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

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

Vardhman Polytex trades in NSE in Textiles sector.

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 90880

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	11.60	11.25	11.60	11.20	18.647 times
16 Thu May 2024	110.45	106.75	110.45	106.10	1.47 times
15 Wed May 2024	105.20	104.00	107.10	102.60	1.709 times
14 Tue May 2024	102.25	98.10	102.70	98.10	1.291 times
13 Mon May 2024	97.85	95.80	98.60	91.80	1.824 times
10 Fri May 2024	93.95	94.90	94.90	93.35	0.486 times
09 Thu May 2024	92.30	95.95	95.95	91.55	0.638 times
08 Wed May 2024	93.30	95.55	95.55	92.15	0.514 times
07 Tue May 2024	93.10	96.95	96.95	91.10	0.499 times
06 Mon May 2024	93.60	92.95	95.20	90.40	0.415 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7.6, for a target of 41 or 68.82

Share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Target	11.20
Upside Target	19.00
Upside Target	25.00
Upside Target	28.50
Upside Target	45.00
Upside Target	49.70
Upside Target	49.85
Upside Target	50.95
Upside Target	90.40
Upside Target	96.95
Upside Target	110.45

Intraday share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Intraday Target	-21.62
Downside Intraday Target	-54.83
Upside Intraday Target	77.63
Upside Intraday Target	143.67
Upside Intraday Target	44.42

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	11.60	95.80	110.45	11.20	9.777 times
10 Fri May 2024	93.95	92.95	96.95	90.40	1.241 times
06 Tue Jun 2023	50.95	46.65	50.95	45.65	0.412 times
02 Fri Jun 2023	47.60	46.35	49.70	45.00	1.065 times
26 Fri May 2023	47.35	45.25	49.85	45.25	0.228 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Vardhman Polytex (VARDMNPOLY)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	11.60	92.95	110.45	11.20	9.98 times
06 Tue Jun 2023	50.95	48.45	50.95	45.65	0.307 times
31 Wed May 2023	47.95	45.25	49.85	45.00	0.236 times
19 Wed Apr 2023	41.55	25.00	45.30	25.00	3.632 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Vardhman Polytex (VARDMNPOLY)

Price action analysis of Vardhman Polytex ( (VARDMNPOLY) ) 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 Polytex ( (VARDMNPOLY) ) based on a short to mid 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 Polytex ( (VARDMNPOLY) ) based on a mid to longer 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.

ADX buy sell signal for Vardhman Polytex stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Vardhman Polytex in short term but the sell signal is initial and weak.

Vardhman Polytex 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 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 Polytex 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Vardhman Polytex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.25 and Vardhman Polytex (VARDMNPOLY) 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 Polytex (VARDMNPOLY) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY) stock is negative.

Vardhman Polytex 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.