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

Capital Trust Limited

Symbol: NSE:CAPTRUST

ISIN: INE707C01018

114.95

As on 2024-04-12

60.50 (52W Low) 147.80 (52W High)

CAPTRUST's Today's Performance

Capital Trust Limited started the day by opening at 116.25 today 2024-04-12. Its shares reached a high of 119.35 and dipped to a low of 110.00 in intraday. When the markets closed, CAPTRUST’s stock price settled at ₹114.95 per share. Also check out its key support and resistance levels.

CAPTRUST Buy/Sell Targets

Tomorrow, sell CAPTRUST when its price reaches ₹ 114.95 with a stop-loss order at ₹ 119.08. You can set the target price as ₹ 110.82 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 CAPTRUST for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for CAPTRUST

Resistance Levels Value in ₹
Tomorrow Resistance 1 120
Tomorrow Resistance 2 124
Tomorrow Resistance 3 129

Important Supports for CAPTRUST

Support Levels Value in ₹
Tomorrow Support 1 110
Tomorrow Support 2 105
Tomorrow Support 3 101
Based on where the stock opens tomorrow, if CAPTRUST opens on a positive note, our first target will be ₹120. If Target 1 is achieved, we will aim for Target 2 which is ₹124.

But if CAPTRUST falls below the average value of ₹114.77, you can enter a sell side position with target number 1 - ₹110 and second target - ₹105 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 CAPTRUST

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

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

Tomorrow's Volume based share price Forecast for CAPTRUST

CAPTRUST'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 -91%.

Reversal detection for CAPTRUST

Predicted trend chart of CAPTRUST tomorrow for price forecast
CAPTRUST may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹117 in morning tomorrow
Target 1 tomorrow118
Target 2 tomorrow121
Target 3 tomorrow124
 

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 CAPTRUST'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 CAPTRUST opens on a positive note, our first target will be ₹119.53. If Target 1 is achieved, we will aim for Target 2 which is ₹124.12.

But if CAPTRUST falls below the average value of ₹114.77, you can enter a sell side position with target number 1 - ₹110.18 and second target - ₹105.42

CAPTRUST's Weekly Targets
1st Up Target 123.97
2nd Up Target 132.98
1st Down Target 107.97
2nd Down Target 100.98

As the week for CAPTRUST ended on bearish sentiments, we can expect further continuation of this sentiment. CAPTRUST's initial target will be 123.97 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 107.97 in the upcoming week.

Weekly OHLC Values
Open 125.50
High 126.00
Low 110.00
Close 114.95

Week for CAPTRUST started with an open price of 125.50, and the close was at 114.95. CAPTRUST reached the highest of 126.00 and dipped lowest up to 110.00 last week. This indicates a bearish sentiment for the week.

CAPTRUST full month swing targets
Monthly Up Target 1 139.97
Monthly Up Target 2 148.98
Monthly Down Target 1 91.97
Monthly Down Target 2 68.98

Targets of ₹139.97 can be expected to be reached in the coming month. Once CAPTRUST achieved this target, we can aim for the next upside target of ₹148.98.

CAPTRUST if fails to hold upside, down targets of ₹91.97 and ₹68.98 can be achieved by end of this month.

For complete three weeks if CAPTRUST 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

CAPTRUST is expected to reach the target of 119.53 in tomorrow's trading session.

After achieving the initial target in CAPTRUST, we will aim for higher targets of 124.12 tomorrow.

However, if CAPTRUST starts to trade below ₹114.77, then we will shift our focus to the sell side and aim for down targets of 110.18 and 105.42.