Stock Information Portal

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

Asahi Songwon Colors Limited

Symbol: NSE:ASAHISONG

ISIN: INE228I01012

280.65

As on 2025-02-12

268.05 (52W Low) 588.95 (52W High)

ASAHISONG's Today's Performance

Asahi Songwon Colors Limited started the day by opening at 279.70 today 2025-02-12. Its shares reached a high of 286.95 and dipped to a low of 276.00 in intraday. When the markets closed, ASAHISONG’s stock price settled at ₹280.65 per share. Also check out its key support and resistance levels.

ASAHISONG Buy/Sell Targets

Tomorrow, sell ASAHISONG when its price reaches ₹ 280.65 with a stop-loss order at ₹ 287.88. You can set the target price as ₹ 273.43 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 ASAHISONG 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 ASAHISONG

Downside Targets Value in ₹
Tomorrow Down Target 1 286
Tomorrow Down Target 2 292
Tomorrow Down Target 3 297

Important Levels for ASAHISONG

Holding Levels Value in ₹
Tomorrow Up Target 1 275
Tomorrow Up Target 2 270
Tomorrow Up Target 3 265
Based on where the stock opens tomorrow, if ASAHISONG opens on a positive note, our first target will be ₹286. If Target 1 is achieved, we will aim for Target 2 which is ₹292.

But if ASAHISONG falls below the average value of ₹281.20, you can enter a sell side position with target number 1 - ₹275 and second target - ₹270 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 ASAHISONG

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

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

Tomorrow's Volume based share price Forecast for ASAHISONG

ASAHISONG'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 -19%.

Reversal detection for ASAHISONG

Predicted trend chart of ASAHISONG tomorrow for price forecast
ASAHISONG may trend may continue to be bearish since stock is making lower low and we can get target of ₹282 in morning tomorrow
Target 1 tomorrow285
Target 2 tomorrow288
Target 3 tomorrow292
 

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 ASAHISONG'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 ASAHISONG opens on a positive note, our first target will be ₹286.40. If Target 1 is achieved, we will aim for Target 2 which is ₹292.15.

But if ASAHISONG falls below the average value of ₹281.20, you can enter a sell side position with target number 1 - ₹275.45 and second target - ₹270.25

ASAHISONG's Weekly Targets
1st Up Target 293.18
2nd Up Target 305.72
1st Down Target 271.53
2nd Down Target 262.42

As the week for ASAHISONG ended on bearish sentiments, we can expect further continuation of this sentiment. ASAHISONG's initial target will be 293.18 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 271.53 in the upcoming week.

Weekly OHLC Values
Open 296.60
High 296.60
Low 274.95
Close 280.65

Week for ASAHISONG started with an open price of 296.60, and the close was at 280.65. ASAHISONG reached the highest of 296.60 and dipped lowest up to 274.95 last week. This indicates a bearish sentiment for the week.

ASAHISONG full month swing targets
Monthly Up Target 1 314.83
Monthly Up Target 2 327.37
Monthly Down Target 1 249.88
Monthly Down Target 2 219.12

Targets of ₹314.83 can be expected to be reached in the coming month. Once ASAHISONG achieved this target, we can aim for the next upside target of ₹327.37.

ASAHISONG if fails to hold upside, down targets of ₹249.88 and ₹219.12 can be achieved by end of this month.

For complete three weeks if ASAHISONG 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 ASAHISONG

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

ASAHISONG is expected to reach the target of 286.40 in tomorrow's trading session.

After achieving the initial target in ASAHISONG, we will aim for higher targets of 292.15 tomorrow.

However, if ASAHISONG starts to trade below ₹281.20, then we will shift our focus to the sell side and aim for down targets of 275.45 and 270.25.