(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.
10 day averaged volume of Refex Industries is 49843
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 570.05 | 545.95 | 570.05 | 544.80 | 2.386 times |
| 06 Wed Dec 2023 | 542.95 | 544.85 | 553.00 | 521.00 | 1.731 times |
| 05 Tue Dec 2023 | 538.55 | 545.00 | 547.00 | 532.80 | 1.289 times |
| 04 Mon Dec 2023 | 540.05 | 545.95 | 556.00 | 538.05 | 1.168 times |
| 01 Fri Dec 2023 | 535.15 | 530.95 | 538.95 | 530.95 | 0.735 times |
| 30 Thu Nov 2023 | 529.85 | 536.00 | 538.00 | 528.50 | 0.837 times |
| 29 Wed Nov 2023 | 535.15 | 541.05 | 544.10 | 533.95 | 0.654 times |
| 28 Tue Nov 2023 | 539.15 | 531.00 | 542.95 | 531.00 | 0.969 times |
| 24 Fri Nov 2023 | 534.45 | 539.00 | 543.45 | 532.60 | 0.8 times |
| 23 Thu Nov 2023 | 534.45 | 546.00 | 546.30 | 533.70 | 1.199 times |
Stock of Refex Industries (REFEX) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 575.5, for a target of 560.4 or 547.8
Share price targets for Refex Industries (REFEX)
| Target Type | Value |
| Downside Target | 512.10 |
| Downside Target | 544.10 |
| Downside Target | 566.50 |
| Upside Target | 575.00 |
| Upside Target | 579.30 |
| Upside Target | 603.45 |
| Upside Target | 605.45 |
| Upside Target | 713.00 |
| Upside Target | 731.50 |
| Upside Target | 924.00 |
Intraday share price targets for Refex Industries (REFEX)
| Target Type | Value |
| Downside Intraday Target | 537.35 |
| Downside Intraday Target | 504.65 |
| Upside Intraday Target | 586.4 |
| Upside Intraday Target | 602.75 |
| Downside Intraday Target | 553.7 |
Weekly technical analysis of Refex Industries (REFEX)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 570.05 | 545.95 | 570.05 | 521.00 | 2.057 times |
| 01 Fri Dec 2023 | 535.15 | 531.00 | 544.10 | 528.50 | 0.531 times |
| 24 Fri Nov 2023 | 534.45 | 561.85 | 566.50 | 532.60 | 1.078 times |
| 17 Fri Nov 2023 | 561.85 | 572.70 | 579.30 | 551.05 | 0.548 times |
| 10 Fri Nov 2023 | 568.45 | 538.95 | 575.00 | 523.10 | 0.56 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 Refex Industries (REFEX)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Dec 2023 | 570.05 | 530.95 | 570.05 | 521.00 | 0.219 times |
| 30 Thu Nov 2023 | 529.85 | 568.90 | 579.30 | 512.10 | 0.682 times |
| 31 Tue Oct 2023 | 555.30 | 641.95 | 731.50 | 550.25 | 1.517 times |
| 29 Fri Sep 2023 | 636.25 | 678.20 | 713.00 | 603.45 | 0.241 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 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 Refex Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Refex Industries 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.
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 in or above the red cloud Prices appear to be moving up
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
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 544.07 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 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.
Price action analysis of Refex Industries ( (REFEX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
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 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 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 Refex Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Refex Industries 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.
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 in or above the red cloud Prices appear to be moving up
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
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 544.07 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 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.
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