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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 2024-05-24 View latest technical analysis

10 day averaged volume of Vardhman Acrylics is 43194

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	54.95	56.50	56.50	54.75	1.034 times
23 Thu May 2024	55.75	55.90	56.50	55.35	0.578 times
22 Wed May 2024	55.70	56.80	56.80	55.50	0.829 times
21 Tue May 2024	55.85	56.75	57.00	55.60	2.229 times
18 Sat May 2024	56.75	56.20	57.00	55.60	0.23 times
17 Fri May 2024	55.60	56.85	56.90	54.55	1.222 times
16 Thu May 2024	56.35	56.40	56.90	55.30	0.89 times
15 Wed May 2024	56.35	56.95	57.00	55.00	1.237 times
14 Tue May 2024	56.70	55.00	57.65	54.30	1.614 times
13 Mon May 2024	54.20	55.70	55.70	53.60	0.624 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.2, but if it comes above 55.2, then a intra day buy could be more profitable.
If you take a sell trade below 55.2, then use 55.2 as stoploss and 53.9 as target. However if you take a buy trade in stock , then use 55.2 as stoploss and 56.28 as target.

Share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Target	50.00
Downside Target	52.00
Downside Target	53.60
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	54.13
Downside Intraday Target	53.32
Upside Intraday Target	56.38
Upside Intraday Target	57.82
Upside Intraday Target	55.57

Weekly technical analysis of Vardhman Acrylics (VARDHACRLC)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	54.95	56.75	57.00	54.75	0.803 times
18 Sat May 2024	56.75	55.70	57.65	53.60	1.06 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

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 Vardhman Acrylics (VARDHACRLC)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	54.95	57.65	58.95	53.60	0.645 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Vardhman Acrylics in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Vardhman Acrylics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Vardhman Acrylics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.87 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 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.