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

GE Power India Limited

Symbol: NSE:GEPIL

ISIN: INE878A01011

388.65

As on 2024-10-09

157.75 (52W Low) 646.00 (52W High)

GEPIL's Today's Performance

GE Power India Limited started the day by opening at 387.95 today 2024-10-09. Its shares reached a high of 393.80 and dipped to a low of 382.15 in intraday. When the markets closed, GEPIL’s stock price settled at ₹388.65 per share. Also check out its key support and resistance levels.

GEPIL Buy/Sell Targets

Tomorrow, buy GEPIL when its price reaches ₹ 388.65 with a stop-loss order at ₹ 378.37. You can set the target price as ₹ 398.93 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 GEPIL 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 GEPIL

Downside Targets Value in ₹
Tomorrow Down Target 1 394
Tomorrow Down Target 2 400
Tomorrow Down Target 3 406

Important Levels for GEPIL

Holding Levels Value in ₹
Tomorrow Up Target 1 383
Tomorrow Up Target 2 377
Tomorrow Up Target 3 371
Based on where the stock opens tomorrow, if GEPIL opens on a positive note, our first target will be ₹394. If Target 1 is achieved, we will aim for Target 2 which is ₹400.

But if GEPIL falls below the average value of ₹388.20, you can enter a sell side position with target number 1 - ₹383 and second target - ₹377 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 GEPIL

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

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

Tomorrow's Volume based share price Forecast for GEPIL

GEPIL'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 -5%.

Reversal detection for GEPIL

Predicted trend chart of GEPIL tomorrow for price forecast
GEPIL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹372 in morning tomorrow
Target 1 tomorrow393
Target 2 tomorrow395
Target 3 tomorrow400
 

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 GEPIL'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 GEPIL opens on a positive note, our first target will be ₹394.25. If Target 1 is achieved, we will aim for Target 2 which is ₹399.85.

But if GEPIL falls below the average value of ₹388.20, you can enter a sell side position with target number 1 - ₹382.60 and second target - ₹376.55

GEPIL's Weekly Targets
1st Up Target 403.42
2nd Up Target 418.18
1st Down Target 364.27
2nd Down Target 339.88

As the week for GEPIL ended on bullish sentiments, we can expect further continuation of this sentiment. GEPIL's initial target will be 403.42 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 364.27 in the upcoming week.

Weekly OHLC Values
Open 382.00
High 393.80
Low 354.65
Close 388.65

Week for GEPIL started with an open price of 382.00, and the close was at 388.65. GEPIL reached the highest of 393.80 and dipped lowest up to 354.65 last week. This indicates a bullish sentiment for the week.

GEPIL full month swing targets
Monthly Up Target 1 442.57
Monthly Up Target 2 457.33
Monthly Down Target 1 325.12
Monthly Down Target 2 261.58

Targets of ₹442.57 can be expected to be reached in the coming month. Once GEPIL achieved this target, we can aim for the next upside target of ₹457.33.

GEPIL if fails to hold upside, down targets of ₹325.12 and ₹261.58 can be achieved by end of this month.

For complete three weeks if GEPIL 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

GEPIL is expected to reach the target of 394.25 in tomorrow's trading session.

After achieving the initial target in GEPIL, we will aim for higher targets of 399.85 tomorrow.

However, if GEPIL starts to trade below ₹388.20, then we will shift our focus to the sell side and aim for down targets of 382.60 and 376.55.