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Technicals for Vardhman Textiles Limited
By MusingTheNews
2025-07-16 20:59
Overall Technical outlook
Price Summary
Vardhman Textiles Limited's stock opened at 503.95 on 2025-07-16, surged to 505.85, hit a low of 499.0, and closed up -0.76% at 500.1, with 111153 shares traded. Over the course of 52 weeks, the stock peaked at 568.45 and hit a low of 364.45. 5 analysts predict that the future price of VTL will be in the range of 394.0 to 588.0, with a mean expected price of about 521.8.
Technicals
Support and Resistance: The price for VTL is 500.1, with support at 478.15 and resistance at 515.5. This suggests a range where 478.15 acts as a base, preventing declines, and 515.5 caps gains, defining key trading levels. Support/Resistance for VTL
Aroon: The current reading of the AROON 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. Aroon chart for Vardhman Textiles Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Vardhman Textiles Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for VTL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Vardhman Textiles Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for VTL, with no strong trend emerging. Stochastic chart for Vardhman Textiles Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Vardhman Textiles Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Vardhman Textiles Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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