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(VARDHACRLC) Vardhman Acrylics complete technical analysis [charts+indicators] | Buy/Sell Vardhman Acrylics | (VARDHACRLC) share price targets

Complete technical analysis of Vardhman Acrylics (VARDHACRLC) by charts plus indicators, forecast predictions and share price targets for Vardhman Acrylics (VARDHACRLC)

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Vardhman Acrylics is 54852

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	56.35	56.40	56.90	55.30	0.701 times
15 Wed May 2024	56.35	56.95	57.00	55.00	0.974 times
14 Tue May 2024	56.70	55.00	57.65	54.30	1.271 times
13 Mon May 2024	54.20	55.70	55.70	53.60	0.491 times
10 Fri May 2024	54.70	54.85	55.80	54.00	0.43 times
09 Thu May 2024	54.85	56.80	56.80	54.70	0.936 times
08 Wed May 2024	56.30	56.90	56.90	56.00	0.493 times
07 Tue May 2024	55.90	57.15	58.50	55.05	1.396 times
06 Mon May 2024	57.50	58.95	58.95	57.15	1.064 times
03 Fri May 2024	57.85	57.65	58.95	57.30	1.626 times

My analysis of stock is bearish for shortterm, and stock might move down till 55.5 or till 54.1. Use a stoploss of 56.6 and if the stock hits stoploss, then it can shoot up till 57.74

Share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Target	50.00
Downside Target	52.00
Downside Target	53.60
Downside Target	55.55
Upside Target	58.70
Upside Target	58.95
Upside Target	61.70
Upside Target	65.00
Upside Target	74.00
Upside Target	74.90

Intraday share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Intraday Target	54.08
Downside Intraday Target	51.82
Upside Intraday Target	58.13
Upside Intraday Target	59.92
Downside Intraday Target	55.87

Weekly technical analysis of Vardhman Acrylics (VARDHACRLC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	56.35	55.70	57.65	53.60	0.796 times
10 Fri May 2024	54.70	58.95	58.95	54.00	0.924 times
03 Fri May 2024	57.85	58.70	58.95	56.50	0.994 times
26 Fri Apr 2024	57.60	56.95	58.65	55.55	0.903 times
19 Fri Apr 2024	55.40	54.60	57.50	54.00	0.906 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 Vardhman Acrylics (VARDHACRLC)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	56.35	57.65	58.95	53.60	0.444 times
30 Tue Apr 2024	57.15	52.00	58.70	52.00	0.592 times
28 Thu Mar 2024	51.00	64.00	65.00	50.00	0.3 times
29 Thu Feb 2024	63.00	65.25	74.00	61.70	0.837 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 Vardhman Acrylics (VARDHACRLC)

Price action analysis of Vardhman Acrylics ( (VARDHACRLC) ) based on a short 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 Vardhman Acrylics ( (VARDHACRLC) ) 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 Vardhman Acrylics ( (VARDHACRLC) ) 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 Vardhman Acrylics ( (VARDHACRLC) ) 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 Vardhman Acrylics stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Vardhman Acrylics 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.

Vardhman Acrylics 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 coming down

CCI has generated a buy signal for Vardhman Acrylics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Vardhman Acrylics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.38 and Vardhman Acrylics (VARDHACRLC) 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 Vardhman Acrylics (VARDHACRLC) stock. Volume based technical analysis of Vardhman Acrylics (VARDHACRLC) stock is negative.

Vardhman Acrylics Stock has given negative 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.