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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 2024-06-10 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 675118

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	10.39	10.15	10.39	9.74	0.476 times
07 Fri Jun 2024	9.90	9.80	9.90	9.60	0.643 times
06 Thu Jun 2024	9.45	9.40	9.50	9.05	0.468 times
05 Wed Jun 2024	9.05	9.40	9.40	8.70	0.521 times
04 Tue Jun 2024	9.15	9.60	9.80	9.15	0.357 times
03 Mon Jun 2024	9.60	10.00	10.00	9.55	0.496 times
31 Fri May 2024	9.55	9.10	9.55	9.10	0.338 times
30 Thu May 2024	9.10	9.80	9.80	9.10	1.626 times
29 Wed May 2024	9.55	10.25	10.25	9.45	1.129 times
28 Tue May 2024	9.95	9.45	9.95	9.45	0.819 times

My analysis of stock is bearish for shortterm, and stock might move down till -9.8 or till -50.9. Use a stoploss of 24.49 and if the stock hits stoploss, then it can shoot up till 58.75

Share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Target	8.70
Downside Target	9.10
Downside Target	9.74
Downside Target	9.95
Downside Target	10.39
Upside Target	11.20
Upside Target	12.30
Upside Target	25.00
Upside Target	45.00
Upside Target	45.65
Upside Target	49.85
Upside Target	50.95
Upside Target	110.45

Intraday share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Intraday Target	9.96
Downside Intraday Target	9.52
Upside Intraday Target	10.61
Upside Intraday Target	10.82
Downside Intraday Target	10.17

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	10.39	10.15	10.39	9.74	0.192 times
07 Fri Jun 2024	9.90	10.00	10.00	8.70	0.33 times
31 Fri May 2024	9.55	9.45	10.40	9.10	3.272 times
24 Fri May 2024	9.95	12.30	12.30	9.95	0.602 times
18 Sat May 2024	12.15	95.80	110.45	11.20	11.113 times

Price has moved up 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 Polytex (VARDMNPOLY)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	10.39	10.00	10.39	8.70	0.212 times
31 Fri May 2024	9.55	92.95	110.45	9.10	37.681 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

Scroll below to view daily charts

Price has moved up 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 Polytex (VARDMNPOLY)

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

Price action analysis of Vardhman Polytex ( (VARDMNPOLY) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 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 Polytex Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Polytex in short term and BUY 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 9.52 and Vardhman Polytex (VARDMNPOLY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.