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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 2024-09-16 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 317446

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	74.94	69.95	77.00	68.12	5.646 times
13 Fri Sep 2024	69.78	69.00	71.60	68.69	1.208 times
12 Thu Sep 2024	68.82	69.00	70.70	67.13	1.14 times
11 Wed Sep 2024	67.84	71.60	71.66	66.85	0.957 times
10 Tue Sep 2024	71.42	68.00	72.40	68.00	1.253 times
09 Mon Sep 2024	68.42	69.64	69.64	67.50	0.657 times
06 Fri Sep 2024	69.67	71.44	72.25	68.80	1.285 times
05 Thu Sep 2024	71.11	73.25	73.77	70.30	0.698 times
04 Wed Sep 2024	73.07	69.65	73.51	69.65	1.321 times
03 Tue Sep 2024	70.69	71.29	72.31	70.30	0.488 times

Stock of Sutlej Textiles (SUTLEJTEX) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.7, but if it comes below 73.7, then a intra day sell could be more profitable.
If you take a sell trade below 73.7, then use 73.7 as stoploss and 71.22 as target. However if you take a buy trade in stock , then use 73.7 as stoploss and 76.6 as target.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	51.75
Downside Target	60.25
Downside Target	65.33
Downside Target	66.80
Downside Target	72.40
Downside Target	72.69
Downside Target	74.60
Upside Target	77.00
Upside Target	77.29
Upside Target	77.30

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	69.71
Downside Intraday Target	64.47
Upside Intraday Target	78.59
Upside Intraday Target	82.23
Downside Intraday Target	73.35

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	74.94	69.95	77.00	68.12	1.083 times
13 Fri Sep 2024	69.78	69.64	72.40	66.85	1.089 times
06 Fri Sep 2024	69.67	72.40	74.60	68.80	0.497 times
30 Fri Aug 2024	71.92	74.22	77.30	70.10	0.459 times
23 Fri Aug 2024	74.48	65.55	77.29	65.33	1.926 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
16 Mon Sep 2024	74.94	72.40	77.00	66.85	0.269 times
30 Fri Aug 2024	71.92	70.23	77.30	61.75	1.417 times
31 Wed Jul 2024	69.69	64.50	72.69	60.25	1.582 times
28 Fri Jun 2024	64.29	54.00	66.80	44.50	4.281 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) based on a short to mid 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 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 Sutlej Textiles stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sutlej Textiles in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 72.03 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.