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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 2024-10-16 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 140244

Date Daily Closing Price Open High Low Volume
16 Wed Oct 2024 11.56 11.56 11.56 11.56 0.389 times
15 Tue Oct 2024 11.80 11.80 11.80 11.80 1.498 times
14 Mon Oct 2024 12.05 12.05 12.05 12.05 0.149 times
11 Fri Oct 2024 12.30 11.84 12.30 11.84 2.787 times
10 Thu Oct 2024 12.06 12.06 12.06 12.06 2.475 times
09 Wed Oct 2024 12.31 12.31 12.31 12.31 0.231 times
08 Tue Oct 2024 12.57 12.57 12.57 12.57 0.186 times
07 Mon Oct 2024 12.83 12.83 12.83 12.83 0.048 times
04 Fri Oct 2024 13.10 13.34 13.34 13.10 0.205 times
03 Thu Oct 2024 13.37 13.37 13.37 13.37 1.001 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.8, but if it comes above 11.8, then a intra day buy could be more profitable.
If you take a sell trade below 11.8, then use 11.8 as stoploss and 11 as target. However if you take a buy trade in stock , then use 11.8 as stoploss and 12.55 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type Value
Downside Target 10.59
Downside Target 11.56
Upside Target 11.84
Upside 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 11.4
Downside Intraday Target 11.23
Upside Intraday Target 11.89
Upside Intraday Target 12.21
Upside Intraday Target 11.72

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date Weekly Closing Price Open High Low Volume
16 Wed Oct 2024 11.56 12.05 12.05 11.56 0.356 times
11 Fri Oct 2024 12.30 12.83 12.83 11.84 1.067 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

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
16 Wed Oct 2024 11.56 13.25 13.65 11.56 0.124 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 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 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 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 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 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 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 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 12.26 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.

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 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 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 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 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 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 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 12.26 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.

Click here for Vardhman Polytex charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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