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 2024-12-05 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 236948

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	11.26	11.54	11.54	11.12	0.928 times
04 Wed Dec 2024	11.31	11.26	11.38	11.00	1.775 times
03 Tue Dec 2024	10.96	11.00	11.27	10.90	3.639 times
02 Mon Dec 2024	10.74	10.39	10.74	10.15	1.386 times
29 Fri Nov 2024	10.23	10.56	10.56	10.00	1.804 times
28 Thu Nov 2024	10.07	10.25	10.25	9.81	0.217 times
27 Wed Nov 2024	10.00	9.76	10.10	9.76	0.185 times
26 Tue Nov 2024	9.76	9.94	9.94	9.47	0.207 times
25 Mon Nov 2024	9.47	9.45	9.50	9.30	0.287 times
22 Fri Nov 2024	9.05	9.45	9.49	8.85	0.259 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 10.8, but if it comes below 10.8, then a intra day sell could be more profitable.
If you take a sell trade below 10.8, then use 10.8 as stoploss and 10.08 as target. However if you take a buy trade in stock , then use 10.8 as stoploss and 11.6 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
Downside Target	11.20
Upside Target	11.54
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	10.43
Downside Intraday Target	9.59
Upside Intraday Target	11.82
Upside Intraday Target	12.37
Downside Intraday Target	10.98

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	11.26	10.39	11.54	10.15	2.863 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
05 Thu Dec 2024	11.26	10.39	11.54	10.15	0.739 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 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 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Vardhman Polytex in short term and BUY 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 10.75 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.