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(SUTLEJTEX) Sutlej Textiles complete technical analysis [charts+indicators] | Buy/Sell Sutlej Textiles | (SUTLEJTEX) share price targets

Complete technical analysis of Sutlej Textiles (SUTLEJTEX) by charts plus indicators, forecast predictions and share price targets for Sutlej Textiles (SUTLEJTEX)

Sutlej Textiles trades in NSE in Textiles sector.

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 232988

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	58.70	57.45	59.45	57.25	0.915 times
01 Mon Apr 2024	56.60	50.95	58.40	50.95	1.768 times
28 Thu Mar 2024	50.40	51.10	51.90	50.00	1.2 times
27 Wed Mar 2024	50.75	54.95	55.05	50.45	1.613 times
26 Tue Mar 2024	52.35	54.05	54.05	52.00	1.241 times
22 Fri Mar 2024	53.25	52.65	54.65	52.60	0.668 times
21 Thu Mar 2024	52.65	51.55	53.55	51.55	0.628 times
20 Wed Mar 2024	51.25	52.50	53.50	51.05	0.599 times
19 Tue Mar 2024	52.10	53.60	53.90	51.80	0.603 times
18 Mon Mar 2024	53.15	52.60	54.80	52.60	0.676 times

My analysis of stock is bullish for shortterm, and stock might move up till 61.3 or till 67.4. Use a stoploss of 56.19 and if this stock hits its stoploss, then it can fall down till 51.12

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	50.00
Downside Target	54.15
Downside Target	57.30
Upside Target	59.45
Upside Target	60.40
Upside Target	62.60
Upside Target	66.75
Upside Target	67.95
Upside Target	68.30
Upside Target	70.00
Upside Target	73.45

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	53.28
Downside Intraday Target	47.87
Upside Intraday Target	61.78
Upside Intraday Target	64.87
Downside Intraday Target	56.37

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	58.70	50.95	59.45	50.95	0.662 times
28 Thu Mar 2024	50.40	54.05	55.05	50.00	1.277 times
22 Fri Mar 2024	53.25	52.60	54.80	51.05	0.507 times
15 Fri Mar 2024	52.95	61.95	62.60	50.25	1.757 times
07 Thu Mar 2024	62.00	65.45	66.75	60.40	0.524 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 Sutlej Textiles (SUTLEJTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	58.70	50.95	59.45	50.95	0.146 times
28 Thu Mar 2024	50.40	65.45	67.95	50.00	0.293 times
29 Thu Feb 2024	65.20	66.45	73.45	54.15	1.442 times
31 Wed Jan 2024	65.70	58.00	68.30	57.70	0.859 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 Sutlej Textiles (SUTLEJTEX)

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles ( (SUTLEJTEX) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sutlej Textiles 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.

Sutlej Textiles 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 moving up

CCI has generated a buy signal for Sutlej Textiles 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 Sutlej Textiles is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 53.25 and Sutlej Textiles (SUTLEJTEX) 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 Sutlej Textiles (SUTLEJTEX) stock. Volume based technical analysis of Sutlej Textiles (SUTLEJTEX) stock is negative.

Sutlej Textiles 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.