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

(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 2024-10-17 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 125798

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	11.32	11.32	11.32	11.32	0.869 times
16 Wed Oct 2024	11.56	11.56	11.56	11.56	0.434 times
15 Tue Oct 2024	11.80	11.80	11.80	11.80	1.669 times
14 Mon Oct 2024	12.05	12.05	12.05	12.05	0.167 times
11 Fri Oct 2024	12.30	11.84	12.30	11.84	3.107 times
10 Thu Oct 2024	12.06	12.06	12.06	12.06	2.76 times
09 Wed Oct 2024	12.31	12.31	12.31	12.31	0.257 times
08 Tue Oct 2024	12.57	12.57	12.57	12.57	0.207 times
07 Mon Oct 2024	12.83	12.83	12.83	12.83	0.053 times
04 Fri Oct 2024	13.10	13.34	13.34	13.10	0.229 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 10.9 as target. However if you take a buy trade in stock , then use 11.8 as stoploss and 12.54 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	10.59
Downside Target	11.32
Upside Target	11.60
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	11.08
Downside Intraday Target	10.83
Upside Intraday Target	11.81
Upside Intraday Target	12.29
Upside Intraday Target	11.56

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	11.32	12.05	12.05	11.32	0.492 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
17 Thu Oct 2024	11.32	13.25	13.65	11.32	0.133 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 neutral. A longer time frame might give a better analysis.

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 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 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

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 12.05 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.