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(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 2024-09-18 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 385186

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	11.55	11.61	11.74	11.18	0.668 times
17 Tue Sep 2024	11.19	11.35	11.70	10.59	1.119 times
16 Mon Sep 2024	11.15	11.80	11.99	11.01	0.788 times
13 Fri Sep 2024	11.52	11.08	11.63	11.00	0.852 times
12 Thu Sep 2024	11.08	11.56	11.56	10.98	1.029 times
11 Wed Sep 2024	11.56	11.50	12.00	11.22	0.574 times
10 Tue Sep 2024	11.71	11.74	12.09	11.50	0.387 times
09 Mon Sep 2024	11.74	12.10	12.10	11.62	0.501 times
06 Fri Sep 2024	12.10	11.70	12.50	11.70	0.849 times
05 Thu Sep 2024	12.04	12.40	13.00	12.01	0.944 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 7.9 as stoploss in an intra day buy trade for a target of 45.41. However, stock will show a bearish move below 7.9.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	10.59
Downside Target	10.98
Upside Target	11.70
Upside Target	11.99
Upside Target	13.19
Upside Target	63.55
Upside Target	65.10
Upside Target	74.00
Upside Target	76.20
Upside Target	78.00
Upside Target	84.45
Upside Target	86.35
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	10.76
Downside Intraday Target	9.98
Upside Intraday Target	12.16
Upside Intraday Target	12.78
Downside Intraday Target	11.38

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	11.55	11.80	11.99	10.59	0.77 times
13 Fri Sep 2024	11.52	12.10	12.10	10.98	0.704 times
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

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
18 Wed Sep 2024	11.55	12.77	13.19	10.59	32.142 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 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 neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 11.53 and Vardhman Polytex (VARDMNPOLY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.