logo munafa.org

NEWS Gainers Losers
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 7.30
Downside Target 11.95
Downside Target 13.30
Downside Target 15.40
Downside Target 16.10
Upside Target 16.85
Upside Target 17.55
Upside Target 18.20
Upside Target 19.60
Upside Target 19.70
Upside Target 20.05
Upside Target 23.15
Upside Target 26.10
Upside Target 28.85

Intraday share price targets for Vardhman Polytex (VARDMNPOLY)

Target Type Value
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
MACD -1, -1Sell
Stochastics 33None
CCI -44Sell
RSI 68Buy
OBV -363692Sell
VWAP 17Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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.

Click here for Vardhman Polytex charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
 Learn then Earn
Back to top | Use Dark Theme