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512481 Polytex India Ltd Buy Sell analysis.

512481 Polytex India Ltd Buy Sell analysis.

512481 Polytex India Ltd trades in BSE under Finance Including NBFCs Finance (including NBFCs)

Moving Averages for Polytex India Ltd

  • 5Day Average: 1.42
  • 12Day Average: 1.52
  • 20Day Average: 1.74

Indicator MACD (12,26,9)

1.58, 2.12, -0.55
MACD is in negative zone

Indicator ADX (14)

80, 10, 90
ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 11
RSI is indicating selling pressure.

Recent prices of 512481 Polytex India Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Mon Mar 20191.471.40 to 1.475.00%4.18 times
15 Fri Mar 20191.401.40 to 1.402.19%0.74 times
14 Thu Mar 20191.371.37 to 1.37-4.20%0.88 times
05 Tue Mar 20191.431.43 to 1.430.00%0.65 times
26 Tue Feb 20191.431.43 to 1.43-4.67%0.07 times
21 Thu Feb 20191.501.48 to 1.50-3.23%2.09 times
20 Wed Feb 20191.551.55 to 1.55-4.32%3.13 times
19 Tue Feb 20191.621.62 to 1.624.52%1.03 times
18 Mon Feb 20191.551.51 to 1.55-1.90%1.23 times
08 Fri Feb 20191.581.58 to 1.58-4.82%0.14 times
30 Wed Jan 20191.661.66 to 1.660.00%0.03 times
24 Thu Jan 20191.661.66 to 1.66-4.60%0.05 times

512481 Polytex India Ltd Buy Sell analysis.

Stock is 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 Polytex India Ltd 512481 at this time.

It appears as if Polytex India Ltd 512481 gave a large move recently.

Stock of Polytex India Ltd (512481) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of Polytex India Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.4 as stoploss in an intra day buy trade for a target of 1.74. However, stock will show a bearish move below 1.4.

Quick Charts: All in One charts   Weekly charts   Monthly charts   Renko charts (2)   Renko charts (5)  

512481 Polytex India Ltd Buy Sell analysis.