RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of VIVIDHA.NS
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Visagar Polytex Limited stock upgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 15, 2024 Loss -8.70% PDF

No changes to the price of Visagar Polytex Limited stock on the last trading day (Thursday, 28th Mar 2024). During the last trading day the stock fluctuated 5.00% from a day low at ₹1.00 to a day high of ₹1.05. The price has been going up and down for this period, and there has been a -12.5% loss for the last 2 weeks.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at ₹1.04 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.76% during the next 3 months and, with a 90% probability hold a price between ₹0.85 and ₹1.32 at the end of this 3-month period.

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VIVIDHA.NS Signals & Forecast

There are mixed signals in the stock today. The Visagar Polytex Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹1.10 and ₹1.27. A break-up above any of these levels will issue buy signals. A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). The volume rose on the last day while price remained unchanged. This may be an early warning and the stock should be watched closely.

Support, Risk & Stop-loss for Visagar Polytex Limited stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹0.0500 between high and low, or 5.00%. For the last week, the stock has had daily average volatility of 4.68%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (VIVIDHA.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Visagar Polytex Limited to open at ₹1.03, and during the day (based on 14 day Average True Range), to move between ₹0.99 and ₹1.11, which gives a possible trading interval of +/-₹0.0557 (+/-5.30%) up or down from last closing price. If Visagar Polytex Limited takes out the full calculated possible swing range there will be an estimated 10.60% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ ₹1.10, some ₹0.0500 (4.76%) from the current price of ₹1.05, our system finds the risk reward not very attractive.

Is Visagar Polytex Limited stock A Buy?

Visagar Polytex Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.780 Sell Candidate Upgraded

Predicted Opening Price for Visagar Polytex Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹1.03 ( 1.59%) ₹1.05

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for VIVIDHA.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.08 3.17 %
R2 1.06 1.36 %
R1 1.05 0.232 %
Current price: 1.05
Support S1 1.01 -3.41 %
S2 1.00 -4.53 %
S3 0.98 -6.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.25 19.05 %
R2 1.20 14.29 %
R1 1.10 4.76 %
Current price 1.05
Support S1 0 .
S2 0 .
S3 0 .

VIVIDHA Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 14, 2015 Sep 22, 2015 Oct 30, 2015 ₹0.0225 0.0411%
2 Aug 30, 2014 Dec 16, 2014 Jan 23, 2015 ₹0.0068 0.0175%
3 Aug 29, 2013 Dec 06, 2013 Jan 13, 2014 ₹0.0068 0.124%

FAQ

What is the symbol for Visagar Polytex Limited Stock and on which exchange is it traded?
The symbol for Visagar Polytex Limited is VIVIDHA.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Visagar Polytex Limited Stock?
Visagar Polytex Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Visagar Polytex Limited Stock?
Visagar Polytex Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Visagar Polytex Limited Stock.

What's the current price of Visagar Polytex Limited Stock?
As of the end of day on the 2024-03-28, the price of an Visagar Polytex Limited (VIVIDHA.NS) share was ₹1.05.

What is the 52-week high and low for Visagar Polytex Limited Stock?
The 52-week high for Visagar Polytex Limited Stock is ₹2.10 and the 52-week low is ₹0.750.

What is the market capitalization of Visagar Polytex Limited Stock?
As of the 2024-03-28, the market capitalization of Visagar Polytex Limited is 307.336M.
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