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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 2024-10-08 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 226318

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	63.80	62.35	64.12	61.66	0.661 times
07 Mon Oct 2024	61.43	66.00	67.24	61.00	1.412 times
04 Fri Oct 2024	65.40	66.30	67.89	65.01	0.619 times
03 Thu Oct 2024	66.87	69.95	69.95	66.54	0.936 times
01 Tue Oct 2024	70.63	71.70	71.95	69.80	0.521 times
30 Mon Sep 2024	71.54	71.00	72.80	70.31	1.193 times
27 Fri Sep 2024	70.38	69.94	71.44	69.85	0.67 times
26 Thu Sep 2024	69.79	70.45	71.08	68.92	1.017 times
25 Wed Sep 2024	70.20	70.78	72.25	70.00	1.273 times
24 Tue Sep 2024	70.60	71.99	72.74	70.20	1.088 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 62.8, for a target of 66.5 or 69.7

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	60.25
Upside Target	65.01
Upside Target	66.80
Upside Target	71.95
Upside Target	72.40
Upside Target	72.69
Upside Target	72.80
Upside Target	74.25
Upside Target	77.30
Upside Target	78.85

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	60.79
Downside Intraday Target	57.77
Upside Intraday Target	67.03
Upside Intraday Target	70.25
Upside Intraday Target	64.01

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	63.80	66.00	67.24	61.00	0.634 times
04 Fri Oct 2024	65.40	71.00	72.80	65.01	0.615 times
27 Fri Sep 2024	70.38	72.77	74.25	68.92	0.233 times
20 Fri Sep 2024	72.23	69.95	78.85	68.12	3.114 times
13 Fri Sep 2024	69.78	69.64	72.40	66.85	1.089 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
08 Tue Oct 2024	63.80	71.70	71.95	61.00	0.096 times
30 Mon Sep 2024	71.54	72.40	78.85	66.85	0.531 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

Scroll below to view daily charts

Price has moved down 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sutlej Textiles stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sutlej Textiles in short term and the sell signal is strong.

Sutlej Textiles Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Sutlej Textiles in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 67.99 and Sutlej Textiles (SUTLEJTEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.