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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 2024-08-27 View latest technical analysis

10 day averaged volume of Sutlej Textiles is 1132628

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	73.94	75.10	77.00	73.55	0.422 times
26 Mon Aug 2024	74.97	74.22	77.30	72.88	1.056 times
23 Fri Aug 2024	74.48	74.19	77.29	74.00	2.738 times
22 Thu Aug 2024	73.35	67.20	74.51	67.07	2.513 times
21 Wed Aug 2024	66.96	66.97	68.30	66.52	0.148 times
20 Tue Aug 2024	67.61	66.60	68.50	65.66	0.372 times
19 Mon Aug 2024	65.78	65.55	66.18	65.33	0.117 times
16 Fri Aug 2024	65.26	66.50	67.14	65.00	0.221 times
14 Wed Aug 2024	66.11	65.50	66.90	64.80	0.434 times
13 Tue Aug 2024	65.03	67.79	67.79	65.00	0.297 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 71.4, but if it comes below 71.4, then a intra day sell could be more profitable.
If you take a sell trade below 71.4, then use 71.4 as stoploss and 67.94 as target. However if you take a buy trade in stock , then use 71.4 as stoploss and 75.6 as target.

Share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Target	44.50
Downside Target	50.95
Downside Target	60.25
Downside Target	65.33
Downside Target	69.00
Downside Target	72.69
Downside Target	72.88
Downside Target	73.00
Upside Target	77.29
Upside Target	77.30

Intraday share price targets for Sutlej Textiles (SUTLEJTEX)

Target Type	Value
Downside Intraday Target	72.11
Downside Intraday Target	70.29
Upside Intraday Target	76.53
Upside Intraday Target	79.13
Upside Intraday Target	74.71

Weekly technical analysis of Sutlej Textiles (SUTLEJTEX)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	73.94	74.22	77.30	72.88	0.251 times
23 Fri Aug 2024	74.48	65.55	77.29	65.33	1.926 times
16 Fri Aug 2024	65.26	64.75	69.00	63.50	0.752 times
09 Fri Aug 2024	65.14	63.80	73.00	61.75	1.603 times
02 Fri Aug 2024	66.64	68.40	72.69	65.50	0.883 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
27 Tue Aug 2024	73.94	70.23	77.30	61.75	1.311 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 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 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 72.59 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.