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(VIKASECO_BE) Vikas Ecotech complete technical analysis [charts+indicators] | Buy/Sell Vikas Ecotech | (VIKASECO_BE) share price targets

Complete technical analysis of Vikas Ecotech (VIKASECO_BE) by charts plus indicators, forecast predictions and share price targets for Vikas Ecotech (VIKASECO_BE)

Showing technical analysis as on 2023-12-12 View latest technical analysis

10 day averaged volume of Vikas Ecotech is 10078157

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	3.35	3.40	3.45	3.25	2.214 times
11 Mon Dec 2023	3.35	3.35	3.45	3.25	1.864 times
08 Fri Dec 2023	3.30	3.30	3.40	3.20	1.493 times
07 Thu Dec 2023	3.30	3.40	3.40	3.25	1.227 times
06 Wed Dec 2023	3.35	3.45	3.45	3.30	0.983 times
05 Tue Dec 2023	3.40	3.50	3.50	3.40	0.467 times
04 Mon Dec 2023	3.45	3.45	3.50	3.40	0.799 times
01 Fri Dec 2023	3.45	3.45	3.45	3.40	0.321 times
30 Thu Nov 2023	3.45	3.50	3.50	3.40	0.288 times
29 Wed Nov 2023	3.45	3.50	3.55	3.40	1.166 times

Stock of Vikas Ecotech (VIKASECO_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.4, but if it comes above 3.4, then a intra day buy could be more profitable.
If you take a sell trade below 3.4, then use 3.4 as stoploss and 3.2 as target. However if you take a buy trade in stock , then use 3.4 as stoploss and 3.49 as target.

Share price targets for Vikas Ecotech (VIKASECO_BE)

Target Type	Value
Downside Target	3.15
Downside Target	3.35
Upside Target	3.55
Upside Target	3.65
Upside Target	3.70
Upside Target	3.75
Upside Target	3.85
Upside Target	4.50
Upside Target	4.85
Upside Target	6.30

Intraday share price targets for Vikas Ecotech (VIKASECO_BE)

Target Type	Value
Downside Intraday Target	3.25
Downside Intraday Target	3.15
Upside Intraday Target	3.45
Upside Intraday Target	3.55
Downside Intraday Target	3.35

Weekly technical analysis of Vikas Ecotech (VIKASECO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	3.35	3.35	3.45	3.25	0.821 times
08 Fri Dec 2023	3.30	3.45	3.50	3.20	1.568 times
01 Fri Dec 2023	3.45	3.50	3.55	3.40	0.569 times
24 Fri Nov 2023	3.50	3.65	3.70	3.50	2.652 times
17 Fri Nov 2023	3.65	3.65	3.70	3.55	1.136 times

Price has moved up 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 Vikas Ecotech (VIKASECO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	3.35	3.45	3.50	3.20	0.671 times
30 Thu Nov 2023	3.45	3.40	3.75	3.35	1.098 times
31 Tue Oct 2023	3.35	3.75	3.85	3.15	1.287 times
29 Fri Sep 2023	3.70	4.50	4.50	3.65	0.69 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 Vikas Ecotech (VIKASECO_BE)

Price action analysis of Vikas Ecotech ( (VIKASECO_BE) ) 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 Vikas Ecotech ( (VIKASECO_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 Vikas Ecotech ( (VIKASECO_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 Vikas Ecotech ( (VIKASECO_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 Vikas Ecotech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Vikas Ecotech in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Vikas Ecotech 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 weakening, and bulls 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 Vikas Ecotech in short term

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 Vikas Ecotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3.36 and Vikas Ecotech (VIKASECO_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 Vikas Ecotech (VIKASECO_BE) stock. Volume based technical analysis of Vikas Ecotech (VIKASECO_BE) stock is negative.

Vikas Ecotech Stock has given negative 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.