Price and trend forecast of EMBASSY for Tomorrow, Weekly, Monthly
EMBASSY OFFICE PARKS REIT UNITS
Symbol: NSE:EMBASSY
ISIN: INE041025011
356.11
As on 2024-12-20
EMBASSY's Today's Performance
EMBASSY OFFICE PARKS REIT UNITS started the day by opening at 375.73 today 2024-12-20. Its shares reached a high of 375.85 and dipped to a low of 350.20 in intraday. When the markets closed, EMBASSY’s stock price settled at ₹356.11 per share. Also check out its key support and resistance levels.
EMBASSY Buy/Sell Targets
Tomorrow, sell EMBASSY when its price reaches ₹ 356.11 with a stop-loss order at ₹ 362.67. You can set the target price as ₹ 349.55 to capture potential gains. This sell position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of EMBASSY for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for EMBASSY
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 371 |
| Tomorrow Down Target 2 | 386 |
| Tomorrow Down Target 3 | 397 |
Important Levels for EMBASSY
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 346 |
| Tomorrow Up Target 2 | 335 |
| Tomorrow Up Target 3 | 320 |
Based on where the stock opens tomorrow, if EMBASSY opens on a positive note, our first target will be ₹371. If Target 1 is achieved, we will aim for Target 2 which is ₹386.
But if EMBASSY falls below the average value of ₹360.72, you can enter a sell side position with target number 1 - ₹346 and second target - ₹335 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of EMBASSY
Looking at EMBASSY, we've seen a Increasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, EMBASSY has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for EMBASSY is moderate bearish.
Tomorrow's Volume based share price Forecast for EMBASSY
EMBASSY's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is -66%.
Reversal detection for EMBASSY
EMBASSY may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹376 in morning tomorrow
| Target 1 tomorrow | 371 |
| Target 2 tomorrow | 377 |
| Target 3 tomorrow | 386 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with EMBASSY's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if EMBASSY opens on a positive note, our first target will be ₹371.24. If Target 1 is achieved, we will aim for Target 2 which is ₹386.37.
But if EMBASSY falls below the average value of ₹360.72, you can enter a sell side position with target number 1 - ₹345.59 and second target - ₹335.07
EMBASSY's Weekly Targets
| 1st Up Target | 372.68 |
| 2nd Up Target | 389.25 |
| 1st Down Target | 344.87 |
| 2nd Down Target | 333.63 |
As the week for EMBASSY ended on bearish sentiments, we can expect further continuation of this sentiment. EMBASSY's initial target will be 372.68 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 344.87 in the upcoming week.
Weekly OHLC Values
| Open | 375.80 |
| High | 378.01 |
| Low | 350.20 |
| Close | 356.11 |
Week for EMBASSY started with an open price of 375.80, and the close was at 356.11. EMBASSY reached the highest of 378.01 and dipped lowest up to 350.20 last week. This indicates a bearish sentiment for the week.
EMBASSY full month swing targets
| Monthly Up Target 1 | 400.49 |
| Monthly Up Target 2 | 417.06 |
| Monthly Down Target 1 | 317.06 |
| Monthly Down Target 2 | 278.01 |
Targets of ₹400.49 can be expected to be reached in the coming month. Once EMBASSY achieved this target, we can aim for the next upside target of ₹417.06.
EMBASSY if fails to hold upside, down targets of ₹317.06 and ₹278.01 can be achieved by end of this month.
For complete three weeks if EMBASSY is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as EMBASSY
| Symbol | Name | Industry |
|---|---|---|
| EMBASSY | Embassy Office Parks REIT | Other |
| BALAXI | BALAXI PHARMACEUTICALS LIMITED | Other |
| 3PLAND | 3P Land Holdings Limited | Other |
| IDFNIFTYET | IDFC Mutual Fund - IDFC Nifty ETF | Other |
Summary
EMBASSY is expected to reach the target of 371.24 in tomorrow's trading session.
After achieving the initial target in EMBASSY, we will aim for higher targets of 386.37 tomorrow.
However, if EMBASSY starts to trade below ₹360.72, then we will shift our focus to the sell side and aim for down targets of 345.59 and 335.07.