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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 2024-10-31 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 60938

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	9.98	9.98	9.98	9.98	0.284 times
30 Wed Oct 2024	9.79	9.51	9.79	9.51	1.518 times
29 Tue Oct 2024	9.60	9.60	9.60	9.60	0.842 times
28 Mon Oct 2024	9.80	9.80	9.80	9.80	1.233 times
25 Fri Oct 2024	10.00	10.00	10.00	10.00	0.241 times
24 Thu Oct 2024	10.21	10.21	10.21	10.21	0.412 times
23 Wed Oct 2024	10.42	10.42	10.42	10.42	0.39 times
22 Tue Oct 2024	10.64	10.64	10.64	10.64	0.298 times
21 Mon Oct 2024	10.86	10.86	10.86	10.86	1.128 times
18 Fri Oct 2024	11.09	11.09	11.09	11.09	2.143 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.1, but if it comes above 10.1, then a intra day buy could be more profitable.
If you take a sell trade below 10.1, then use 10.1 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 10.1 as stoploss and 11.21 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	9.51
Downside Target	9.98
Upside Target	10.59
Upside Target	10.86
Upside Target	11.09
Upside Target	11.84
Upside Target	12.83
Upside Target	13.62
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	9.67
Downside Intraday Target	9.35
Upside Intraday Target	10.14
Upside Intraday Target	10.29
Downside Intraday Target	9.82

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	9.98	9.80	9.98	9.51	1.57 times
25 Fri Oct 2024	10.00	10.86	10.86	10.00	0.286 times
18 Fri Oct 2024	11.09	12.05	12.05	11.09	0.654 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	9.98	13.25	13.65	9.51	0.177 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Vardhman Polytex in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 10.33 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.