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Stock analysis Vardhman Polytex Limited VARDMNPOLY

More indepth analysis on MunafaSutra.com

Moving Averages for Vardhman Polytex Limited

  • 5Day Average: 12.82
  • 12Day Average: 12.88
  • 20Day Average: 12.62
  • 50Day Average: 10.93
  • 100Day Average: 15.83
  • 150Day Average: 21.84
  • 200Day Average: 21.21

VARDMNPOLY Indicators & signals

Indicator MACD (12,26,9)

12.73, 12.25, 0.58
Indicator MACD is in positive zone

Indicator ADX (14)

15.15, 24.36, 17.95
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
27 Fri Dec 2024 12.40 12.34 to 12.95 -2.82% 0.4 times
26 Thu Dec 2024 12.76 12.60 to 13.15 0% 0.12 times
24 Tue Dec 2024 12.76 12.51 to 13.11 -0.08% 0.45 times
23 Mon Dec 2024 12.77 12.73 to 14.04 -4.77% 0.91 times
20 Fri Dec 2024 13.41 13.15 to 14.29 -1.47% 1.19 times
19 Thu Dec 2024 13.61 13.00 to 13.61 4.93% 1.25 times
18 Wed Dec 2024 12.97 12.71 to 13.74 0% 1.16 times
18 Wed Dec 2024 12.97 12.71 to 13.74 -2.63% 1.16 times
17 Tue Dec 2024 13.32 13.21 to 13.63 2.54% 1.42 times
16 Mon Dec 2024 12.99 12.61 to 12.99 4.93% 1.71 times
13 Fri Dec 2024 12.38 11.92 to 12.60 1.73% 0.65 times
12 Thu Dec 2024 12.17 12.11 to 12.80 -2.48% 0.39 times

Technical analysis forecast for Vardhman Polytex Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Vardhman Polytex Limited VARDMNPOLY at this time. Stock is falling and might fall more.

It appears as if Vardhman Polytex Limited VARDMNPOLY gave a large move recently.

Stock of Vardhman Polytex Limited (VARDMNPOLY) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Vardhman Polytex Limited is bearish for shortterm, and stock might move down till 11.9 or till 11.3. Use a stoploss of 12.45 and if the stock hits stoploss, then it can shoot up till 12.97

More indepth analysis on MunafaSutra.com