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(REFEX) Refex Industries complete technical analysis [charts+indicators] | Buy/Sell Refex Industries | (REFEX) share price targets

Complete technical analysis of Refex Industries (REFEX) by charts plus indicators, forecast predictions and share price targets for Refex Industries (REFEX)

Refex Industries trades in NSE in Industrial Gases sector.

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Refex Industries is 76712

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	607.20	617.00	617.00	605.00	0.873 times
22 Thu Feb 2024	611.10	604.95	613.00	601.00	0.711 times
21 Wed Feb 2024	602.25	608.25	618.95	600.05	0.572 times
20 Tue Feb 2024	608.25	611.90	616.95	601.55	0.565 times
19 Mon Feb 2024	604.20	610.15	619.00	601.10	0.554 times
16 Fri Feb 2024	609.50	620.00	626.80	602.50	0.975 times
15 Thu Feb 2024	613.70	598.00	613.70	581.10	1.354 times
14 Wed Feb 2024	584.50	550.10	584.50	550.05	0.887 times
13 Tue Feb 2024	556.70	569.95	580.00	553.10	2.476 times
12 Mon Feb 2024	582.20	584.00	599.00	582.20	1.428 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 592.6 as stoploss in an intra day buy trade for a target of 635.67. However, stock will show a bearish move below 592.6.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	512.10
Downside Target	550.05
Downside Target	579.30
Downside Target	600.05
Upside Target	650.00
Upside Target	677.55
Upside Target	678.20
Upside Target	692.50
Upside Target	702.80
Upside Target	721.10
Upside Target	731.50
Upside Target	753.95

Intraday share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Intraday Target	598.5
Downside Intraday Target	589.8
Upside Intraday Target	617.45
Upside Intraday Target	627.7
Upside Intraday Target	608.75

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	607.20	610.15	619.00	600.05	0.46 times
16 Fri Feb 2024	609.50	584.00	626.80	550.05	1.734 times
09 Fri Feb 2024	612.80	690.00	692.50	612.80	0.953 times
02 Fri Feb 2024	680.70	711.00	721.10	678.20	0.589 times
25 Thu Jan 2024	709.05	685.00	753.95	677.55	1.575 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 Refex Industries (REFEX)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	607.20	695.05	702.80	550.05	0.515 times
31 Wed Jan 2024	694.35	610.00	753.95	602.00	1.617 times
29 Fri Dec 2023	601.60	530.95	650.00	521.00	0.878 times
30 Thu Nov 2023	529.85	568.90	579.30	512.10	0.682 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 Refex Industries (REFEX)

Price action analysis of Refex Industries ( (REFEX) ) 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 Refex Industries ( (REFEX) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Refex Industries ( (REFEX) ) 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 Refex Industries ( (REFEX) ) 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 Refex Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Refex Industries 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.

Refex Industries 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Refex Industries 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 Refex Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 590.75 and Refex Industries (REFEX) 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 Refex Industries (REFEX) stock. Volume based technical analysis of Refex Industries (REFEX) stock is negative.

Refex Industries 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.