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

GRM Overseas Limited

Symbol: NSE:GRMOVER

ISIN: INE192H01020

240.06

As on 2025-02-07

113.00 (52W Low) 289.00 (52W High)

GRMOVER's Today's Performance

GRM Overseas Limited started the day by opening at 243.45 today 2025-02-07. Its shares reached a high of 246.70 and dipped to a low of 233.85 in intraday. When the markets closed, GRMOVER’s stock price settled at ₹240.06 per share. Also check out its key support and resistance levels.

GRMOVER Buy/Sell Targets

Tomorrow, sell GRMOVER when its price reaches ₹ 240.06 with a stop-loss order at ₹ 246.71. You can set the target price as ₹ 233.41 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 GRMOVER 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 GRMOVER

Downside Targets Value in ₹
Tomorrow Down Target 1 247
Tomorrow Down Target 2 253
Tomorrow Down Target 3 259

Important Levels for GRMOVER

Holding Levels Value in ₹
Tomorrow Up Target 1 234
Tomorrow Up Target 2 227
Tomorrow Up Target 3 221
Based on where the stock opens tomorrow, if GRMOVER opens on a positive note, our first target will be ₹247. If Target 1 is achieved, we will aim for Target 2 which is ₹253.

But if GRMOVER falls below the average value of ₹240.20, you can enter a sell side position with target number 1 - ₹234 and second target - ₹227 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 GRMOVER

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

Based on this, the predicted sentiment for GRMOVER is moderate bullish.

Tomorrow's Volume based share price Forecast for GRMOVER

GRMOVER's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 96%.

Reversal detection for GRMOVER

Predicted trend chart of GRMOVER tomorrow for price forecast
GRMOVER may trend may continue to be bearish since stock is making lower low and we can get target of ₹239 in morning tomorrow
Target 1 tomorrow245
Target 2 tomorrow248
Target 3 tomorrow253
 

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 GRMOVER'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 GRMOVER opens on a positive note, our first target will be ₹246.56. If Target 1 is achieved, we will aim for Target 2 which is ₹253.05.

But if GRMOVER falls below the average value of ₹240.20, you can enter a sell side position with target number 1 - ₹233.71 and second target - ₹227.35

GRMOVER's Weekly Targets
1st Up Target 248.46
2nd Up Target 256.85
1st Down Target 229.91
2nd Down Target 219.75

As the week for GRMOVER ended on bullish sentiments, we can expect further continuation of this sentiment. GRMOVER's initial target will be 248.46 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 229.91 in the upcoming week.

Weekly OHLC Values
Open 234.00
High 246.70
Low 228.15
Close 240.06

Week for GRMOVER started with an open price of 234.00, and the close was at 240.06. GRMOVER reached the highest of 246.70 and dipped lowest up to 228.15 last week. This indicates a bullish sentiment for the week.

GRMOVER full month swing targets
Monthly Up Target 1 267.01
Monthly Up Target 2 275.40
Monthly Down Target 1 211.36
Monthly Down Target 2 182.65

Targets of ₹267.01 can be expected to be reached in the coming month. Once GRMOVER achieved this target, we can aim for the next upside target of ₹275.40.

GRMOVER if fails to hold upside, down targets of ₹211.36 and ₹182.65 can be achieved by end of this month.

For complete three weeks if GRMOVER 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

GRMOVER is expected to reach the target of 246.56 in tomorrow's trading session.

After achieving the initial target in GRMOVER, we will aim for higher targets of 253.05 tomorrow.

However, if GRMOVER starts to trade below ₹240.20, then we will shift our focus to the sell side and aim for down targets of 233.71 and 227.35.