.20	66.75	67.45	65.65	0.734 times
03 Tue Sep 2024	69.00	66.10	69.00	66.10	0.413 times
02 Mon Sep 2024	66.85	69.00	69.00	66.70	0.642 times
30 Fri Aug 2024	69.00	69.90	71.90	69.00	1.468 times
29 Thu Aug 2024	67.05	68.00	68.05	67.00	0.55 times
28 Wed Aug 2024	68.70	69.00	69.00	67.55	0.78 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 70.4, but if it comes below 70.4, then a intra day sell could be more profitable.
If you take a sell trade below 70.4, then use 70.4 as stoploss and 68.03 as target. However if you take a buy trade in stock , then use 70.4 as stoploss and 73.3 as target.

Share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Target	59.10
Downside Target	60.30
Downside Target	62.00
Downside Target	65.65
Downside Target	69.45
Upside Target	72.00
Upside Target	72.90
Upside Target	73.55
Upside Target	73.90
Upside Target	76.30
Upside Target	78.85

Intraday share price targets for Shri Techtex (SHRITECH_SM)

Target Type	Value
Downside Intraday Target	67.1
Downside Intraday Target	63.6
Upside Intraday Target	73.5
Upside Intraday Target	76.4
Downside Intraday Target	70

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	70.60	68.00	72.90	66.50	1.569 times
06 Fri Sep 2024	67.75	69.00	69.45	65.65	0.537 times
30 Fri Aug 2024	69.00	73.55	73.55	66.60	1.612 times
23 Fri Aug 2024	68.75	66.00	72.00	66.00	0.511 times
16 Fri Aug 2024	65.00	67.50	68.70	60.30	1.297 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 Shri Techtex (SHRITECH_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	70.60	69.00	72.90	65.65	0.339 times
30 Fri Aug 2024	69.00	75.50	76.30	60.30	1.12 times
31 Wed Jul 2024	75.30	62.00	78.85	62.00	1.854 times
28 Fri Jun 2024	62.00	62.70	67.50	59.10	1.05 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 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 Shri Techtex ( (SHRITECH_SM) ) 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 Shri Techtex ( (SHRITECH_SM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 and the buy signal is strong.

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. 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 coming down

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 negative zone. This is the SELL zone

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

Stock of Shri Techtex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.93 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.