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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 2024-10-15 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 159348

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	63.62	64.50	65.16	63.20	0.462 times
14 Mon Oct 2024	64.64	64.71	65.37	64.20	0.465 times
11 Fri Oct 2024	64.71	65.38	65.38	63.84	0.376 times
10 Thu Oct 2024	65.38	64.48	67.00	63.55	0.597 times
09 Wed Oct 2024	62.96	63.99	64.96	62.05	0.974 times
08 Tue Oct 2024	63.80	62.35	64.12	61.66	0.939 times
07 Mon Oct 2024	61.43	66.00	67.24	61.00	2.005 times
04 Fri Oct 2024	65.40	66.30	67.89	65.01	0.879 times
03 Thu Oct 2024	66.87	69.95	69.95	66.54	1.33 times
01 Tue Oct 2024	70.63	71.70	71.95	69.80	0.74 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.5, but if it comes above 64.5, then a intra day buy could be more profitable.
If you take a sell trade below 64.5, then use 64.5 as stoploss and 60.1 as target. However if you take a buy trade in stock , then use 64.5 as stoploss and 68.12 as target.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	60.25
Downside Target	63.20
Upside Target	65.01
Upside Target	66.80
Upside Target	71.95
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	62.76
Downside Intraday Target	61.89
Upside Intraday Target	64.93
Upside Intraday Target	66.23
Upside Intraday Target	64.06

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	63.62	64.71	65.37	63.20	0.19 times
11 Fri Oct 2024	64.71	66.00	67.24	61.00	1.053 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

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
15 Tue Oct 2024	63.62	71.70	71.95	61.00	0.143 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sutlej Textiles in short term and SELL 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 64.55 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.