Price and trend forecast of GARFIBRES for Tomorrow, Weekly, Monthly
Garware Technical Fibres Limited
Symbol: NSE:GARFIBRES
ISIN: INE276A01018
787.80
As on 2025-01-22
GARFIBRES's Today's Performance
Garware Technical Fibres Limited started the day by opening at 775.00 today 2025-01-22. Its shares reached a high of 798.45 and dipped to a low of 762.65 in intraday. When the markets closed, GARFIBRES’s stock price settled at ₹787.80 per share. Also check out its key support and resistance levels.
GARFIBRES Buy/Sell Targets
Tomorrow, buy GARFIBRES when its price reaches ₹ 787.80 with a stop-loss order at ₹ 770.96. You can set the target price as ₹ 804.64 to capture potential gains. This buy 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 GARFIBRES 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 GARFIBRES
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 803 |
| Tomorrow Down Target 2 | 819 |
| Tomorrow Down Target 3 | 839 |
Important Levels for GARFIBRES
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 767 |
| Tomorrow Up Target 2 | 747 |
| Tomorrow Up Target 3 | 732 |
Based on where the stock opens tomorrow, if GARFIBRES opens on a positive note, our first target will be ₹803. If Target 1 is achieved, we will aim for Target 2 which is ₹819.
But if GARFIBRES falls below the average value of ₹782.97, you can enter a sell side position with target number 1 - ₹767 and second target - ₹747 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 GARFIBRES
Looking at GARFIBRES, 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, GARFIBRES has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for GARFIBRES is moderate bullish.
Tomorrow's Volume based share price Forecast for GARFIBRES
GARFIBRES'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 -1%.
Reversal detection for GARFIBRES
GARFIBRES may trend may continue to be bullish since stock is making higher highs and we can get target of ₹786 in morning tomorrow
| Target 1 tomorrow | 797 |
| Target 2 tomorrow | 805 |
| Target 3 tomorrow | 819 |
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 GARFIBRES'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 GARFIBRES opens on a positive note, our first target will be ₹803.28. If Target 1 is achieved, we will aim for Target 2 which is ₹818.77.
But if GARFIBRES falls below the average value of ₹782.97, you can enter a sell side position with target number 1 - ₹767.48 and second target - ₹747.17
GARFIBRES's Weekly Targets
| 1st Up Target | 818.98 |
| 2nd Up Target | 850.17 |
| 1st Down Target | 759.63 |
| 2nd Down Target | 731.47 |
As the week for GARFIBRES ended on bearish sentiments, we can expect further continuation of this sentiment. GARFIBRES's initial target will be 818.98 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 759.63 in the upcoming week.
Weekly OHLC Values
| Open | 822.00 |
| High | 822.00 |
| Low | 762.65 |
| Close | 787.80 |
Week for GARFIBRES started with an open price of 822.00, and the close was at 787.80. GARFIBRES reached the highest of 822.00 and dipped lowest up to 762.65 last week. This indicates a bearish sentiment for the week.
GARFIBRES full month swing targets
| Monthly Up Target 1 | 878.33 |
| Monthly Up Target 2 | 909.52 |
| Monthly Down Target 1 | 700.28 |
| Monthly Down Target 2 | 612.77 |
Targets of ₹878.33 can be expected to be reached in the coming month. Once GARFIBRES achieved this target, we can aim for the next upside target of ₹909.52.
GARFIBRES if fails to hold upside, down targets of ₹700.28 and ₹612.77 can be achieved by end of this month.
For complete three weeks if GARFIBRES 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 GARFIBRES
| Symbol | Name | Industry |
|---|---|---|
| MARUTI | Maruti Suzuki India Limited | Auto Manufacturers |
| TATAMTRDVR | Tata Motors Limited | Auto Manufacturers |
| TATAMOTORS | Tata Motors Limited | Auto Manufacturers |
| TITAN | Titan Company Limited | Luxury Goods |
| BAJAJ-AUTO | Bajaj Auto Limited | Auto Manufacturers |
Summary
GARFIBRES is expected to reach the target of 803.28 in tomorrow's trading session.
After achieving the initial target in GARFIBRES, we will aim for higher targets of 818.77 tomorrow.
However, if GARFIBRES starts to trade below ₹782.97, then we will shift our focus to the sell side and aim for down targets of 767.48 and 747.17.