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 2024-03-04 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 395538

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	64.50	65.45	66.75	64.30	0.357 times
02 Sat Mar 2024	66.10	66.85	67.95	65.55	0.071 times
01 Fri Mar 2024	66.15	65.45	67.00	65.10	0.691 times
29 Thu Feb 2024	65.20	63.70	65.70	63.10	0.743 times
28 Wed Feb 2024	64.40	67.05	67.40	63.10	1.025 times
27 Tue Feb 2024	66.65	67.85	68.95	66.05	0.669 times
26 Mon Feb 2024	67.25	69.40	69.70	66.75	0.81 times
23 Fri Feb 2024	68.90	68.95	70.90	68.50	1.206 times
22 Thu Feb 2024	68.65	68.85	69.90	67.60	0.963 times
21 Wed Feb 2024	68.60	71.40	72.30	68.15	1.507 times

My analysis of stock is bearish for shortterm, and stock might move down till 61 or till 56.1. Use a stoploss of 65.08 and if the stock hits stoploss, then it can shoot up till 69.15

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	52.80
Downside Target	54.15
Downside Target	57.30
Downside Target	63.10
Upside Target	65.80
Upside Target	68.30
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	63.62
Downside Intraday Target	62.73
Upside Intraday Target	66.07
Upside Intraday Target	67.63
Upside Intraday Target	65.18

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	64.50	65.45	66.75	64.30	0.089 times
02 Sat Mar 2024	66.10	69.40	69.70	63.10	0.29 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

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
04 Mon Mar 2024	64.50	65.45	67.95	64.30	0.03 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
29 Fri Dec 2023	58.15	65.00	70.00	57.30	0.995 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) based on a mid to longer 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.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

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

Stock of Sutlej Textiles is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.09 and Sutlej Textiles (SUTLEJTEX) 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 Sutlej Textiles (SUTLEJTEX) stock. Volume based technical analysis of Sutlej Textiles (SUTLEJTEX) stock is negative.

Sutlej Textiles Stock has given negative 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.