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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 2024-09-19 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 297045

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	11.27	11.89	12.02	11.01	1.15 times
18 Wed Sep 2024	11.55	11.61	11.74	11.18	0.866 times
17 Tue Sep 2024	11.19	11.35	11.70	10.59	1.451 times
16 Mon Sep 2024	11.15	11.80	11.99	11.01	1.022 times
13 Fri Sep 2024	11.52	11.08	11.63	11.00	1.105 times
12 Thu Sep 2024	11.08	11.56	11.56	10.98	1.335 times
11 Wed Sep 2024	11.56	11.50	12.00	11.22	0.745 times
10 Tue Sep 2024	11.71	11.74	12.09	11.50	0.501 times
09 Mon Sep 2024	11.74	12.10	12.10	11.62	0.65 times
06 Fri Sep 2024	12.10	11.70	12.50	11.70	1.101 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 4.7 as stoploss in an intra day buy trade for a target of 41.97. However, stock will show a bearish move below 4.7.

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	12.02
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	10.57
Downside Intraday Target	9.86
Upside Intraday Target	12
Upside Intraday Target	12.72
Upside Intraday Target	11.29

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	11.27	11.80	12.02	10.59	1.035 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 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	11.27	12.77	13.19	10.59	34.815 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 11.44 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.