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(LOYALTEX) Loyal Textile complete technical analysis [charts+indicators] | Buy/Sell Loyal Textile | (LOYALTEX) share price targets

Complete technical analysis of Loyal Textile (LOYALTEX) by charts plus indicators, forecast predictions and share price targets for Loyal Textile (LOYALTEX)

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Loyal Textile is 6239

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	664.25	625.20	679.00	625.20	34.836 times
19 Tue Mar 2024	591.65	495.50	591.65	495.50	8.326 times
18 Mon Mar 2024	493.05	513.65	515.90	492.50	0.531 times
15 Fri Mar 2024	512.10	500.50	523.55	500.50	0.117 times
14 Thu Mar 2024	498.00	494.00	512.15	490.00	0.19 times
13 Wed Mar 2024	496.85	525.50	535.80	484.20	0.152 times
12 Tue Mar 2024	522.85	564.20	581.20	517.20	0.264 times
11 Mon Mar 2024	561.35	596.30	596.60	552.55	0.129 times
07 Thu Mar 2024	595.90	579.50	598.45	579.50	0.038 times
06 Wed Mar 2024	576.75	592.60	592.60	571.05	0.125 times

Stock of Loyal Textile (LOYALTEX) 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 631.9, but if it comes below 631.9, then a intra day sell could be more profitable.
If you take a sell trade below 631.9, then use 631.9 as stoploss and 582.34 as target. However if you take a buy trade in stock , then use 631.9 as stoploss and 691.4 as target.

Share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Target	484.20
Downside Target	571.05
Downside Target	586.00
Downside Target	650.00
Downside Target	652.25
Upside Target	679.00
Upside Target	699.00
Upside Target	701.10
Upside Target	729.00
Upside Target	774.90

Intraday share price targets for Loyal Textile (LOYALTEX)

Target Type	Value
Downside Intraday Target	544.83
Downside Intraday Target	425.42
Upside Intraday Target	731.33
Upside Intraday Target	798.42
Downside Intraday Target	611.92

Weekly technical analysis of Loyal Textile (LOYALTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	664.25	513.65	679.00	492.50	51.309 times
15 Fri Mar 2024	512.10	596.30	596.60	484.20	1.652 times
07 Thu Mar 2024	595.90	618.10	618.10	571.05	1.066 times
02 Sat Mar 2024	615.00	626.70	650.00	600.00	0.686 times
23 Fri Feb 2024	625.00	645.60	652.25	611.60	0.709 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 Loyal Textile (LOYALTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	664.25	617.40	679.00	484.20	12.939 times
29 Thu Feb 2024	618.90	648.95	729.00	600.00	1.288 times
31 Wed Jan 2024	655.50	679.85	701.10	612.00	0.391 times
29 Fri Dec 2023	674.55	639.95	774.90	613.55	2.22 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Loyal Textile (LOYALTEX)

Price action analysis of Loyal Textile ( (LOYALTEX) ) based on a short 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile ( (LOYALTEX) ) based on a short to mid 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 Loyal Textile ( (LOYALTEX) ) 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 Loyal Textile stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Loyal Textile 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.

Loyal Textile 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. 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 Loyal Textile 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 negative zone. This is the SELL zone

Stock of Loyal Textile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 645.59 and Loyal Textile (LOYALTEX) 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 Loyal Textile (LOYALTEX) stock. Volume based technical analysis of Loyal Textile (LOYALTEX) stock is negative.

Loyal Textile 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.