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GTNTEX NEWS why is Gtn Textiles Limited price falling or rising

GTNTEX NEWS reasons for why stock price of Gtn Textiles Limited is falling or rising

GTNTEX Gtn Textiles is falling or rising technical reasons

Technical analysis forecast of Gtn Textiles Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Gtn Textiles GTNTEX at this time. Stock is rising and might rise more.

It appears as if Gtn Textiles GTNTEX gave a large move recently.

Stock of Gtn Textiles (GTNTEX) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Gtn Textiles is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Gtn Textiles stays above 14.6, but if it comes below 14.6, then a intra day sell could be more profitable.
If you take a sell trade below 14.6, then use 14.6 as stoploss and 13.39 as target. However if you take a buy trade in Gtn Textiles, then use 14.6 as stoploss and 16.1 as target.

GTNTEX Gtn Textiles is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2022-01-07

Company Announcement GTN Textiles Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2022-01-04

Company Announcement GTN Textiles Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2022-01-03

Company Announcement GTN Textiles Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2021-12-29

Company Announcement GTN Textiles Limited has informed the Exchange about Voluntary Delisting - NEWS as on 2021-12-07

Company Announcement GTN Textiles Limited has informed the Exchange about related Party Transactions - NEWS as on 2021-11-18

Company Announcement GTN Textiles Limited has informed the Exchange regarding Board meeting held on November 13, 2021. - NEWS as on 2021-11-15

Board Meeting to discuss Voluntary Delisting In furtherance to our letter dated 2nd Nov 2021 intimating the date of meeting of the Board of Directors of the Company proposed to be convened on Saturday, 13th November, 2021 through Video Conference (VC) or Other Audio Visual Means(O - NEWS as on 2021-11-08

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2021 - NEWS as on 2021-11-02

More announcements and NEWS

GTNTEX Gtn Textiles Limited current price & indicator signals

Moving Averages for Gtn Textiles Limited

  • 5Day Average: 14.1
  • 12Day Average: 14.28
  • 20Day Average: 13.57
  • 50Day Average: 11.04
  • 100Day Average: 9.36
  • 150Day Average: 9.02
  • 200Day Average: 8.12

GTNTEX Indicators & signals

Indicator MACD (12,26,9)

13.97, 12.97, 1.04
Indicator MACD is in positive zone

Indicator ADX (14)

29.41, 57.89, 31.58
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GTNTEX Gtn Textiles Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Mon Jan 2022 15.40 15.40 to 15.40 4.76% 0.54 times
31 Fri Dec 2021 14.70 14.70 to 14.70 5% 0.68 times
30 Thu Dec 2021 14.00 13.90 to 14.15 3.7% 2.08 times
29 Wed Dec 2021 13.50 13.10 to 13.50 4.65% 0.27 times
28 Tue Dec 2021 12.90 12.30 to 12.90 0% 1.64 times
27 Mon Dec 2021 12.90 12.90 to 12.90 -4.8% 0.88 times
24 Fri Dec 2021 13.55 13.55 to 13.55 -4.91% 0.96 times
23 Thu Dec 2021 14.25 14.25 to 14.25 -5% 0.13 times
22 Wed Dec 2021 15.00 15.00 to 15.50 -1.32% 0.76 times
21 Tue Dec 2021 15.20 15.20 to 15.40 -0.33% 0.85 times
20 Mon Dec 2021 15.25 14.70 to 15.25 3.74% 1.75 times
17 Fri Dec 2021 14.70 14.10 to 14.70 5% 1.55 times

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