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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 2024-11-22 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 137555

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	9.05	9.45	9.49	8.85	0.447 times
21 Thu Nov 2024	9.24	9.70	9.70	9.18	0.416 times
19 Tue Nov 2024	9.54	9.15	9.57	9.15	0.459 times
18 Mon Nov 2024	9.12	9.12	9.30	8.91	0.347 times
14 Thu Nov 2024	9.16	9.59	9.59	9.11	1.467 times
13 Wed Nov 2024	9.59	9.97	10.10	9.50	1.367 times
12 Tue Nov 2024	10.00	10.20	10.29	9.69	0.903 times
11 Mon Nov 2024	10.21	10.30	10.75	10.02	1.008 times
08 Fri Nov 2024	10.46	11.13	11.20	10.30	1.084 times
07 Thu Nov 2024	10.85	10.22	11.02	10.22	1.666 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.4, but if it comes above 9.4, then a intra day buy could be more profitable.
If you take a sell trade below 9.4, then use 9.4 as stoploss and 8.7 as target. However if you take a buy trade in stock , then use 9.4 as stoploss and 9.96 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	8.85
Upside Target	9.11
Upside Target	9.51
Upside Target	9.70
Upside Target	10.00
Upside Target	10.47
Upside Target	11.20
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	8.7
Downside Intraday Target	8.35
Upside Intraday Target	9.55
Upside Intraday Target	10.05
Upside Intraday Target	9.2

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	9.05	9.12	9.70	8.85	0.352 times
14 Thu Nov 2024	9.16	10.30	10.75	9.11	0.73 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

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
22 Fri Nov 2024	9.05	10.47	11.20	8.85	0.883 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 mid to longer 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.

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 BUY signal in short term and the buying is gaining 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 9.9 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.