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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 2024-09-13 View latest technical analysis

10 day averaged volume of Shri Techtex is 38800

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	72.00	72.00	72.65	71.00	1.082 times
12 Thu Sep 2024	70.00	70.00	70.00	70.00	0.052 times
11 Wed Sep 2024	70.60	70.00	72.90	69.65	1.237 times
10 Tue Sep 2024	71.65	68.90	72.00	68.00	1.289 times
09 Mon Sep 2024	68.80	68.00	69.00	66.50	2.165 times
06 Fri Sep 2024	67.75	69.40	69.45	66.10	0.979 times
05 Thu Sep 2024	67.20	66.75	67.45	65.65	0.825 times
03 Tue Sep 2024	69.00	66.10	69.00	66.10	0.464 times
02 Mon Sep 2024	66.85	69.00	69.00	66.70	0.722 times
30 Fri Aug 2024	69.00	69.90	71.90	69.00	1.649 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 72.5, for a target of 70.5 or 68.9

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
Downside 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	68.03
Downside Intraday Target	64.07
Upside Intraday Target	74.43
Upside Intraday Target	76.87
Downside Intraday Target	70.47

Weekly technical analysis of Shri Techtex (SHRITECH_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Sep 2024	72.00	68.00	72.90	66.50	1.948 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
13 Fri Sep 2024	72.00	69.00	72.90	65.65	0.389 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 to mid 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 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 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 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 69.38 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.