VTL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.2

Here’s a detailed technical breakdown of VTL (Vardhman Textiles Ltd)

📉 Trend Analysis

Current Price: ₹460 is below both the 50 DMA (₹485) and 200 DMA (₹470), indicating short-term and medium-term weakness.

RSI (33.3): Near oversold territory, suggesting potential for a short-term bounce.

MACD (-4.85): Bearish crossover, confirming downward momentum.

Volume: Current volume is significantly below 1-week average, indicating weak participation.

🔎 Conclusion: The stock is trending down with signs of possible short-term consolidation.

📊 Momentum & Indicators

Indicator Value Signal

RSI 33.3 Oversold zone

MACD -4.85 Bearish crossover

Bollinger Bands N/A Likely near lower band

Volume Trend ↓ Weak momentum

📈 Support & Resistance Levels

Type Price (₹) Strength

Support 442–448 Strong

Support 420 Moderate

Resistance 470–475 Moderate

Resistance 485–490 Strong

🔁 Trendlines suggest a descending channel. A breakout above ₹475 could signal reversal.

🎯 Entry & Exit Zones

Entry Zone: ₹445–455 (near support, oversold RSI)

Exit Zone: ₹475–485 (approaching resistance and 50 DMA)

🧭 Overall Outlook

Short-Term: Weak momentum, possible bounce from oversold levels.

Medium-Term: Needs to reclaim ₹470+ to shift trend bullish.

Long-Term: Fundamentally undervalued vs industry PE (15.6 vs 27.8), but technicals remain soft.

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