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

Crest Ventures Limited

Symbol: NSE:CREST

ISIN: INE559D01011

397.20

As on 2024-04-12

152.00 (52W Low) 525.00 (52W High)

CREST's Today's Performance

Crest Ventures Limited started the day by opening at 406.00 today 2024-04-12. Its shares reached a high of 410.40 and dipped to a low of 392.00 in intraday. When the markets closed, CREST’s stock price settled at ₹397.20 per share. Also check out its key support and resistance levels.

CREST Buy/Sell Targets

Tomorrow, sell CREST when its price reaches ₹ 397.20 with a stop-loss order at ₹ 403.55. You can set the target price as ₹ 390.85 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 CREST 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 CREST

Resistance Levels Value in ₹
Tomorrow Resistance 1 408
Tomorrow Resistance 2 418
Tomorrow Resistance 3 426

Important Supports for CREST

Support Levels Value in ₹
Tomorrow Support 1 389
Tomorrow Support 2 381
Tomorrow Support 3 371
Based on where the stock opens tomorrow, if CREST opens on a positive note, our first target will be ₹408. If Target 1 is achieved, we will aim for Target 2 which is ₹418.

But if CREST falls below the average value of ₹399.87, you can enter a sell side position with target number 1 - ₹389 and second target - ₹381 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 CREST

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

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

Tomorrow's Volume based share price Forecast for CREST

CREST'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 21%.

Reversal detection for CREST

Predicted trend chart of CREST tomorrow for price forecast
CREST may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹407 in morning tomorrow
Target 1 tomorrow407
Target 2 tomorrow411
Target 3 tomorrow418
 

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 CREST'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 CREST opens on a positive note, our first target will be ₹407.73. If Target 1 is achieved, we will aim for Target 2 which is ₹418.27.

But if CREST falls below the average value of ₹399.87, you can enter a sell side position with target number 1 - ₹389.33 and second target - ₹381.47

CREST's Weekly Targets
1st Up Target 417.33
2nd Up Target 437.47
1st Down Target 384.53
2nd Down Target 371.87

As the week for CREST ended on bearish sentiments, we can expect further continuation of this sentiment. CREST's initial target will be 417.33 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 384.53 in the upcoming week.

Weekly OHLC Values
Open 424.80
High 424.80
Low 392.00
Close 397.20

Week for CREST started with an open price of 424.80, and the close was at 397.20. CREST reached the highest of 424.80 and dipped lowest up to 392.00 last week. This indicates a bearish sentiment for the week.

CREST full month swing targets
Monthly Up Target 1 450.13
Monthly Up Target 2 470.27
Monthly Down Target 1 351.73
Monthly Down Target 2 306.27

Targets of ₹450.13 can be expected to be reached in the coming month. Once CREST achieved this target, we can aim for the next upside target of ₹470.27.

CREST if fails to hold upside, down targets of ₹351.73 and ₹306.27 can be achieved by end of this month.

For complete three weeks if CREST 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

CREST is expected to reach the target of 407.73 in tomorrow's trading session.

After achieving the initial target in CREST, we will aim for higher targets of 418.27 tomorrow.

However, if CREST starts to trade below ₹399.87, then we will shift our focus to the sell side and aim for down targets of 389.33 and 381.47.