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

(VARDMNPOLY_BE) Vardhman Polytex complete technical analysis [charts+indicators] | Buy/Sell Vardhman Polytex | (VARDMNPOLY_BE) share price targets

Complete technical analysis of Vardhman Polytex (VARDMNPOLY_BE) by charts plus indicators, forecast predictions and share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 10225

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	78.60	78.95	78.95	78.60	0.316 times
15 Mon Apr 2024	79.00	76.30	79.15	76.30	2.391 times
12 Fri Apr 2024	77.60	78.20	78.20	77.60	0.62 times
10 Wed Apr 2024	78.25	79.00	79.00	78.20	0.497 times
09 Tue Apr 2024	79.55	81.00	81.00	79.55	0.364 times
08 Mon Apr 2024	81.00	80.15	81.80	80.15	0.794 times
05 Fri Apr 2024	80.20	80.20	80.20	79.60	2.569 times
04 Thu Apr 2024	80.80	79.30	80.80	79.30	0.449 times
03 Wed Apr 2024	79.25	78.10	79.25	78.10	0.473 times
02 Tue Apr 2024	77.70	77.70	77.70	77.70	0.11 times

My analysis of stock is bullish for shortterm, and stock might move up till 79.8 or till 82.7. Use a stoploss of 77.43 and if this stock hits its stoploss, then it can fall down till 75.04

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	54.70
Downside Target	63.55
Downside Target	70.40
Downside Target	73.25
Downside Target	76.30
Downside Target	77.60
Downside Target	78.15
Upside Target	79.15
Upside Target	80.80
Upside Target	81.80
Upside Target	86.35

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Intraday Target	76.88
Downside Intraday Target	75.17
Upside Intraday Target	79.73
Upside Intraday Target	80.87
Downside Intraday Target	78.02

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	78.60	76.30	79.15	76.30	1.189 times
12 Fri Apr 2024	77.60	80.15	81.80	77.60	0.427 times
05 Fri Apr 2024	80.20	76.20	80.80	76.20	3.464 times
28 Thu Mar 2024	74.75	73.25	74.75	73.25	0.198 times
22 Fri Mar 2024	74.75	78.15	78.15	73.25	0.24 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	78.60	76.20	81.80	76.20	0.091 times
28 Thu Mar 2024	74.75	69.00	86.35	65.10	1.989 times
29 Thu Feb 2024	66.00	70.45	74.00	63.55	0.474 times
31 Wed Jan 2024	70.40	57.85	70.40	55.40	2.229 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_BE)

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) 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_BE) ) based on a short to mid 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.

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) 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 BUY. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Vardhman Polytex in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 79.5 and Vardhman Polytex (VARDMNPOLY_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Vardhman Polytex (VARDMNPOLY_BE) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY_BE) stock is negative.

Vardhman Polytex Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.