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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 2024-08-08 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 855523

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	64.22	66.13	69.52	63.04	0.713 times
07 Wed Aug 2024	66.36	66.15	68.50	65.62	0.597 times
06 Tue Aug 2024	65.56	63.90	73.00	63.49	3.144 times
05 Mon Aug 2024	62.73	63.80	65.69	61.75	0.504 times
02 Fri Aug 2024	66.64	66.90	68.79	65.50	0.343 times
01 Thu Aug 2024	67.91	70.23	70.73	67.52	0.455 times
31 Wed Jul 2024	69.69	69.50	72.69	69.05	1.492 times
30 Tue Jul 2024	69.17	67.50	70.50	66.99	0.59 times
29 Mon Jul 2024	67.29	68.40	69.78	66.81	0.477 times
26 Fri Jul 2024	67.84	67.34	71.40	67.33	1.761 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.7 as stoploss in an intra day buy trade for a target of 65.83. However, stock will show a bearish move below 63.7.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	50.95
Downside Target	60.25
Upside Target	64.95
Upside Target	65.50
Upside Target	66.80
Upside Target	69.77
Upside Target	71.40
Upside Target	72.69
Upside Target	73.00

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	59.65
Downside Intraday Target	55.07
Upside Intraday Target	70.9
Upside Intraday Target	77.57
Upside Intraday Target	66.32

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	64.22	63.80	73.00	61.75	1.477 times
02 Fri Aug 2024	66.64	68.40	72.69	65.50	0.883 times
26 Fri Jul 2024	67.84	65.20	71.40	60.25	0.612 times
19 Fri Jul 2024	65.25	63.30	69.77	62.16	5.793 times
12 Fri Jul 2024	62.71	64.18	64.95	61.00	0.671 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
08 Thu Aug 2024	64.22	70.23	73.00	61.75	0.378 times
31 Wed Jul 2024	69.69	64.50	72.69	60.25	1.582 times
28 Fri Jun 2024	64.29	54.00	66.80	44.50	4.281 times
31 Fri May 2024	52.45	59.75	60.80	51.75	0.661 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 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 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 BUY. 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 weakening, and bulls are picking up momentum!

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

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 66.82 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.