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(VARDMNPOLY_BE) Vardhman Polytex complete technical analysis [charts+indicators] | Buy/Sell Vardhman Polytex | (VARDMNPOLY_BE) share price targets

Complete technical analysis of Vardhman Polytex (VARDMNPOLY_BE) by charts plus indicators, forecast predictions and share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 18322

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	65.95	69.00	69.00	65.10	1.62 times
29 Thu Feb 2024	66.00	67.85	68.60	66.00	1.153 times
28 Wed Feb 2024	66.50	66.60	68.00	64.60	1.795 times
27 Tue Feb 2024	68.00	70.25	70.25	66.00	1.008 times
26 Mon Feb 2024	68.50	71.20	71.20	67.60	0.637 times
23 Fri Feb 2024	69.25	71.45	71.45	68.15	0.637 times
22 Thu Feb 2024	69.75	66.25	71.40	66.25	0.431 times
21 Wed Feb 2024	69.55	69.95	70.95	67.25	1.275 times
20 Tue Feb 2024	70.40	72.00	72.00	66.70	0.671 times
19 Mon Feb 2024	70.00	72.45	72.50	69.70	1.139 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.1, but if it comes above 67.1, then a intra day buy could be more profitable.
If you take a sell trade below 67.1, then use 67.1 as stoploss and 65.1 as target. However if you take a buy trade in stock , then use 67.1 as stoploss and 68.76 as target.

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	52.00
Downside Target	54.70
Downside Target	63.55
Upside Target	69.00
Upside Target	70.40
Upside Target	71.20
Upside Target	72.50
Upside Target	72.80
Upside Target	73.60
Upside Target	74.00

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Intraday Target	63.3
Downside Intraday Target	60.65
Upside Intraday Target	69.9
Upside Intraday Target	73.85
Upside Intraday Target	67.25

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	65.95	71.20	71.20	64.60	1.496 times
23 Fri Feb 2024	69.25	72.45	72.50	66.25	0.597 times
16 Fri Feb 2024	69.60	68.00	72.80	63.55	0.698 times
09 Fri Feb 2024	66.85	71.95	74.00	66.70	0.47 times
02 Fri Feb 2024	70.50	70.00	73.60	65.25	2.067 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 Vardhman Polytex (VARDMNPOLY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	65.95	69.00	69.00	65.10	0.051 times
29 Thu Feb 2024	66.00	70.45	74.00	63.55	0.474 times
31 Wed Jan 2024	70.40	57.85	70.40	55.40	2.229 times
29 Fri Dec 2023	57.00	61.90	64.40	54.70	0.634 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 Vardhman Polytex (VARDMNPOLY_BE)

Price action analysis of Vardhman Polytex ( (VARDMNPOLY_BE) ) 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 Vardhman Polytex ( (VARDMNPOLY_BE) ) based on a short to mid 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 Vardhman Polytex ( (VARDMNPOLY_BE) ) 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 Vardhman Polytex stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Vardhman Polytex in short term but the sell signal is initial and weak.

Vardhman Polytex 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 Vardhman Polytex in short term and SELL signal is strong!

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 Vardhman Polytex is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 67.94 and Vardhman Polytex (VARDMNPOLY_BE) 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 Vardhman Polytex (VARDMNPOLY_BE) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY_BE) stock is negative.

Vardhman Polytex 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.