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

Gokul Refoils and Solvent Limited

Symbol: NSE:GOKUL

ISIN: INE020J01029

42.39

As on 2024-07-26

29.55 (52W Low) 64.90 (52W High)

GOKUL's Today's Performance

Gokul Refoils and Solvent Limited started the day by opening at 41.70 today 2024-07-26. Its shares reached a high of 42.39 and dipped to a low of 41.27 in intraday. When the markets closed, GOKUL’s stock price settled at ₹42.39 per share. Also check out its key support and resistance levels.

GOKUL Buy/Sell Targets

Tomorrow, buy GOKUL when its price reaches ₹ 42.39 with a stop-loss order at ₹ 41.89. You can set the target price as ₹ 42.89 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 GOKUL 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 GOKUL

Downside Targets Value in ₹
Tomorrow Down Target 1 43
Tomorrow Down Target 2 43
Tomorrow Down Target 3 44

Important Levels for GOKUL

Holding Levels Value in ₹
Tomorrow Up Target 1 42
Tomorrow Up Target 2 41
Tomorrow Up Target 3 41
Based on where the stock opens tomorrow, if GOKUL opens on a positive note, our first target will be ₹43. If Target 1 is achieved, we will aim for Target 2 which is ₹43.

But if GOKUL falls below the average value of ₹42.02, you can enter a sell side position with target number 1 - ₹42 and second target - ₹41 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 GOKUL

Looking at GOKUL, we've seen a Increasing 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, GOKUL has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for GOKUL is strong bullish.

Tomorrow's Volume based share price Forecast for GOKUL

GOKUL's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 470%.

Reversal detection for GOKUL

Predicted trend chart of GOKUL tomorrow for price forecast
GOKUL may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹40 in morning tomorrow
Target 1 tomorrow42
Target 2 tomorrow43
Target 3 tomorrow43
 

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 GOKUL'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 GOKUL opens on a positive note, our first target will be ₹42.76. If Target 1 is achieved, we will aim for Target 2 which is ₹43.14.

But if GOKUL falls below the average value of ₹42.02, you can enter a sell side position with target number 1 - ₹41.64 and second target - ₹40.90

GOKUL's Weekly Targets
1st Up Target 43.79
2nd Up Target 45.18
1st Down Target 39.60
2nd Down Target 36.80

As the week for GOKUL ended on bullish sentiments, we can expect further continuation of this sentiment. GOKUL's initial target will be 43.79 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 39.60 in the upcoming week.

Weekly OHLC Values
Open 39.00
High 42.39
Low 38.20
Close 42.39

Week for GOKUL started with an open price of 39.00, and the close was at 42.39. GOKUL reached the highest of 42.39 and dipped lowest up to 38.20 last week. This indicates a bullish sentiment for the week.

GOKUL full month swing targets
Monthly Up Target 1 47.98
Monthly Up Target 2 49.37
Monthly Down Target 1 35.41
Monthly Down Target 2 28.42

Targets of ₹47.98 can be expected to be reached in the coming month. Once GOKUL achieved this target, we can aim for the next upside target of ₹49.37.

GOKUL if fails to hold upside, down targets of ₹35.41 and ₹28.42 can be achieved by end of this month.

For complete three weeks if GOKUL 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

GOKUL is expected to reach the target of 42.76 in tomorrow's trading session.

After achieving the initial target in GOKUL, we will aim for higher targets of 43.14 tomorrow.

However, if GOKUL starts to trade below ₹42.02, then we will shift our focus to the sell side and aim for down targets of 41.64 and 40.90.