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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 2024-04-10 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 208315

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	57.30	57.95	58.25	56.80	0.428 times
09 Tue Apr 2024	57.55	58.25	58.25	57.00	0.266 times
08 Mon Apr 2024	57.75	59.00	59.60	57.60	0.351 times
05 Fri Apr 2024	58.55	59.45	59.80	58.25	0.309 times
04 Thu Apr 2024	59.45	59.60	60.50	58.80	0.718 times
03 Wed Apr 2024	59.60	59.50	59.85	58.80	0.821 times
02 Tue Apr 2024	58.70	57.45	59.45	57.25	1.024 times
01 Mon Apr 2024	56.60	50.95	58.40	50.95	1.977 times
28 Thu Mar 2024	50.40	51.10	51.90	50.00	1.343 times
27 Wed Mar 2024	50.75	54.95	55.05	50.45	1.804 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 57.9 as stoploss in an intra day sell trade for a target of 54.78. However, stock will show a bullish move above 57.9.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	50.00
Downside Target	54.15
Downside Target	56.80
Upside Target	59.60
Upside Target	60.50
Upside Target	62.60
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	56.2
Downside Intraday Target	55.1
Upside Intraday Target	59
Upside Intraday Target	60.7
Upside Intraday Target	57.9

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	57.30	59.00	59.60	56.80	0.215 times
05 Fri Apr 2024	58.55	50.95	60.50	50.95	1.069 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

Price has moved down 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
10 Wed Apr 2024	57.30	50.95	60.50	50.95	0.287 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 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 Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles ( (SUTLEJTEX) ) based on a short to mid 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 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 SELL. 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 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 coming down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.42 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.