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(OmnitexInd) Omnitex Ind complete technical analysis [charts+indicators] | Buy/Sell Omnitex Ind | (OmnitexInd) share price targets

Complete technical analysis of Omnitex Ind (OmnitexInd) by charts plus indicators, forecast predictions and share price targets for Omnitex Ind (OmnitexInd)

Showing technical analysis as on 2025-01-24 View latest technical analysis

10 day averaged volume of Omnitex Ind is 870

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	243.85	245.55	245.55	239.25	0.452 times
23 Thu Jan 2025	251.80	250.00	251.80	242.50	0.123 times
22 Wed Jan 2025	254.00	256.00	256.00	254.00	0.145 times
21 Tue Jan 2025	255.00	246.00	270.70	245.00	0.962 times
20 Mon Jan 2025	257.85	249.80	262.90	249.80	1.638 times
17 Fri Jan 2025	262.90	260.00	263.00	260.00	0.411 times
16 Thu Jan 2025	258.45	265.00	265.00	258.45	0.403 times
15 Wed Jan 2025	263.70	261.00	263.95	261.00	0.64 times
14 Tue Jan 2025	261.50	261.60	261.60	251.40	2.092 times
13 Mon Jan 2025	256.50	256.50	256.50	256.50	1.046 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 249.6, but if it comes above 249.6, then a intra day buy could be more profitable.
If you take a sell trade below 249.6, then use 249.6 as stoploss and 235.6 as target. However if you take a buy trade in stock , then use 249.6 as stoploss and 261.27 as target.

Share price targets for Omnitex Ind (OmnitexInd)

Target Type	Value
Downside Target	202.70
Downside Target	213.25
Downside Target	228.00
Downside Target	234.60
Upside Target	251.40
Upside Target	261.90
Upside Target	278.20
Upside Target	289.60
Upside Target	295.50
Upside Target	313.90
Upside Target	320.30
Upside Target	323.00
Upside Target	324.90

Intraday share price targets for Omnitex Ind (OmnitexInd)

Target Type	Value
Downside Intraday Target	231.83
Downside Intraday Target	219.82
Upside Intraday Target	263.28
Upside Intraday Target	282.72
Upside Intraday Target	251.27

Weekly technical analysis of Omnitex Ind (OmnitexInd)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	243.85	249.80	270.70	239.25	0.723 times
17 Fri Jan 2025	262.90	256.50	265.00	251.40	0.846 times
10 Fri Jan 2025	251.50	261.90	261.90	241.70	1.607 times
03 Fri Jan 2025	267.20	289.60	289.60	267.20	0.722 times
27 Fri Dec 2024	295.50	313.90	313.90	295.50	0.069 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Omnitex Ind (OmnitexInd)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	243.85	278.20	278.20	239.25	0.083 times
31 Tue Dec 2024	283.85	253.00	320.30	228.00	4.149 times
29 Fri Nov 2024	253.85	249.95	262.00	213.25	0.479 times
31 Thu Oct 2024	243.00	314.95	323.00	234.60	0.501 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Omnitex Ind (OmnitexInd)

Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Omnitex Ind ( (OmnitexInd) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Omnitex Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Omnitex Ind in short term and the sell signal is strong.

Omnitex Ind Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Omnitex Ind in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Omnitex Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 258.09 and Omnitex Ind (OmnitexInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Omnitex Ind (OmnitexInd) stock. Volume based technical analysis of Omnitex Ind (OmnitexInd) stock is negative.

Omnitex Ind Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.