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

Global Education Limited

Symbol: NSE:GLOBAL

ISIN: INE291W01029

181.00

As on 2024-07-19

162.05 (52W Low) 382.70 (52W High)

GLOBAL's Today's Performance

Global Education Limited started the day by opening at 183.50 today 2024-07-19. Its shares reached a high of 183.50 and dipped to a low of 181.00 in intraday. When the markets closed, GLOBAL’s stock price settled at ₹181.00 per share. Also check out its key support and resistance levels.

GLOBAL Buy/Sell Targets

Tomorrow, sell GLOBAL when its price reaches ₹ 181.00 with a stop-loss order at ₹ 181.42. You can set the target price as ₹ 180.58 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 GLOBAL 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 GLOBAL

Downside Targets Value in ₹
Tomorrow Down Target 1 183
Tomorrow Down Target 2 184
Tomorrow Down Target 3 185

Important Levels for GLOBAL

Holding Levels Value in ₹
Tomorrow Up Target 1 180
Tomorrow Up Target 2 179
Tomorrow Up Target 3 178
Based on where the stock opens tomorrow, if GLOBAL opens on a positive note, our first target will be ₹183. If Target 1 is achieved, we will aim for Target 2 which is ₹184.

But if GLOBAL falls below the average value of ₹181.83, you can enter a sell side position with target number 1 - ₹180 and second target - ₹179 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 GLOBAL

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

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

Tomorrow's Volume based share price Forecast for GLOBAL

GLOBAL'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 -52%.

Reversal detection for GLOBAL

Predicted trend chart of GLOBAL tomorrow for price forecast
GLOBAL may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹184 in morning tomorrow
Target 1 tomorrow183
Target 2 tomorrow183
Target 3 tomorrow184
 

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 GLOBAL'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 GLOBAL opens on a positive note, our first target will be ₹182.67. If Target 1 is achieved, we will aim for Target 2 which is ₹184.33.

But if GLOBAL falls below the average value of ₹181.83, you can enter a sell side position with target number 1 - ₹180.17 and second target - ₹179.33

GLOBAL's Weekly Targets
1st Up Target 183.28
2nd Up Target 185.57
1st Down Target 179.43
2nd Down Target 177.87

As the week for GLOBAL ended on bullish sentiments, we can expect further continuation of this sentiment. GLOBAL's initial target will be 183.28 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 179.43 in the upcoming week.

Weekly OHLC Values
Open 180.15
High 184.00
Low 180.15
Close 181.00

Week for GLOBAL started with an open price of 180.15, and the close was at 181.00. GLOBAL reached the highest of 184.00 and dipped lowest up to 180.15 last week. This indicates a bullish sentiment for the week.

GLOBAL full month swing targets
Monthly Up Target 1 187.13
Monthly Up Target 2 189.42
Monthly Down Target 1 175.58
Monthly Down Target 2 170.17

Targets of ₹187.13 can be expected to be reached in the coming month. Once GLOBAL achieved this target, we can aim for the next upside target of ₹189.42.

GLOBAL if fails to hold upside, down targets of ₹175.58 and ₹170.17 can be achieved by end of this month.

For complete three weeks if GLOBAL 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

GLOBAL is expected to reach the target of 182.67 in tomorrow's trading session.

After achieving the initial target in GLOBAL, we will aim for higher targets of 184.33 tomorrow.

However, if GLOBAL starts to trade below ₹181.83, then we will shift our focus to the sell side and aim for down targets of 180.17 and 179.33.