Price and trend forecast of GPTINFRA for Tomorrow, Weekly, Monthly
GPT Infraprojects Limited
Symbol: NSE:GPTINFRA
ISIN: INE390G01014
147.48
As on 2024-10-11
GPTINFRA's Today's Performance
GPT Infraprojects Limited started the day by opening at 153.50 today 2024-10-11. Its shares reached a high of 154.39 and dipped to a low of 146.20 in intraday. When the markets closed, GPTINFRA’s stock price settled at ₹147.48 per share. Also check out its key support and resistance levels.
GPTINFRA Buy/Sell Targets
Tomorrow, sell GPTINFRA when its price reaches ₹ 147.48 with a stop-loss order at ₹ 151.11. You can set the target price as ₹ 143.85 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 GPTINFRA 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 GPTINFRA
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 153 |
| Tomorrow Down Target 2 | 158 |
| Tomorrow Down Target 3 | 161 |
Important Levels for GPTINFRA
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 144 |
| Tomorrow Up Target 2 | 141 |
| Tomorrow Up Target 3 | 136 |
Based on where the stock opens tomorrow, if GPTINFRA opens on a positive note, our first target will be ₹153. If Target 1 is achieved, we will aim for Target 2 which is ₹158.
But if GPTINFRA falls below the average value of ₹149.36, you can enter a sell side position with target number 1 - ₹144 and second target - ₹141 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 GPTINFRA
Looking at GPTINFRA, 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, GPTINFRA has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for GPTINFRA is moderate bearish.
Tomorrow's Volume based share price Forecast for GPTINFRA
GPTINFRA'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 -54%.
Reversal detection for GPTINFRA
GPTINFRA may trend may continue to be bearish since stock is making lower low and we can get target of ₹153 in morning tomorrow
| Target 1 tomorrow | 152 |
| Target 2 tomorrow | 154 |
| Target 3 tomorrow | 158 |
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 GPTINFRA'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 GPTINFRA opens on a positive note, our first target will be ₹152.51. If Target 1 is achieved, we will aim for Target 2 which is ₹157.55.
But if GPTINFRA falls below the average value of ₹149.36, you can enter a sell side position with target number 1 - ₹144.32 and second target - ₹141.17
GPTINFRA's Weekly Targets
| 1st Up Target | 158.60 |
| 2nd Up Target | 169.73 |
| 1st Down Target | 133.75 |
| 2nd Down Target | 120.03 |
As the week for GPTINFRA ended on bearish sentiments, we can expect further continuation of this sentiment. GPTINFRA's initial target will be 158.60 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 133.75 in the upcoming week.
Weekly OHLC Values
| Open | 148.79 |
| High | 156.00 |
| Low | 131.15 |
| Close | 147.48 |
Week for GPTINFRA started with an open price of 148.79, and the close was at 147.48. GPTINFRA reached the highest of 156.00 and dipped lowest up to 131.15 last week. This indicates a bearish sentiment for the week.
GPTINFRA full month swing targets
| Monthly Up Target 1 | 183.45 |
| Monthly Up Target 2 | 194.58 |
| Monthly Down Target 1 | 108.90 |
| Monthly Down Target 2 | 70.33 |
Targets of ₹183.45 can be expected to be reached in the coming month. Once GPTINFRA achieved this target, we can aim for the next upside target of ₹194.58.
GPTINFRA if fails to hold upside, down targets of ₹108.90 and ₹70.33 can be achieved by end of this month.
For complete three weeks if GPTINFRA 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 GPTINFRA
| Symbol | Name | Industry |
|---|---|---|
| LT | Larsen & Toubro Limited | Engineering & Construction |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
| HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
| SIEMENS | Siemens Limited | Specialty Industrial Machinery |
| BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
GPTINFRA is expected to reach the target of 152.51 in tomorrow's trading session.
After achieving the initial target in GPTINFRA, we will aim for higher targets of 157.55 tomorrow.
However, if GPTINFRA starts to trade below ₹149.36, then we will shift our focus to the sell side and aim for down targets of 144.32 and 141.17.