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Technicals for Vardhman Textiles Limited
By MusingTheNews
2025-04-25 21:00
Overall Technical outlook
Price Summary
The stock of VTL dived -4.97% today, reflecting a lacklustre market performance. Vardhman Textiles Limited's stock opened at 489.0 on 2025-04-25, surged to 492.15, dropped to 461.25, and ended -4.97% lower at 464.7, with 340643 shares traded. The stock's highest price in the past 52 weeks is 568.45, while its lowest price during the same period is 364.45. As per recommendations from 5 analysts, VTL's future price is expected to span between 393.0 and 588.0, with a mean price around 523.0.
Technicals
Support and Resistance: The price for VTL at 464.7 is supported by the 458.1 level and faces resistance at 478.15. This range indicates key levels where the price may find buyers near 458.1 and sellers near 478.15, defining a trading range. Support/Resistance for VTL
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Vardhman Textiles Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for VTL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Vardhman Textiles Limited
Parabolic SAR: The PSAR has just moved from a bullish to a bearish stance, suggesting a potential trend reversal. This shift could be a very bearish signal if supported by other market indicators. Traders should be on the lookout for additional signs of a broader downward trend. Parabolic Stop and Reverse chart for Vardhman Textiles Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Vardhman Textiles Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Vardhman Textiles Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Tripple SMA chart for Vardhman Textiles Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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