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(SUTLEJTEX) Sutlej Textiles complete technical analysis [charts+indicators] | Buy/Sell Sutlej Textiles | (SUTLEJTEX) share price targets

Complete technical analysis of Sutlej Textiles (SUTLEJTEX) by charts plus indicators, forecast predictions and share price targets for Sutlej Textiles (SUTLEJTEX)

Sutlej Textiles trades in NSE in Textiles sector.

10 day averaged volume of Sutlej Textiles is 151189

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	59.40	59.75	60.70	59.00	0.448 times
25 Thu Apr 2024	59.75	60.45	60.55	59.35	0.479 times
24 Wed Apr 2024	59.75	62.00	62.90	59.10	1.573 times
23 Tue Apr 2024	61.20	57.75	62.90	57.10	2.936 times
22 Mon Apr 2024	57.70	56.10	58.00	56.10	0.603 times
19 Fri Apr 2024	55.90	56.80	56.80	54.90	0.522 times
18 Thu Apr 2024	57.35	56.45	58.80	56.25	1.001 times
16 Tue Apr 2024	55.75	55.00	56.60	55.00	0.552 times
15 Mon Apr 2024	55.75	56.00	56.50	54.05	1.127 times
12 Fri Apr 2024	56.80	56.95	57.95	56.60	0.616 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60 as stoploss in an intra day sell trade for a target of 57.3. However, stock will show a bullish move above 60.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	50.00
Downside Target	54.05
Downside Target	58.80
Upside Target	59.60
Upside Target	60.50
Upside Target	62.90
Upside Target	67.95
Upside Target	68.30
Upside Target	70.00
Upside Target	73.45

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	56.03
Downside Intraday Target	52.67
Upside Intraday Target	62.83
Upside Intraday Target	66.27
Upside Intraday Target	59.47

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	59.40	56.10	62.90	56.10	1.886 times
19 Fri Apr 2024	55.90	56.00	58.80	54.05	1.558 times
12 Fri Apr 2024	56.80	59.00	59.60	56.60	0.308 times
05 Fri Apr 2024	58.55	50.95	60.50	50.95	1.069 times
28 Thu Mar 2024	50.40	54.05	55.05	50.00	1.277 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 Sutlej Textiles (SUTLEJTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	59.40	50.95	62.90	50.95	0.636 times
28 Thu Mar 2024	50.40	65.45	67.95	50.00	0.293 times
29 Thu Feb 2024	65.20	66.45	73.45	54.15	1.442 times
31 Wed Jan 2024	65.70	58.00	68.30	57.70	0.859 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 Sutlej Textiles (SUTLEJTEX)

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles ( (SUTLEJTEX) ) based on a short to mid 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 Sutlej Textiles ( (SUTLEJTEX) ) 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 Sutlej Textiles stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sutlej Textiles in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sutlej Textiles 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sutlej Textiles in short term but SELL signal is weak.

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 Sutlej Textiles is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.73 and Sutlej Textiles (SUTLEJTEX) 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 Sutlej Textiles (SUTLEJTEX) stock. Volume based technical analysis of Sutlej Textiles (SUTLEJTEX) stock is negative.

Sutlej Textiles 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.