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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 2024-10-03 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 809050

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	13.37	13.37	13.37	13.37	0.174 times
01 Tue Oct 2024	13.65	13.25	13.65	13.25	0.246 times
30 Mon Sep 2024	13.40	13.00	13.47	13.00	0.476 times
27 Fri Sep 2024	13.21	13.40	13.40	13.21	0.41 times
26 Thu Sep 2024	13.48	13.54	13.55	13.48	1.111 times
25 Wed Sep 2024	13.29	13.62	13.62	12.75	4.027 times
24 Tue Sep 2024	12.98	12.98	12.98	12.98	0.538 times
23 Mon Sep 2024	12.37	11.60	12.37	11.60	1.925 times
20 Fri Sep 2024	11.79	11.35	11.83	11.30	0.526 times
19 Thu Sep 2024	11.27	11.89	12.02	11.01	0.422 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.1, but if it comes below 13.1, then a intra day sell could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 12.22 as target. However if you take a buy trade in stock , then use 13.1 as stoploss and 14.2 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	10.59
Downside Target	10.98
Downside Target	11.60
Downside Target	12.02
Downside Target	13.00
Upside Target	13.62
Upside Target	13.65
Upside Target	65.10
Upside Target	76.20
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	13.03
Downside Intraday Target	12.69
Upside Intraday Target	13.68
Upside Intraday Target	13.99
Downside Intraday Target	13.34

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	13.37	13.00	13.65	13.00	0.112 times
27 Fri Sep 2024	13.21	11.60	13.62	11.60	3.685 times
20 Fri Sep 2024	11.79	11.80	12.02	10.59	1.366 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

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
03 Thu Oct 2024	13.37	13.25	13.65	13.25	0.029 times
30 Mon Sep 2024	13.40	12.77	13.62	10.59	91.861 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

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_BE)

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) based on a short 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 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 losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

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 12.96 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 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 negative.

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