Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 977421

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	65.20	63.70	65.70	63.10	0.3 times
28 Wed Feb 2024	64.40	67.05	67.40	63.10	0.415 times
27 Tue Feb 2024	66.65	67.85	68.95	66.05	0.271 times
26 Mon Feb 2024	67.25	69.40	69.70	66.75	0.328 times
23 Fri Feb 2024	68.90	68.95	70.90	68.50	0.488 times
22 Thu Feb 2024	68.65	68.85	69.90	67.60	0.39 times
21 Wed Feb 2024	68.60	71.40	72.30	68.15	0.61 times
20 Tue Feb 2024	70.60	72.00	72.85	69.60	0.937 times
19 Mon Feb 2024	71.50	69.40	73.45	67.95	3.167 times
16 Fri Feb 2024	68.45	64.05	69.90	62.35	1.963 times

My analysis of stock is bullish for shortterm, and stock might move up till 69.1 or till 74. Use a stoploss of 65.07 and if this stock hits its stoploss, then it can fall down till 61

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	48.50
Downside Target	52.80
Downside Target	54.15
Downside Target	57.30
Downside Target	61.40
Downside Target	63.10
Upside Target	65.80
Upside Target	67.60
Upside Target	69.30
Upside Target	69.70
Upside Target	69.90
Upside Target	70.00
Upside Target	73.45

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	62.3
Downside Intraday Target	59.4
Upside Intraday Target	68.9
Upside Intraday Target	72.6
Upside Intraday Target	66

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	65.20	69.40	69.70	63.10	0.235 times
23 Fri Feb 2024	68.90	69.40	73.45	67.60	1.275 times
16 Fri Feb 2024	68.45	59.50	69.90	54.15	1.522 times
09 Fri Feb 2024	59.05	66.00	69.30	58.15	0.893 times
02 Fri Feb 2024	65.50	61.80	68.30	61.65	3.013 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 Sutlej Textiles (SUTLEJTEX)

Date	Monthly Closing Price	Open	High	Low	Volume
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
29 Fri Dec 2023	58.15	65.00	70.00	57.30	0.995 times
30 Thu Nov 2023	63.35	53.00	65.80	52.80	1.406 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 Sutlej Textiles (SUTLEJTEX)

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sutlej Textiles in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sutlej Textiles in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 69.41 and Sutlej Textiles (SUTLEJTEX) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.