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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 2024-07-22 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 231483

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	8.32	8.53	8.64	8.30	0.972 times
19 Fri Jul 2024	8.52	9.05	9.30	8.42	1.547 times
18 Thu Jul 2024	8.87	9.15	9.19	8.78	0.774 times
16 Tue Jul 2024	8.97	8.70	9.09	8.68	0.607 times
15 Mon Jul 2024	8.67	8.97	9.09	8.56	1.519 times
12 Fri Jul 2024	8.97	9.19	9.19	8.85	0.759 times
11 Thu Jul 2024	8.99	9.40	9.40	8.85	0.641 times
10 Wed Jul 2024	8.99	8.81	9.19	8.81	0.739 times
09 Tue Jul 2024	8.99	9.39	9.52	8.71	1.583 times
08 Mon Jul 2024	9.17	9.39	9.39	9.10	0.647 times

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 8.2, for a target of 8.8 or 9.28

Share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type	Value
Downside Target	8.30
Upside Target	8.64
Upside Target	9.06
Upside Target	9.30
Upside Target	10.37
Upside Target	10.46
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	8.2
Downside Intraday Target	8.08
Upside Intraday Target	8.54
Upside Intraday Target	8.76
Upside Intraday Target	8.42

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	8.32	8.53	8.64	8.30	0.219 times
19 Fri Jul 2024	8.52	8.97	9.30	8.42	1.018 times
12 Fri Jul 2024	8.97	9.39	9.52	8.71	0.964 times
05 Fri Jul 2024	9.17	10.37	10.37	9.06	0.985 times
28 Fri Jun 2024	9.93	10.40	10.46	9.46	0.615 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
22 Mon Jul 2024	8.32	10.37	10.37	8.30	0.455 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 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 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 BUY signal in short term and the buying is gaining 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 8.8 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.