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

ICICI Securities Limited

Symbol: NSE:ISEC

ISIN: INE763G01038

732.00

As on 2024-04-12

428.05 (52W Low) 866.45 (52W High)

ISEC's Today's Performance

ICICI Securities Limited started the day by opening at 730.25 today 2024-04-12. Its shares reached a high of 735.45 and dipped to a low of 726.35 in intraday. When the markets closed, ISEC’s stock price settled at ₹732.00 per share. Also check out its key support and resistance levels.

ISEC Buy/Sell Targets

Tomorrow, buy ISEC when its price reaches ₹ 732.00 with a stop-loss order at ₹ 726.68. You can set the target price as ₹ 737.32 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 ISEC for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for ISEC

Resistance Levels Value in ₹
Tomorrow Resistance 1 736
Tomorrow Resistance 2 740
Tomorrow Resistance 3 745

Important Supports for ISEC

Support Levels Value in ₹
Tomorrow Support 1 727
Tomorrow Support 2 722
Tomorrow Support 3 718
Based on where the stock opens tomorrow, if ISEC opens on a positive note, our first target will be ₹736. If Target 1 is achieved, we will aim for Target 2 which is ₹740.

But if ISEC falls below the average value of ₹731.27, you can enter a sell side position with target number 1 - ₹727 and second target - ₹722 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 ISEC

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

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

Tomorrow's Volume based share price Forecast for ISEC

ISEC'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 50%.

Reversal detection for ISEC

Predicted trend chart of ISEC tomorrow for price forecast
ISEC may trend may continue to be bullish since stock is making higher highs and we can get target of ₹733 in morning tomorrow
Target 1 tomorrow735
Target 2 tomorrow737
Target 3 tomorrow740
 

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 ISEC'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 ISEC opens on a positive note, our first target will be ₹736.18. If Target 1 is achieved, we will aim for Target 2 which is ₹740.37.

But if ISEC falls below the average value of ₹731.27, you can enter a sell side position with target number 1 - ₹727.08 and second target - ₹722.17

ISEC's Weekly Targets
1st Up Target 740.87
2nd Up Target 749.73
1st Down Target 719.92
2nd Down Target 707.83

As the week for ISEC ended on bullish sentiments, we can expect further continuation of this sentiment. ISEC's initial target will be 740.87 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 719.92 in the upcoming week.

Weekly OHLC Values
Open 720.00
High 737.65
Low 716.70
Close 732.00

Week for ISEC started with an open price of 720.00, and the close was at 732.00. ISEC reached the highest of 737.65 and dipped lowest up to 716.70 last week. This indicates a bullish sentiment for the week.

ISEC full month swing targets
Monthly Up Target 1 761.82
Monthly Up Target 2 770.68
Monthly Down Target 1 698.97
Monthly Down Target 2 665.93

Targets of ₹761.82 can be expected to be reached in the coming month. Once ISEC achieved this target, we can aim for the next upside target of ₹770.68.

ISEC if fails to hold upside, down targets of ₹698.97 and ₹665.93 can be achieved by end of this month.

For complete three weeks if ISEC 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 ISEC

Symbol Name Industry
HDFCBANK HDFC Bank Limited Banks - Regional
ICICIBANK ICICI Bank Limited Banks - Regional
SBIN State Bank of India Banks - Regional
LICI Life Insurance Corporation Of India Insurance - Life
BAJFINANCE Bajaj Finance Limited Credit Services

Summary

ISEC is expected to reach the target of 736.18 in tomorrow's trading session.

After achieving the initial target in ISEC, we will aim for higher targets of 740.37 tomorrow.

However, if ISEC starts to trade below ₹731.27, then we will shift our focus to the sell side and aim for down targets of 727.08 and 722.17.