(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.
10 day averaged volume of Vardhman Polytex is 57944
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||16.55||16.50||17.25||16.10||0.291 times|
|13 Tue Apr 2021||16.85||17.00||17.80||16.50||0.346 times|
|12 Mon Apr 2021||17.00||17.90||18.20||16.30||1.839 times|
|09 Fri Apr 2021||17.80||19.10||19.70||17.50||2.383 times|
|08 Thu Apr 2021||18.05||17.80||18.05||17.35||0.74 times|
|07 Wed Apr 2021||16.45||15.40||16.45||15.40||1.017 times|
|06 Tue Apr 2021||15.70||16.60||16.60||15.55||0.862 times|
|05 Mon Apr 2021||16.25||17.00||17.00||16.25||0.564 times|
|01 Thu Apr 2021||17.10||17.40||17.45||16.85||0.841 times|
|31 Wed Mar 2021||17.15||17.50||17.90||17.05||0.639 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 16.4 as stoploss in an intra day buy trade for a target of 18.22. However, stock will show a bearish move below 16.4.
Share price targets for Vardhman Polytex (VARDMNPOLY)
Intraday share price targets for Vardhman Polytex (VARDMNPOLY)
|Downside Intraday Target||15.7|
|Downside Intraday Target||14.85|
|Upside Intraday Target||17.8|
|Upside Intraday Target||19.05|
|Upside Intraday Target||16.95|
Weekly technical analysis of Vardhman Polytex (VARDMNPOLY)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||16.55||17.90||18.20||16.10||0.445 times|
|09 Fri Apr 2021||17.80||17.00||19.70||15.40||2.475 times|
|01 Thu Apr 2021||17.10||18.00||18.40||16.85||0.276 times|
|26 Fri Mar 2021||17.95||19.50||20.05||17.55||1.53 times|
|19 Fri Mar 2021||20.10||19.75||23.15||19.60||0.67 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|
|15 Thu Apr 2021||16.55||17.40||19.70||15.40||0.304 times|
|31 Wed Mar 2021||17.15||26.10||26.10||17.05||0.572 times|
|25 Thu Feb 2021||28.85||14.75||28.85||11.95||2.241 times|
|29 Fri Jan 2021||14.15||14.15||17.20||13.30||0.441 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||24, 30, 11||Sell|
Price action analysis of Vardhman Polytex ( (VARDMNPOLY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Vardhman Polytex in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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
Although the stock is in the SELL zone, but selling 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 17.06 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.