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(FILATEX) Filatex India complete technical analysis [charts+indicators] | Buy/Sell Filatex India | (FILATEX) share price targets

Complete technical analysis of Filatex India (FILATEX) by charts plus indicators, forecast predictions and share price targets for Filatex India (FILATEX)

Filatex India trades in NSE in Textiles sector.

Showing technical analysis as on 2024-06-03 View latest technical analysis

10 day averaged volume of Filatex India is 634813

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	54.25	56.00	56.00	52.85	2.12 times
31 Fri May 2024	52.90	53.75	53.75	52.40	0.764 times
30 Thu May 2024	53.25	54.45	54.45	53.10	0.645 times
29 Wed May 2024	54.00	54.15	54.75	53.80	0.664 times
28 Tue May 2024	54.55	55.90	56.30	54.30	0.868 times
27 Mon May 2024	55.90	55.15	56.60	54.70	1.208 times
24 Fri May 2024	55.10	55.10	55.80	55.00	0.736 times
23 Thu May 2024	55.65	55.90	56.30	55.50	1.19 times
22 Wed May 2024	55.90	56.40	57.40	55.40	1.811 times
21 Tue May 2024	56.25	56.60	56.90	55.45	1.58 times

Stock of Filatex India (FILATEX) has showed a significant upmove. This could be a good time to enter in 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 54.3, but if it comes above 54.3, then a intra day buy could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 52.7 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 55.57 as target.

Share price targets for Filatex India (FILATEX)

Target Type	Value
Downside Target	49.70
Downside Target	52.40
Upside Target	54.35
Upside Target	57.40
Upside Target	58.50
Upside Target	58.65
Upside Target	61.50
Upside Target	64.20
Upside Target	66.90
Upside Target	74.30
Upside Target	78.00

Intraday share price targets for Filatex India (FILATEX)

Target Type	Value
Downside Intraday Target	52.73
Downside Intraday Target	51.22
Upside Intraday Target	55.88
Upside Intraday Target	57.52
Upside Intraday Target	54.37

Weekly technical analysis of Filatex India (FILATEX)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	54.25	56.00	56.00	52.85	0.511 times
31 Fri May 2024	52.90	55.15	56.60	52.40	0.78 times
24 Fri May 2024	55.10	56.60	57.40	55.00	0.57 times
18 Sat May 2024	56.60	56.90	58.65	54.35	1.004 times
10 Fri May 2024	56.55	61.25	61.50	54.80	0.682 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 Filatex India (FILATEX)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	54.25	56.00	56.00	52.85	0.065 times
31 Fri May 2024	52.90	63.45	64.20	52.40	0.406 times
30 Tue Apr 2024	63.60	59.00	66.90	56.00	0.852 times
28 Thu Mar 2024	58.55	73.00	74.30	49.70	0.429 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 Filatex India (FILATEX)

Price action analysis of Filatex India ( (FILATEX) ) 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 Filatex India ( (FILATEX) ) 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 Filatex India ( (FILATEX) ) 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 Filatex India ( (FILATEX) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Filatex India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Filatex India 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.

Filatex India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a buy signal for Filatex India in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Filatex India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.01 and Filatex India (FILATEX) 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 Filatex India (FILATEX) stock. Volume based technical analysis of Filatex India (FILATEX) stock is negative.

Filatex India 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.