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

ICICI Securities Limited

Symbol: NSE:ISEC

ISIN: INE763G01038

777.45

As on 2024-07-23

607.85 (52W Low) 866.45 (52W High)

ISEC's Today's Performance

ICICI Securities Limited started the day by opening at 776.00 today 2024-07-23. Its shares reached a high of 789.50 and dipped to a low of 768.50 in intraday. When the markets closed, ISEC’s stock price settled at ₹777.45 per share. Also check out its key support and resistance levels.

ISEC Buy/Sell Targets

Tomorrow, buy ISEC when its price reaches ₹ 777.45 with a stop-loss order at ₹ 770.54. You can set the target price as ₹ 784.36 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 levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Down levels for ISEC

Downside Targets Value in ₹
Tomorrow Down Target 1 788
Tomorrow Down Target 2 799
Tomorrow Down Target 3 809

Important Levels for ISEC

Holding Levels Value in ₹
Tomorrow Up Target 1 767
Tomorrow Up Target 2 757
Tomorrow Up Target 3 746
Based on where the stock opens tomorrow, if ISEC opens on a positive note, our first target will be ₹788. If Target 1 is achieved, we will aim for Target 2 which is ₹799.

But if ISEC falls below the average value of ₹778.48, you can enter a sell side position with target number 1 - ₹767 and second target - ₹757 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 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, ISEC has been on a Downward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for ISEC is strong bearish.

Tomorrow's Volume based share price Forecast for ISEC

ISEC's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish 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 reverse its trend from upside (Short term bearish outlook) and we can get target of ₹773 in morning tomorrow
Target 1 tomorrow787
Target 2 tomorrow791
Target 3 tomorrow799
 

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 ₹788.47. If Target 1 is achieved, we will aim for Target 2 which is ₹799.48.

But if ISEC falls below the average value of ₹778.48, you can enter a sell side position with target number 1 - ₹767.47 and second target - ₹757.48

ISEC's Weekly Targets
1st Up Target 788.95
2nd Up Target 800.45
1st Down Target 766.50
2nd Down Target 755.55

As the week for ISEC ended on bullish sentiments, we can expect further continuation of this sentiment. ISEC's initial target will be 788.95 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 766.50 in the upcoming week.

Weekly OHLC Values
Open 776.10
High 789.50
Low 767.05
Close 777.45

Week for ISEC started with an open price of 776.10, and the close was at 777.45. ISEC reached the highest of 789.50 and dipped lowest up to 767.05 last week. This indicates a bullish sentiment for the week.

ISEC full month swing targets
Monthly Up Target 1 811.40
Monthly Up Target 2 822.90
Monthly Down Target 1 744.05
Monthly Down Target 2 710.65

Targets of ₹811.40 can be expected to be reached in the coming month. Once ISEC achieved this target, we can aim for the next upside target of ₹822.90.

ISEC if fails to hold upside, down targets of ₹744.05 and ₹710.65 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 788.47 in tomorrow's trading session.

After achieving the initial target in ISEC, we will aim for higher targets of 799.48 tomorrow.

However, if ISEC starts to trade below ₹778.48, then we will shift our focus to the sell side and aim for down targets of 767.47 and 757.48.