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 2024-09-06 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 194996

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.10	11.70	12.50	11.70	1.678 times
05 Thu Sep 2024	12.04	12.40	13.00	12.01	1.864 times
04 Wed Sep 2024	12.44	12.77	13.19	11.95	5.839 times
03 Fri May 2024	92.95	94.95	95.00	89.60	0.142 times
02 Thu May 2024	94.20	95.50	95.80	93.00	0.514 times
30 Tue Apr 2024	91.25	87.00	91.25	85.95	0.453 times
29 Mon Apr 2024	86.95	85.00	88.05	84.45	0.235 times
26 Fri Apr 2024	85.00	85.00	85.60	82.50	0.13 times
25 Thu Apr 2024	83.80	85.25	86.65	83.50	0.202 times
24 Wed Apr 2024	84.40	82.50	85.45	82.00	0.245 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 15.7, for a target of 46.6 or 72.37

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	11.70
Upside Target	13.19
Upside Target	63.55
Upside Target	65.10
Upside Target	74.00
Upside Target	76.20
Upside Target	79.90
Upside Target	81.80
Upside Target	84.45
Upside Target	86.35
Upside Target	86.65
Upside Target	89.60
Upside Target	91.25
Upside Target	95.80

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Intraday Target	11.47
Downside Intraday Target	10.84
Upside Intraday Target	12.96
Upside Intraday Target	13.82
Upside Intraday Target	12.33

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.10	12.77	13.19	11.70	6.981 times
03 Fri May 2024	92.95	85.00	95.80	84.45	1.204 times
26 Fri Apr 2024	85.00	78.00	86.65	78.00	4.583 times
19 Fri Apr 2024	78.00	76.30	79.90	76.30	2.04 times
12 Fri Apr 2024	77.60	80.15	81.80	77.60	0.427 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	12.10	12.77	13.19	11.70	14.309 times
03 Fri May 2024	92.95	95.50	95.80	89.60	0.268 times
30 Tue Apr 2024	91.25	76.20	91.25	76.20	0.41 times
28 Thu Mar 2024	74.75	69.00	86.35	65.10	1.989 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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_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 SELL. Signal strength is Strong 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 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 moving up

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 and selling is picking up 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 25.43 and Vardhman Polytex (VARDMNPOLY_BE) 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_BE) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY_BE) 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.