Price and trend forecast of HPAL for Tomorrow, Weekly, Monthly
HP Adhesives Limited
Symbol: NSE:HPAL
ISIN: INE0GSL01016
67.16
As on 2025-02-04
HPAL's Today's Performance
HP Adhesives Limited started the day by opening at 67.65 today 2025-02-04. Its shares reached a high of 68.90 and dipped to a low of 66.91 in intraday. When the markets closed, HPAL’s stock price settled at ₹67.16 per share. Also check out its key support and resistance levels.
HPAL Buy/Sell Targets
Tomorrow, buy HPAL when its price reaches ₹ 67.16 with a stop-loss order at ₹ 66.41. You can set the target price as ₹ 67.92 to capture potential gains. This buy 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 HPAL 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 HPAL
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 68 |
| Tomorrow Down Target 2 | 70 |
| Tomorrow Down Target 3 | 70 |
Important Levels for HPAL
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 66 |
| Tomorrow Up Target 2 | 66 |
| Tomorrow Up Target 3 | 64 |
Based on where the stock opens tomorrow, if HPAL opens on a positive note, our first target will be ₹68. If Target 1 is achieved, we will aim for Target 2 which is ₹70.
But if HPAL falls below the average value of ₹67.66, you can enter a sell side position with target number 1 - ₹66 and second target - ₹66 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 HPAL
Looking at HPAL, we've seen a Decreasing 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, HPAL has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for HPAL is moderate bullish.
Tomorrow's Volume based share price Forecast for HPAL
HPAL's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 257%.
Reversal detection for HPAL
HPAL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹67 in morning tomorrow
| Target 1 tomorrow | 68 |
| Target 2 tomorrow | 69 |
| Target 3 tomorrow | 70 |
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 HPAL'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 HPAL opens on a positive note, our first target will be ₹68.40. If Target 1 is achieved, we will aim for Target 2 which is ₹69.65.
But if HPAL falls below the average value of ₹67.66, you can enter a sell side position with target number 1 - ₹66.41 and second target - ₹65.67
HPAL's Weekly Targets
| 1st Up Target | 68.60 |
| 2nd Up Target | 70.05 |
| 1st Down Target | 66.06 |
| 2nd Down Target | 64.97 |
As the week for HPAL ended on bearish sentiments, we can expect further continuation of this sentiment. HPAL's initial target will be 68.60 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 66.06 in the upcoming week.
Weekly OHLC Values
| Open | 67.86 |
| High | 68.95 |
| Low | 66.41 |
| Close | 67.16 |
Week for HPAL started with an open price of 67.86, and the close was at 67.16. HPAL reached the highest of 68.95 and dipped lowest up to 66.41 last week. This indicates a bearish sentiment for the week.
HPAL full month swing targets
| Monthly Up Target 1 | 71.14 |
| Monthly Up Target 2 | 72.59 |
| Monthly Down Target 1 | 63.52 |
| Monthly Down Target 2 | 59.89 |
Targets of ₹71.14 can be expected to be reached in the coming month. Once HPAL achieved this target, we can aim for the next upside target of ₹72.59.
HPAL if fails to hold upside, down targets of ₹63.52 and ₹59.89 can be achieved by end of this month.
For complete three weeks if HPAL 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 HPAL
| Symbol | Name | Industry |
|---|---|---|
| ULTRACEMCO | UltraTech Cement Limited | Building Materials |
| ASIANPAINT | Asian Paints Limited | Specialty Chemicals |
| JSWSTEEL | JSW Steel Limited | Steel |
| TATASTEEL | Tata Steel Limited | Steel |
| GRASIM | Grasim Industries Limited | Building Materials |
Summary
HPAL is expected to reach the target of 68.40 in tomorrow's trading session.
After achieving the initial target in HPAL, we will aim for higher targets of 69.65 tomorrow.
However, if HPAL starts to trade below ₹67.66, then we will shift our focus to the sell side and aim for down targets of 66.41 and 65.67.