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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 2024-04-15 View latest technical analysis

10 day averaged volume of Refex Industries is 359493

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	134.60	132.10	138.65	132.10	1.595 times
12 Fri Apr 2024	139.05	141.45	141.65	137.50	0.704 times
10 Wed Apr 2024	140.25	140.05	143.00	137.25	0.815 times
09 Tue Apr 2024	139.65	146.00	146.00	138.00	1.033 times
08 Mon Apr 2024	142.20	144.20	147.00	141.00	1.163 times
05 Fri Apr 2024	143.85	141.50	145.40	140.30	0.629 times
04 Thu Apr 2024	144.20	143.80	149.90	141.50	1.525 times
03 Wed Apr 2024	142.80	144.70	144.70	140.90	0.835 times
02 Tue Apr 2024	142.10	137.25	144.45	137.25	0.904 times
01 Mon Apr 2024	140.50	137.85	140.90	136.05	1.185 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 57 as stoploss in an intra day buy trade for a target of 297.32. However, stock will show a bearish move below 57.

Share price targets for Refex Industries (REFEX)

Target Type	Value
Downside Target	130.00
Upside Target	136.05
Upside Target	147.00
Upside Target	521.00
Upside Target	550.05
Upside Target	602.00
Upside Target	650.00
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	131.58
Downside Intraday Target	128.57
Upside Intraday Target	138.13
Upside Intraday Target	141.67
Upside Intraday Target	135.12

Weekly technical analysis of Refex Industries (REFEX)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	134.60	132.10	138.65	132.10	0.429 times
12 Fri Apr 2024	139.05	144.20	147.00	137.25	0.731 times
05 Fri Apr 2024	143.85	137.85	149.90	136.05	1.05 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

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
15 Mon Apr 2024	134.60	137.85	149.90	132.10	1.057 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 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 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 Strong and stock is gaining 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. Bears 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 SELL signal for Refex Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 140.65 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 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.