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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 2024-06-18 View latest technical analysis

10 day averaged volume of Vardhman Acrylics is 54893

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	53.33	56.99	56.99	52.15	3.832 times
14 Fri Jun 2024	56.26	55.60	56.70	55.15	0.807 times
13 Thu Jun 2024	55.88	55.60	56.80	55.60	0.599 times
12 Wed Jun 2024	56.11	55.55	56.60	55.32	0.898 times
11 Tue Jun 2024	55.13	56.45	56.59	55.00	0.889 times
10 Mon Jun 2024	55.44	54.05	56.35	54.05	1.169 times
07 Fri Jun 2024	54.40	53.70	54.70	53.20	0.693 times
06 Thu Jun 2024	53.00	53.35	54.00	52.40	1.085 times
05 Wed Jun 2024	52.90	52.75	53.50	51.45	0.859 times
04 Tue Jun 2024	51.55	54.20	54.95	49.90	1.964 times

Stock of Vardhman Acrylics (VARDHACRLC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.5, but if it comes above 53.5, then a intra day buy could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 52 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 54.69 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	56.80
Upside Target	56.99
Upside Target	57.00
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	51.32
Downside Intraday Target	49.32
Upside Intraday Target	56.16
Upside Intraday Target	59
Upside Intraday Target	54.16

Weekly technical analysis of Vardhman Acrylics (VARDHACRLC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	53.33	56.99	56.99	52.15	0.879 times
14 Fri Jun 2024	56.26	54.05	56.80	54.05	0.773 times
07 Fri Jun 2024	54.40	56.40	56.90	49.90	1.583 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

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
18 Tue Jun 2024	53.33	56.40	56.99	49.90	0.725 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 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 Vardhman Acrylics ( (VARDHACRLC) ) based on a short to mid 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 Vardhman Acrylics ( (VARDHACRLC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

Vardhman Acrylics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Vardhman Acrylics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 53.87 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 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.