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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.

Showing technical analysis as on 2024-06-24 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 434125

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	61.92	62.00	62.48	59.96	0.637 times
21 Fri Jun 2024	62.76	58.91	65.00	58.86	5.354 times
20 Thu Jun 2024	59.21	58.21	59.99	58.00	0.448 times
19 Wed Jun 2024	58.21	59.35	60.39	57.79	0.352 times
18 Tue Jun 2024	59.10	58.65	60.00	58.10	0.427 times
14 Fri Jun 2024	58.18	58.04	59.99	57.09	0.737 times
13 Thu Jun 2024	57.57	57.33	59.30	56.11	0.469 times
12 Wed Jun 2024	56.97	55.90	58.40	54.51	1.428 times
11 Tue Jun 2024	54.36	54.28	55.25	53.47	0.388 times
10 Mon Jun 2024	53.33	53.50	55.80	53.00	0.214 times

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 63.4, for a target of 59 or 55.31

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	50.00
Downside Target	53.00
Downside Target	54.15
Downside Target	57.79
Downside Target	59.96
Downside Target	60.80
Upside Target	62.48
Upside Target	62.90
Upside Target	65.00
Upside Target	67.95
Upside Target	73.45

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	60.43
Downside Intraday Target	58.93
Upside Intraday Target	62.95
Upside Intraday Target	63.97
Downside Intraday Target	61.45

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Jun 2024	61.92	62.00	62.48	59.96	0.097 times
21 Fri Jun 2024	62.76	58.65	65.00	57.79	2.034 times
14 Fri Jun 2024	58.18	53.50	59.99	53.00	2.219 times
07 Fri Jun 2024	53.95	54.00	54.35	44.50	1.641 times
31 Fri May 2024	52.45	54.55	55.00	51.75	0.983 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
24 Mon Jun 2024	61.92	54.00	65.00	44.50	2.685 times
31 Fri May 2024	52.45	59.75	60.80	51.75	0.661 times
30 Tue Apr 2024	59.75	50.95	62.90	50.95	0.681 times
28 Thu Mar 2024	50.40	65.45	67.95	50.00	0.293 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 60.4 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 positive

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