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Price and trend forecast of IBREALEST for Tomorrow, Weekly, Monthly

Indiabulls Real Estate Limited

Symbol: NSE:IBREALEST

ISIN: INE069I01010

136.46

As on 2024-06-13

58.05 (52W Low) 145.70 (52W High)

IBREALEST's Today's Performance

Indiabulls Real Estate Limited started the day by opening at 137.19 today 2024-06-13. Its shares reached a high of 139.15 and dipped to a low of 135.75 in intraday. When the markets closed, IBREALEST’s stock price settled at ₹136.46 per share. Also check out its key support and resistance levels.

IBREALEST Buy/Sell Targets

Tomorrow, buy IBREALEST when its price reaches ₹ 136.46 with a stop-loss order at ₹ 135.04. You can set the target price as ₹ 137.88 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 IBREALEST 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 IBREALEST

Downside Targets Value in ₹
Tomorrow Down Target 1 138
Tomorrow Down Target 2 141
Tomorrow Down Target 3 142

Important Levels for IBREALEST

Holding Levels Value in ₹
Tomorrow Up Target 1 135
Tomorrow Up Target 2 134
Tomorrow Up Target 3 132
Based on where the stock opens tomorrow, if IBREALEST opens on a positive note, our first target will be ₹138. If Target 1 is achieved, we will aim for Target 2 which is ₹141.

But if IBREALEST falls below the average value of ₹137.12, you can enter a sell side position with target number 1 - ₹135 and second target - ₹134 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 IBREALEST

Looking at IBREALEST, 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, IBREALEST has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for IBREALEST is moderate bullish.

Tomorrow's Volume based share price Forecast for IBREALEST

IBREALEST'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 15%.

Reversal detection for IBREALEST

Predicted trend chart of IBREALEST tomorrow for price forecast
IBREALEST may trend may continue to be bullish since stock is making higher highs and we can get target of ₹136 in morning tomorrow
Target 1 tomorrow138
Target 2 tomorrow139
Target 3 tomorrow141
 

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 IBREALEST'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 IBREALEST opens on a positive note, our first target will be ₹138.49. If Target 1 is achieved, we will aim for Target 2 which is ₹140.52.

But if IBREALEST falls below the average value of ₹137.12, you can enter a sell side position with target number 1 - ₹135.09 and second target - ₹133.72

IBREALEST's Weekly Targets
1st Up Target 139.40
2nd Up Target 142.35
1st Down Target 133.26
2nd Down Target 130.07

As the week for IBREALEST ended on bullish sentiments, we can expect further continuation of this sentiment. IBREALEST's initial target will be 139.40 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 133.26 in the upcoming week.

Weekly OHLC Values
Open 133.25
High 139.15
Low 133.01
Close 136.46

Week for IBREALEST started with an open price of 133.25, and the close was at 136.46. IBREALEST reached the highest of 139.15 and dipped lowest up to 133.01 last week. This indicates a bullish sentiment for the week.

IBREALEST full month swing targets
Monthly Up Target 1 145.54
Monthly Up Target 2 148.49
Monthly Down Target 1 127.12
Monthly Down Target 2 117.79

Targets of ₹145.54 can be expected to be reached in the coming month. Once IBREALEST achieved this target, we can aim for the next upside target of ₹148.49.

IBREALEST if fails to hold upside, down targets of ₹127.12 and ₹117.79 can be achieved by end of this month.

For complete three weeks if IBREALEST 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 IBREALEST

Symbol Name Industry
DLF DLF Limited Real Estate - Development
LODHA Macrotech Developers Limited Real Estate - Development
GODREJPROP Godrej Properties Limited Real Estate - Development
OBEROIRLTY Oberoi Realty Limited Real Estate - Development
PHOENIXLTD The Phoenix Mills Limited Real Estate - Diversified

Summary

IBREALEST is expected to reach the target of 138.49 in tomorrow's trading session.

After achieving the initial target in IBREALEST, we will aim for higher targets of 140.52 tomorrow.

However, if IBREALEST starts to trade below ₹137.12, then we will shift our focus to the sell side and aim for down targets of 135.09 and 133.72.