Price and trend forecast of GENESYS for Tomorrow, Weekly, Monthly
Genesys International Corporation Limited
Symbol: NSE:GENESYS
ISIN: INE727B01026
913.40
As on 2024-12-20
GENESYS's Today's Performance
Genesys International Corporation Limited started the day by opening at 945.00 today 2024-12-20. Its shares reached a high of 945.00 and dipped to a low of 909.90 in intraday. When the markets closed, GENESYS’s stock price settled at ₹913.40 per share. Also check out its key support and resistance levels.
GENESYS Buy/Sell Targets
Tomorrow, sell GENESYS when its price reaches ₹ 913.40 with a stop-loss order at ₹ 934.87. You can set the target price as ₹ 891.93 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 GENESYS 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 GENESYS
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 936 |
| Tomorrow Down Target 2 | 958 |
| Tomorrow Down Target 3 | 971 |
Important Levels for GENESYS
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 901 |
| Tomorrow Up Target 2 | 888 |
| Tomorrow Up Target 3 | 865 |
Based on where the stock opens tomorrow, if GENESYS opens on a positive note, our first target will be ₹936. If Target 1 is achieved, we will aim for Target 2 which is ₹958.
But if GENESYS falls below the average value of ₹922.77, you can enter a sell side position with target number 1 - ₹901 and second target - ₹888 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 GENESYS
Looking at GENESYS, 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, GENESYS has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for GENESYS is moderate bearish.
Tomorrow's Volume based share price Forecast for GENESYS
GENESYS'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 -21%.
Reversal detection for GENESYS
GENESYS may trend may continue to be bearish since stock is making lower low and we can get target of ₹934 in morning tomorrow
| Target 1 tomorrow | 936 |
| Target 2 tomorrow | 944 |
| Target 3 tomorrow | 958 |
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 GENESYS'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 GENESYS opens on a positive note, our first target will be ₹935.63. If Target 1 is achieved, we will aim for Target 2 which is ₹957.87.
But if GENESYS falls below the average value of ₹922.77, you can enter a sell side position with target number 1 - ₹900.53 and second target - ₹887.67
GENESYS's Weekly Targets
| 1st Up Target | 968.40 |
| 2nd Up Target | 1,023.40 |
| 1st Down Target | 880.00 |
| 2nd Down Target | 846.60 |
As the week for GENESYS ended on bearish sentiments, we can expect further continuation of this sentiment. GENESYS's initial target will be 968.40 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 880.00 in the upcoming week.
Weekly OHLC Values
| Open | 934.00 |
| High | 990.00 |
| Low | 901.60 |
| Close | 913.40 |
Week for GENESYS started with an open price of 934.00, and the close was at 913.40. GENESYS reached the highest of 990.00 and dipped lowest up to 901.60 last week. This indicates a bearish sentiment for the week.
GENESYS full month swing targets
| Monthly Up Target 1 | 1,056.80 |
| Monthly Up Target 2 | 1,111.80 |
| Monthly Down Target 1 | 791.60 |
| Monthly Down Target 2 | 669.80 |
Targets of ₹1,056.80 can be expected to be reached in the coming month. Once GENESYS achieved this target, we can aim for the next upside target of ₹1,111.80.
GENESYS if fails to hold upside, down targets of ₹791.60 and ₹669.80 can be achieved by end of this month.
For complete three weeks if GENESYS 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 GENESYS
| Symbol | Name | Industry |
|---|---|---|
| TCS | Tata Consultancy Services Limited | Information Technology Services |
| INFY | Infosys Limited | Information Technology Services |
| CYIENTDLM | Cyient DLM Limited | Electronic Components |
| HCLTECH | HCL Technologies Limited | Information Technology Services |
| IDEAFORGE | ideaForge Technology Limited | Computer Hardware |
Summary
GENESYS is expected to reach the target of 935.63 in tomorrow's trading session.
After achieving the initial target in GENESYS, we will aim for higher targets of 957.87 tomorrow.
However, if GENESYS starts to trade below ₹922.77, then we will shift our focus to the sell side and aim for down targets of 900.53 and 887.67.