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 2024-04-18 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 116272

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	57.35	56.45	58.80	56.25	1.302 times
16 Tue Apr 2024	55.75	55.00	56.60	55.00	0.718 times
15 Mon Apr 2024	55.75	56.00	56.50	54.05	1.465 times
12 Fri Apr 2024	56.80	56.95	57.95	56.60	0.801 times
10 Wed Apr 2024	57.30	57.95	58.25	56.80	0.767 times
09 Tue Apr 2024	57.55	58.25	58.25	57.00	0.477 times
08 Mon Apr 2024	57.75	59.00	59.60	57.60	0.628 times
05 Fri Apr 2024	58.55	59.45	59.80	58.25	0.553 times
04 Thu Apr 2024	59.45	59.60	60.50	58.80	1.286 times
03 Wed Apr 2024	59.60	59.50	59.85	58.80	1.471 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 58.3 as stoploss in an intra day sell trade for a target of 55.35. However, stock will show a bullish move above 58.3.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	50.00
Downside Target	54.05
Downside Target	56.60
Upside Target	58.80
Upside Target	59.60
Upside Target	60.50
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	54.67
Downside Intraday Target	51.98
Upside Intraday Target	59.42
Upside Intraday Target	61.48
Downside Intraday Target	56.73

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	57.35	56.00	58.80	54.05	1.304 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
22 Fri Mar 2024	53.25	52.60	54.80	51.05	0.507 times

Price has moved up 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
18 Thu Apr 2024	57.35	50.95	60.50	50.95	0.404 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sutlej Textiles ( (SUTLEJTEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 Sutlej Textiles stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sutlej Textiles 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.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 57.67 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 negative.

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