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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 2024-07-02 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 298844

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	9.60	10.19	10.19	9.50	0.673 times
01 Mon Jul 2024	9.84	10.37	10.37	9.71	0.643 times
28 Fri Jun 2024	9.93	10.20	10.20	9.80	0.533 times
27 Thu Jun 2024	9.85	10.00	10.46	9.80	0.64 times
26 Wed Jun 2024	9.97	9.80	10.09	9.79	0.662 times
25 Tue Jun 2024	9.79	10.20	10.20	9.46	1.093 times
24 Mon Jun 2024	9.92	10.40	10.40	9.66	0.636 times
21 Fri Jun 2024	10.08	10.34	10.62	10.06	0.873 times
20 Thu Jun 2024	10.34	11.09	11.09	10.30	1.865 times
19 Wed Jun 2024	10.85	11.27	11.27	10.62	1.094 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 9.5 as stoploss in an intra day buy trade for a target of 10.12. However, stock will show a bearish move below 9.5.

Share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Target	8.70
Downside Target	9.10
Downside Target	9.46
Upside Target	9.74
Upside Target	10.00
Upside Target	10.37
Upside Target	11.40
Upside Target	11.62
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	9.28
Downside Intraday Target	8.95
Upside Intraday Target	10.15
Upside Intraday Target	10.69
Upside Intraday Target	9.82

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	9.60	10.37	10.37	9.50	0.369 times
28 Fri Jun 2024	9.93	10.40	10.46	9.46	0.615 times
21 Fri Jun 2024	10.08	11.33	11.40	10.06	0.617 times
14 Fri Jun 2024	11.12	10.15	11.62	9.74	1.673 times
07 Fri Jun 2024	9.90	10.00	10.00	8.70	0.33 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 Polytex (VARDMNPOLY)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	9.60	10.37	10.37	9.50	0.054 times
28 Fri Jun 2024	9.93	10.00	11.62	8.70	0.771 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

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 Polytex (VARDMNPOLY)

Price action analysis of Vardhman Polytex ( (VARDMNPOLY) ) 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 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 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 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 gaining momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.1 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.