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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 2024-12-03 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 119756

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	10.96	11.00	11.27	10.90	7.2 times
02 Mon Dec 2024	10.74	10.39	10.74	10.15	2.743 times
29 Fri Nov 2024	10.23	10.56	10.56	10.00	3.569 times
28 Thu Nov 2024	10.07	10.25	10.25	9.81	0.429 times
27 Wed Nov 2024	10.00	9.76	10.10	9.76	0.366 times
26 Tue Nov 2024	9.76	9.94	9.94	9.47	0.409 times
25 Mon Nov 2024	9.47	9.45	9.50	9.30	0.568 times
22 Fri Nov 2024	9.05	9.45	9.49	8.85	0.513 times
21 Thu Nov 2024	9.24	9.70	9.70	9.18	0.478 times
19 Tue Nov 2024	9.54	9.15	9.57	9.15	0.527 times

Stock of Vardhman Polytex (VARDMNPOLY_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.7, but if it comes below 10.7, then a intra day sell could be more profitable.
If you take a sell trade below 10.7, then use 10.7 as stoploss and 10.03 as target. However if you take a buy trade in stock , then use 10.7 as stoploss and 11.4 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	8.85
Downside Target	9.11
Downside Target	9.30
Downside Target	9.51
Downside Target	9.70
Downside Target	10.10
Downside Target	10.56
Upside Target	11.20
Upside Target	11.27
Upside Target	13.62
Upside Target	13.65
Upside Target	89.60
Upside Target	95.80

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Intraday Target	10.32
Downside Intraday Target	9.67
Upside Intraday Target	11.44
Upside Intraday Target	11.91
Downside Intraday Target	10.79

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	10.96	10.39	11.27	10.15	1.862 times
29 Fri Nov 2024	10.23	9.45	10.56	9.30	2.787 times
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

Price has moved up 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
03 Tue Dec 2024	10.96	10.39	11.27	10.15	0.48 times
29 Fri Nov 2024	10.23	10.47	11.20	8.85	1.19 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

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 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 short to mid 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 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 BUY. 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Vardhman Polytex in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 10.49 and Vardhman Polytex (VARDMNPOLY_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.