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(VELS_SM) Vels Film complete technical analysis [charts+indicators] | Buy/Sell Vels Film | (VELS_SM) share price targets

Complete technical analysis of Vels Film (VELS_SM) by charts plus indicators, forecast predictions and share price targets for Vels Film (VELS_SM)

10 day averaged volume of Vels Film is 12480

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	98.50	103.45	106.00	98.50	0.577 times
30 Thu Nov 2023	103.45	100.00	103.45	99.00	0.288 times
29 Wed Nov 2023	100.00	100.00	100.00	100.00	0.288 times
28 Tue Nov 2023	99.80	104.50	104.50	99.80	0.385 times
23 Thu Nov 2023	103.50	99.50	104.50	98.50	0.481 times
22 Wed Nov 2023	97.50	97.50	97.50	97.50	0.192 times
21 Tue Nov 2023	99.80	98.50	99.80	98.50	0.192 times
20 Mon Nov 2023	98.20	101.00	101.00	98.20	0.673 times
17 Fri Nov 2023	101.00	100.00	102.00	100.00	0.481 times
16 Thu Nov 2023	100.00	101.00	102.45	100.00	2.019 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 99, but if it comes above 99, then a intra day buy could be more profitable.
If you take a sell trade below 99, then use 99 as stoploss and 90.4 as target. However if you take a buy trade in stock , then use 99 as stoploss and 106.18 as target.

Share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Target	86.55
Downside Target	96.80
Upside Target	104.50
Upside Target	110.10
Upside Target	115.35
Upside Target	117.95
Upside Target	121.85
Upside Target	133.20
Upside Target	162.00
Upside Target	163.95

Intraday share price targets for Vels Film (VELS_SM)

Target Type	Value
Downside Intraday Target	96
Downside Intraday Target	93.5
Upside Intraday Target	103.5
Upside Intraday Target	108.5
Upside Intraday Target	101

Weekly technical analysis of Vels Film (VELS_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	98.50	104.50	106.00	98.50	1 times
23 Thu Nov 2023	103.50	101.00	104.50	97.50	0.186 times
17 Fri Nov 2023	101.00	110.10	110.10	96.80	6.143 times
10 Fri Nov 2023	113.50	115.35	117.95	107.75	1.273 times
03 Fri Nov 2023	115.35	120.95	121.85	115.35	0.478 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 Vels Film (VELS_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Dec 2023	98.50	103.45	106.00	98.50	0.045 times
30 Thu Nov 2023	103.45	115.80	121.85	96.80	1.255 times
31 Tue Oct 2023	118.30	110.10	133.20	109.10	0.299 times
28 Thu Sep 2023	115.00	152.00	162.00	109.00	0.281 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 Vels Film (VELS_SM)

Price action analysis of Vels Film ( (VELS_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Vels Film ( (VELS_SM) ) 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 Vels Film ( (VELS_SM) ) 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 Vels Film ( (VELS_SM) ) 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 Vels Film stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Vels Film in short term but the buy signal is initial and weak.

Vels Film 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. 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 Vels Film in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Vels Film is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.09 and Vels Film (VELS_SM) 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 Vels Film (VELS_SM) stock. Volume based technical analysis of Vels Film (VELS_SM) stock is negative.

Vels Film 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.