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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 2024-10-07 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 766091

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	12.83	12.83	12.83	12.83	0.009 times
04 Fri Oct 2024	13.10	13.34	13.34	13.10	0.038 times
03 Thu Oct 2024	13.37	13.37	13.37	13.37	0.183 times
01 Tue Oct 2024	13.65	13.25	13.65	13.25	0.26 times
30 Mon Sep 2024	13.40	13.00	13.47	13.00	0.502 times
27 Fri Sep 2024	13.21	13.40	13.40	13.21	0.433 times
26 Thu Sep 2024	13.48	13.54	13.55	13.48	1.174 times
25 Wed Sep 2024	13.29	13.62	13.62	12.75	4.253 times
24 Tue Sep 2024	12.98	12.98	12.98	12.98	0.569 times
23 Mon Sep 2024	12.37	11.60	12.37	11.60	2.033 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.2 as stoploss in an intra day sell trade for a target of 12.31. However, stock will show a bullish move above 13.2.

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	12.83
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	12.83
Downside Intraday Target	12.83
Downside Intraday Target	12.83
Downside Intraday Target	12.83
Downside Intraday Target	12.83

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	12.83	12.83	12.83	12.83	0.009 times
04 Fri Oct 2024	13.10	13.00	13.65	13.00	0.116 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

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
07 Mon Oct 2024	12.83	13.25	13.65	12.83	0.032 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 tired and bears are picking up momentum.

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 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

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 13.11 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 negative.

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