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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 2024-05-31 View latest technical analysis

10 day averaged volume of Vardhman Acrylics is 38838

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	54.90	54.35	56.90	54.35	1.843 times
30 Thu May 2024	54.35	54.45	54.95	53.85	0.758 times
29 Wed May 2024	54.25	54.05	55.25	54.05	0.669 times
28 Tue May 2024	54.80	55.45	55.90	54.30	0.713 times
27 Mon May 2024	55.10	54.95	55.60	54.55	1.05 times
24 Fri May 2024	54.95	56.50	56.50	54.75	1.15 times
23 Thu May 2024	55.75	55.90	56.50	55.35	0.643 times
22 Wed May 2024	55.70	56.80	56.80	55.50	0.922 times
21 Tue May 2024	55.85	56.75	57.00	55.60	2.479 times
18 Sat May 2024	56.75	56.20	57.00	55.60	0.256 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 54.6 as stoploss in an intra day buy trade for a target of 55.54. However, stock will show a bearish move below 54.6.

Share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Target	50.00
Downside Target	52.00
Downside Target	53.60
Upside Target	56.50
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	53.53
Downside Intraday Target	52.17
Upside Intraday Target	56.58
Upside Intraday Target	58.27
Upside Intraday Target	55.22

Weekly technical analysis of Vardhman Acrylics (VARDHACRLC)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	54.90	54.95	56.90	53.85	0.969 times
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

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
31 Fri May 2024	54.90	57.65	58.95	53.60	0.793 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Vardhman Acrylics stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Vardhman Acrylics 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 green color and prices are in or below the green cloud Prices appear to be moving up

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 55.23 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 negative.

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