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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 2024-04-02 View latest technical analysis

10 day averaged volume of Refex Industries is 311924

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	142.10	137.25	144.45	137.25	1.042 times
01 Mon Apr 2024	140.50	137.85	140.90	136.05	1.366 times
28 Thu Mar 2024	134.20	130.00	138.50	130.00	1.389 times
27 Wed Mar 2024	133.25	140.25	141.55	133.25	1.393 times
26 Tue Mar 2024	140.25	145.30	148.70	138.50	2.79 times
22 Fri Mar 2024	145.75	139.70	145.75	138.35	1.36 times
21 Thu Mar 2024	694.30	666.00	695.80	663.20	0.594 times
20 Wed Mar 2024	663.20	687.00	687.00	656.00	0.214 times
19 Tue Mar 2024	676.75	690.00	695.90	671.05	0.35 times
18 Mon Mar 2024	672.95	649.95	672.95	645.80	0.365 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 263.8, but if it comes above 263.8, then a intra day buy could be more profitable.
If you take a sell trade below 263.8, then use 263.8 as stoploss and -21.2 as target. However if you take a buy trade in stock , then use 263.8 as stoploss and 501.23 as target.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	130.00
Downside Target	136.05
Upside Target	144.45
Upside Target	148.70
Upside Target	521.00
Upside Target	550.05
Upside Target	600.15
Upside Target	622.40
Upside Target	650.00
Upside Target	682.00
Upside Target	684.85
Upside Target	695.90
Upside Target	702.80
Upside Target	753.95

Intraday share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Intraday Target	137.28
Downside Intraday Target	132.47
Upside Intraday Target	145.68
Upside Intraday Target	149.27
Downside Intraday Target	140.87

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	142.10	137.85	144.45	136.05	0.432 times
28 Thu Mar 2024	134.20	145.30	148.70	130.00	1.933 times
22 Fri Mar 2024	145.75	649.95	695.90	138.35	1.986 times
15 Fri Mar 2024	640.95	676.00	682.00	600.15	1.431 times
07 Thu Mar 2024	659.55	684.85	684.85	622.40	0.658 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 Refex Industries (REFEX)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	142.10	137.85	144.45	136.05	0.213 times
28 Thu Mar 2024	134.20	653.00	695.90	130.00	2.248 times
29 Thu Feb 2024	647.10	695.05	702.80	550.05	0.665 times
31 Wed Jan 2024	694.35	610.00	753.95	602.00	1.617 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 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 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Refex Industries in short term and the sell signal is strong.

Refex Industries 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 Refex Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Refex Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 215.22 and Refex Industries (REFEX) 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 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.