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

Gufic Biosciences Limited

Symbol: NSE:GUFICBIO

ISIN: INE742B01025

432.30

As on 2024-12-20

277.65 (52W Low) 504.25 (52W High)

GUFICBIO's Today's Performance

Gufic Biosciences Limited started the day by opening at 438.55 today 2024-12-20. Its shares reached a high of 450.25 and dipped to a low of 430.00 in intraday. When the markets closed, GUFICBIO’s stock price settled at ₹432.30 per share. Also check out its key support and resistance levels.

GUFICBIO Buy/Sell Targets

Tomorrow, sell GUFICBIO when its price reaches ₹ 432.30 with a stop-loss order at ₹ 444.99. You can set the target price as ₹ 419.61 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 GUFICBIO 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 GUFICBIO

Downside Targets Value in ₹
Tomorrow Down Target 1 445
Tomorrow Down Target 2 458
Tomorrow Down Target 3 465

Important Levels for GUFICBIO

Holding Levels Value in ₹
Tomorrow Up Target 1 425
Tomorrow Up Target 2 417
Tomorrow Up Target 3 405
Based on where the stock opens tomorrow, if GUFICBIO opens on a positive note, our first target will be ₹445. If Target 1 is achieved, we will aim for Target 2 which is ₹458.

But if GUFICBIO falls below the average value of ₹437.52, you can enter a sell side position with target number 1 - ₹425 and second target - ₹417 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 GUFICBIO

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

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

Tomorrow's Volume based share price Forecast for GUFICBIO

GUFICBIO'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 13%.

Reversal detection for GUFICBIO

Predicted trend chart of GUFICBIO tomorrow for price forecast
GUFICBIO may trend may continue to be bearish since stock is making lower low and we can get target of ₹447 in morning tomorrow
Target 1 tomorrow445
Target 2 tomorrow450
Target 3 tomorrow458
 

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 GUFICBIO'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 GUFICBIO opens on a positive note, our first target will be ₹445.03. If Target 1 is achieved, we will aim for Target 2 which is ₹457.77.

But if GUFICBIO falls below the average value of ₹437.52, you can enter a sell side position with target number 1 - ₹424.78 and second target - ₹417.27

GUFICBIO's Weekly Targets
1st Up Target 455.82
2nd Up Target 479.33
1st Down Target 417.02
2nd Down Target 401.73

As the week for GUFICBIO ended on bullish sentiments, we can expect further continuation of this sentiment. GUFICBIO's initial target will be 455.82 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 417.02 in the upcoming week.

Weekly OHLC Values
Open 431.85
High 464.05
Low 425.25
Close 432.30

Week for GUFICBIO started with an open price of 431.85, and the close was at 432.30. GUFICBIO reached the highest of 464.05 and dipped lowest up to 425.25 last week. This indicates a bullish sentiment for the week.

GUFICBIO full month swing targets
Monthly Up Target 1 494.62
Monthly Up Target 2 518.13
Monthly Down Target 1 378.22
Monthly Down Target 2 324.13

Targets of ₹494.62 can be expected to be reached in the coming month. Once GUFICBIO achieved this target, we can aim for the next upside target of ₹518.13.

GUFICBIO if fails to hold upside, down targets of ₹378.22 and ₹324.13 can be achieved by end of this month.

For complete three weeks if GUFICBIO 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 GUFICBIO

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ZYDUSLIFE Zydus Lifesciences Limited Drug Manufacturers - Specialty & Generic
APOLLOHOSP Apollo Hospitals Enterprise Limited Medical Care Facilities

Summary

GUFICBIO is expected to reach the target of 445.03 in tomorrow's trading session.

After achieving the initial target in GUFICBIO, we will aim for higher targets of 457.77 tomorrow.

However, if GUFICBIO starts to trade below ₹437.52, then we will shift our focus to the sell side and aim for down targets of 424.78 and 417.27.