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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 2024-03-12 View latest technical analysis

10 day averaged volume of Vardhman Polytex is 100230

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	84.70	86.35	86.35	84.70	0.998 times
11 Mon Mar 2024	84.70	84.40	84.70	84.25	1.933 times
07 Thu Mar 2024	83.05	81.00	83.10	80.50	1.516 times
06 Wed Mar 2024	79.15	75.40	79.55	75.40	1.903 times
05 Tue Mar 2024	75.80	75.80	75.80	72.40	1.568 times
04 Mon Mar 2024	72.20	69.00	72.20	69.00	1.445 times
02 Sat Mar 2024	68.80	66.00	69.00	66.00	0.615 times
01 Fri Mar 2024	65.95	69.00	69.00	65.10	0.296 times
29 Thu Feb 2024	66.00	67.85	68.60	66.00	0.211 times
28 Wed Feb 2024	66.50	66.60	68.00	64.60	0.328 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 85, for a target of 77.9 or 72.02

Share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Target	52.00
Downside Target	54.70
Downside Target	63.55
Downside Target	69.00
Downside Target	70.40
Downside Target	72.50
Downside Target	72.80
Downside Target	74.00
Downside Target	83.10
Downside Target	84.25
Upside Target	86.35

Intraday share price targets for Vardhman Polytex (VARDMNPOLY_BE)

Target Type	Value
Downside Intraday Target	83.85
Downside Intraday Target	83
Upside Intraday Target	85.95
Upside Intraday Target	87.2
Upside Intraday Target	85.1

Weekly technical analysis of Vardhman Polytex (VARDMNPOLY_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	84.70	84.40	86.35	84.25	0.456 times
07 Thu Mar 2024	83.05	69.00	83.10	69.00	3.673 times
02 Sat Mar 2024	68.80	71.20	71.20	64.60	2.307 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

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 Vardhman Polytex (VARDMNPOLY_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	84.70	69.00	86.35	65.10	1.762 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 up this month, and volume has increased substantially. This means that the move can 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 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 Vardhman Polytex ( (VARDMNPOLY_BE) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Vardhman Polytex 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.

Vardhman Polytex 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 buy signal for Vardhman Polytex in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Vardhman Polytex is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.2 and Vardhman Polytex (VARDMNPOLY_BE) 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 Vardhman Polytex (VARDMNPOLY_BE) stock. Volume based technical analysis of Vardhman Polytex (VARDMNPOLY_BE) stock is negative.

Vardhman Polytex 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.