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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 2024-11-11 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 119338

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	10.21	10.30	10.75	10.02	1.162 times
08 Fri Nov 2024	10.46	11.13	11.20	10.30	1.25 times
07 Thu Nov 2024	10.85	10.22	11.02	10.22	1.921 times
06 Wed Nov 2024	10.50	10.64	10.70	10.10	1.479 times
05 Tue Nov 2024	10.64	10.51	10.90	10.50	0.775 times
04 Mon Nov 2024	10.93	10.99	10.99	10.50	2.068 times
01 Fri Nov 2024	10.47	10.47	10.47	10.47	0.527 times
31 Thu Oct 2024	9.98	9.98	9.98	9.98	0.145 times
30 Wed Oct 2024	9.79	9.51	9.79	9.51	0.775 times
29 Tue Oct 2024	9.60	9.60	9.60	9.60	0.43 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10 as stoploss in an intra day buy trade for a target of 10.56. However, stock will show a bearish move below 10.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	9.51
Downside Target	10.00
Upside Target	10.47
Upside Target	11.09
Upside Target	11.20
Upside Target	12.05
Upside Target	13.62
Upside Target	13.65
Upside Target	76.20
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	9.9
Downside Intraday Target	9.6
Upside Intraday Target	10.63
Upside Intraday Target	11.06
Upside Intraday Target	10.33

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	10.21	10.30	10.75	10.02	0.155 times
08 Fri Nov 2024	10.46	10.99	11.20	10.10	2.988 times
01 Fri Nov 2024	10.47	9.80	10.47	9.51	1.988 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

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
11 Mon Nov 2024	10.21	10.47	11.20	10.02	0.526 times
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

Scroll below to view daily charts

Price has moved up 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 10.52 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 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.