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Stock analysis Vardhman Acrylics Limited VARDHACRLC

More indepth analysis on MunafaSutra.com

Moving Averages for Vardhman Acrylics Limited

  • 5Day Average: 57.47
  • 12Day Average: 56.84
  • 20Day Average: 56.82
  • 50Day Average: 59.27
  • 100Day Average: 61.32
  • 150Day Average: 59.21
  • 200Day Average: 57.93

VARDHACRLC Indicators & signals

Indicator MACD (12,26,9)

57.01, 57.19, -0.51
Indicator MACD is in negative zone

Indicator ADX (14)

5.75, 19.9, 22.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of VARDHACRLC Vardhman Acrylics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 57.15 56.85 to 57.85 -0.35% 0.75 times
29 Mon Apr 2024 57.35 56.50 to 58.70 -0.43% 0.85 times
26 Fri Apr 2024 57.60 57.40 to 58.50 -0.17% 0.44 times
25 Thu Apr 2024 57.70 57.30 to 58.00 0.26% 0.48 times
24 Wed Apr 2024 57.55 56.70 to 58.65 -0.86% 0.94 times
23 Tue Apr 2024 58.05 55.70 to 58.40 3.38% 1.6 times
22 Mon Apr 2024 56.15 55.55 to 56.95 1.35% 0.87 times
19 Fri Apr 2024 55.40 54.60 to 56.10 -1.25% 0.92 times
18 Thu Apr 2024 56.10 56.10 to 57.30 -1.32% 1.35 times
16 Tue Apr 2024 56.85 55.05 to 57.50 3.08% 1.04 times
15 Mon Apr 2024 55.15 54.00 to 55.95 -3.33% 1.5 times
12 Fri Apr 2024 57.05 56.70 to 58.35 -2.23% 2.11 times

Technical analysis forecast of Vardhman Acrylics Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Vardhman Acrylics Limited VARDHACRLC at this time. Stock is rising and might rise more.

It appears as if Vardhman Acrylics Limited VARDHACRLC gave a large move recently.

Stock of Vardhman Acrylics Limited (VARDHACRLC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Vardhman Acrylics Limited is bullish for shortterm, and stock might move up till 57.9 or till 58.9. Use a stoploss of 56.98 and if this stock hits its stoploss, then it can fall down till 56.1

More indepth analysis on MunafaSutra.com