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

SIL Investments Limited

Symbol: NSE:SILINV

ISIN: INE923A01015

481.70

As on 2024-05-27

297.40 (52W Low) 578.00 (52W High)

SILINV's Today's Performance

SIL Investments Limited started the day by opening at 485.85 today 2024-05-27. Its shares reached a high of 493.00 and dipped to a low of 477.00 in intraday. When the markets closed, SILINV’s stock price settled at ₹481.70 per share. Also check out its key support and resistance levels.

SILINV Buy/Sell Targets

Tomorrow, sell SILINV when its price reaches ₹ 481.70 with a stop-loss order at ₹ 487.92. You can set the target price as ₹ 475.48 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 SILINV 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 SILINV

Downside Targets Value in ₹
Tomorrow Down Target 1 491
Tomorrow Down Target 2 500
Tomorrow Down Target 3 507

Important Levels for SILINV

Holding Levels Value in ₹
Tomorrow Up Target 1 475
Tomorrow Up Target 2 468
Tomorrow Up Target 3 459
Based on where the stock opens tomorrow, if SILINV opens on a positive note, our first target will be ₹491. If Target 1 is achieved, we will aim for Target 2 which is ₹500.

But if SILINV falls below the average value of ₹483.90, you can enter a sell side position with target number 1 - ₹475 and second target - ₹468 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 SILINV

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

Based on this, the predicted sentiment for SILINV is moderate bearish.

Tomorrow's Volume based share price Forecast for SILINV

SILINV's Volume is currently in a Decreasing 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 61%.

Reversal detection for SILINV

Predicted trend chart of SILINV tomorrow for price forecast
SILINV may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹486 in morning tomorrow
Target 1 tomorrow490
Target 2 tomorrow494
Target 3 tomorrow500
 

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 SILINV'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 SILINV opens on a positive note, our first target will be ₹490.80. If Target 1 is achieved, we will aim for Target 2 which is ₹499.90.

But if SILINV falls below the average value of ₹483.90, you can enter a sell side position with target number 1 - ₹474.80 and second target - ₹467.90

SILINV's Weekly Targets
1st Up Target 490.80
2nd Up Target 499.90
1st Down Target 474.80
2nd Down Target 467.90

As the week for SILINV ended on bearish sentiments, we can expect further continuation of this sentiment. SILINV's initial target will be 490.80 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 474.80 in the upcoming week.

Weekly OHLC Values
Open 485.85
High 493.00
Low 477.00
Close 481.70

Week for SILINV started with an open price of 485.85, and the close was at 481.70. SILINV reached the highest of 493.00 and dipped lowest up to 477.00 last week. This indicates a bearish sentiment for the week.

SILINV full month swing targets
Monthly Up Target 1 506.80
Monthly Up Target 2 515.90
Monthly Down Target 1 458.80
Monthly Down Target 2 435.90

Targets of ₹506.80 can be expected to be reached in the coming month. Once SILINV achieved this target, we can aim for the next upside target of ₹515.90.

SILINV if fails to hold upside, down targets of ₹458.80 and ₹435.90 can be achieved by end of this month.

For complete three weeks if SILINV 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.

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Summary

SILINV is expected to reach the target of 490.80 in tomorrow's trading session.

After achieving the initial target in SILINV, we will aim for higher targets of 499.90 tomorrow.

However, if SILINV starts to trade below ₹483.90, then we will shift our focus to the sell side and aim for down targets of 474.80 and 467.90.