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Stock analysis Vardhman Textiles Limited VTL

More indepth analysis on MunafaSutra.com

Moving Averages for Vardhman Textiles Limited

  • 5Day Average: 469.56
  • 12Day Average: 465.8
  • 20Day Average: 467.67
  • 50Day Average: 483.06
  • 100Day Average: 494.86
  • 150Day Average: 479.52
  • 200Day Average: 464.9

VTL Indicators & signals

Indicator MACD (12,26,9)

468.21, 473.37, -6.35
Indicator MACD is in negative zone

Indicator ADX (14)

3.44, 16.62, 17.81
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
21 Mon Oct 2024 457.20 455.10 to 476.65 -4.08% 0.72 times
18 Fri Oct 2024 476.65 457.35 to 479.80 1.95% 0.9 times
17 Thu Oct 2024 467.55 466.00 to 484.40 -3.49% 1.15 times
16 Wed Oct 2024 484.45 460.75 to 490.50 4.87% 2.3 times
15 Tue Oct 2024 461.95 460.00 to 464.40 0.3% 0.52 times
14 Mon Oct 2024 460.55 460.00 to 471.35 -1.82% 0.47 times
11 Fri Oct 2024 469.10 466.00 to 471.25 0.39% 0.76 times
10 Thu Oct 2024 467.30 465.00 to 472.95 -0.36% 0.47 times
09 Wed Oct 2024 469.00 464.10 to 470.00 1.25% 0.57 times
08 Tue Oct 2024 463.20 442.00 to 465.00 4.3% 1.75 times
07 Mon Oct 2024 444.10 442.05 to 470.50 -5.22% 1.12 times
04 Fri Oct 2024 468.55 461.55 to 471.00 0.42% 0.91 times

Technical analysis forecast for Vardhman Textiles 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 Textiles Limited VTL at this time. Stock is falling and might fall more.

It appears as if Vardhman Textiles Limited VTL gave a large move recently.

Stock of Vardhman Textiles Limited (VTL) 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 Textiles Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Vardhman Textiles Limited stays below 462.9, but if it comes above 462.9, then a intra day buy could be more profitable.
If you take a sell trade below 462.9, then use 462.9 as stoploss and 453.2 as target. However if you take a buy trade in Vardhman Textiles Limited, then use 462.9 as stoploss and 470.91 as target.

More indepth analysis on MunafaSutra.com