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

GOCL Corporation Limited

Symbol: NSE:GOCLCORP

ISIN: INE077F01035

436.55

As on 2024-04-19

294.90 (52W Low) 640.85 (52W High)

GOCLCORP's Today's Performance

GOCL Corporation Limited started the day by opening at 436.00 today 2024-04-19. Its shares reached a high of 442.00 and dipped to a low of 425.40 in intraday. When the markets closed, GOCLCORP’s stock price settled at ₹436.55 per share. Also check out its key support and resistance levels.

GOCLCORP Buy/Sell Targets

Tomorrow, sell GOCLCORP when its price reaches ₹ 436.55 with a stop-loss order at ₹ 443.76. You can set the target price as ₹ 429.34 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 GOCLCORP 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 GOCLCORP

Downside Targets Value in ₹
Tomorrow Down Target 1 444
Tomorrow Down Target 2 451
Tomorrow Down Target 3 461

Important Levels for GOCLCORP

Holding Levels Value in ₹
Tomorrow Up Target 1 427
Tomorrow Up Target 2 418
Tomorrow Up Target 3 411
Based on where the stock opens tomorrow, if GOCLCORP opens on a positive note, our first target will be ₹444. If Target 1 is achieved, we will aim for Target 2 which is ₹451.

But if GOCLCORP falls below the average value of ₹434.65, you can enter a sell side position with target number 1 - ₹427 and second target - ₹418 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 GOCLCORP

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

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

Tomorrow's Volume based share price Forecast for GOCLCORP

GOCLCORP'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 -24%.

Reversal detection for GOCLCORP

Predicted trend chart of GOCLCORP tomorrow for price forecast
GOCLCORP may trend may continue to be bearish since stock is making lower low and we can get target of ₹442 in morning tomorrow
Target 1 tomorrow441
Target 2 tomorrow445
Target 3 tomorrow451
 

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 GOCLCORP'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 GOCLCORP opens on a positive note, our first target will be ₹443.90. If Target 1 is achieved, we will aim for Target 2 which is ₹451.25.

But if GOCLCORP falls below the average value of ₹434.65, you can enter a sell side position with target number 1 - ₹427.30 and second target - ₹418.05

GOCLCORP's Weekly Targets
1st Up Target 454.65
2nd Up Target 472.75
1st Down Target 416.95
2nd Down Target 397.35

As the week for GOCLCORP ended on bearish sentiments, we can expect further continuation of this sentiment. GOCLCORP's initial target will be 454.65 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 416.95 in the upcoming week.

Weekly OHLC Values
Open 441.00
High 453.15
Low 415.45
Close 436.55

Week for GOCLCORP started with an open price of 441.00, and the close was at 436.55. GOCLCORP reached the highest of 453.15 and dipped lowest up to 415.45 last week. This indicates a bearish sentiment for the week.

GOCLCORP full month swing targets
Monthly Up Target 1 492.35
Monthly Up Target 2 510.45
Monthly Down Target 1 379.25
Monthly Down Target 2 321.95

Targets of ₹492.35 can be expected to be reached in the coming month. Once GOCLCORP achieved this target, we can aim for the next upside target of ₹510.45.

GOCLCORP if fails to hold upside, down targets of ₹379.25 and ₹321.95 can be achieved by end of this month.

For complete three weeks if GOCLCORP 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

GOCLCORP is expected to reach the target of 443.90 in tomorrow's trading session.

After achieving the initial target in GOCLCORP, we will aim for higher targets of 451.25 tomorrow.

However, if GOCLCORP starts to trade below ₹434.65, then we will shift our focus to the sell side and aim for down targets of 427.30 and 418.05.