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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 2024-06-05 View latest technical analysis

10 day averaged volume of Vardhman Acrylics is 46572

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	52.90	52.75	53.50	51.45	1.013 times
04 Tue Jun 2024	51.55	54.20	54.95	49.90	2.314 times
03 Mon Jun 2024	54.10	56.40	56.90	53.45	1.223 times
31 Fri May 2024	54.90	54.35	56.90	54.35	1.537 times
30 Thu May 2024	54.35	54.45	54.95	53.85	0.632 times
29 Wed May 2024	54.25	54.05	55.25	54.05	0.558 times
28 Tue May 2024	54.80	55.45	55.90	54.30	0.595 times
27 Mon May 2024	55.10	54.95	55.60	54.55	0.876 times
24 Fri May 2024	54.95	56.50	56.50	54.75	0.959 times
23 Thu May 2024	55.75	55.90	56.50	55.35	0.536 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.8, but if it comes above 53.8, then a intra day buy could be more profitable.
If you take a sell trade below 53.8, then use 53.8 as stoploss and 52.3 as target. However if you take a buy trade in stock , then use 53.8 as stoploss and 54.99 as target.

Share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Target	49.90
Downside Target	52.00
Upside Target	53.60
Upside Target	56.90
Upside Target	57.00
Upside Target	57.65
Upside Target	58.70
Upside Target	58.95
Upside Target	61.70
Upside Target	65.00
Upside Target	74.00

Intraday share price targets for Vardhman Acrylics (VARDHACRLC)

Target Type	Value
Downside Intraday Target	49.57
Downside Intraday Target	46.23
Upside Intraday Target	56.57
Upside Intraday Target	60.23
Upside Intraday Target	53.23

Weekly technical analysis of Vardhman Acrylics (VARDHACRLC)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	52.90	56.40	56.90	49.90	1.084 times
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

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
05 Wed Jun 2024	52.90	56.40	56.90	49.90	0.202 times
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

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 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 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 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 buy signal for Vardhman Acrylics in short term but BUY signal is weak.

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

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 53.84 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.