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

CSL Finance Limited

Symbol: NSE:CSLFINANCE

ISIN: INE718F01018

451.60

As on 2024-07-19

288.30 (52W Low) 517.70 (52W High)

CSLFINANCE's Today's Performance

CSL Finance Limited started the day by opening at 465.60 today 2024-07-19. Its shares reached a high of 465.60 and dipped to a low of 451.40 in intraday. When the markets closed, CSLFINANCE’s stock price settled at ₹451.60 per share. Also check out its key support and resistance levels.

CSLFINANCE Buy/Sell Targets

Tomorrow, sell CSLFINANCE when its price reaches ₹ 451.60 with a stop-loss order at ₹ 460.73. You can set the target price as ₹ 442.48 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 CSLFINANCE 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 CSLFINANCE

Downside Targets Value in ₹
Tomorrow Down Target 1 461
Tomorrow Down Target 2 470
Tomorrow Down Target 3 475

Important Levels for CSLFINANCE

Holding Levels Value in ₹
Tomorrow Up Target 1 447
Tomorrow Up Target 2 442
Tomorrow Up Target 3 433
Based on where the stock opens tomorrow, if CSLFINANCE opens on a positive note, our first target will be ₹461. If Target 1 is achieved, we will aim for Target 2 which is ₹470.

But if CSLFINANCE falls below the average value of ₹456.20, you can enter a sell side position with target number 1 - ₹447 and second target - ₹442 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 CSLFINANCE

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

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

Tomorrow's Volume based share price Forecast for CSLFINANCE

CSLFINANCE'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 171%.

Reversal detection for CSLFINANCE

Predicted trend chart of CSLFINANCE tomorrow for price forecast
CSLFINANCE may trend may continue to be bearish since stock is making lower low and we can get target of ₹468 in morning tomorrow
Target 1 tomorrow462
Target 2 tomorrow465
Target 3 tomorrow470
 

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 CSLFINANCE'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 CSLFINANCE opens on a positive note, our first target will be ₹461.00. If Target 1 is achieved, we will aim for Target 2 which is ₹470.40.

But if CSLFINANCE falls below the average value of ₹456.20, you can enter a sell side position with target number 1 - ₹446.80 and second target - ₹442.00

CSLFINANCE's Weekly Targets
1st Up Target 475.27
2nd Up Target 498.93
1st Down Target 439.67
2nd Down Target 427.73

As the week for CSLFINANCE ended on bearish sentiments, we can expect further continuation of this sentiment. CSLFINANCE's initial target will be 475.27 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 439.67 in the upcoming week.

Weekly OHLC Values
Open 467.70
High 487.00
Low 451.40
Close 451.60

Week for CSLFINANCE started with an open price of 467.70, and the close was at 451.60. CSLFINANCE reached the highest of 487.00 and dipped lowest up to 451.40 last week. This indicates a bearish sentiment for the week.

CSLFINANCE full month swing targets
Monthly Up Target 1 510.87
Monthly Up Target 2 534.53
Monthly Down Target 1 404.07
Monthly Down Target 2 356.53

Targets of ₹510.87 can be expected to be reached in the coming month. Once CSLFINANCE achieved this target, we can aim for the next upside target of ₹534.53.

CSLFINANCE if fails to hold upside, down targets of ₹404.07 and ₹356.53 can be achieved by end of this month.

For complete three weeks if CSLFINANCE 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 CSLFINANCE

Symbol Name Industry
HDFCBANK HDFC Bank Limited Banks - Regional
ICICIBANK ICICI Bank Limited Banks - Regional
SBIN State Bank of India Banks - Regional
LICI Life Insurance Corporation Of India Insurance - Life
BAJFINANCE Bajaj Finance Limited Credit Services

Summary

CSLFINANCE is expected to reach the target of 461.00 in tomorrow's trading session.

After achieving the initial target in CSLFINANCE, we will aim for higher targets of 470.40 tomorrow.

However, if CSLFINANCE starts to trade below ₹456.20, then we will shift our focus to the sell side and aim for down targets of 446.80 and 442.00.