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

Kolte - Patil Developers Limited

Symbol: NSE:KOLTEPATIL

ISIN: INE094I01018

413.45

As on 2024-07-12

361.80 (52W Low) 585.00 (52W High)

KOLTEPATIL's Today's Performance

Kolte - Patil Developers Limited started the day by opening at 411.60 today 2024-07-12. Its shares reached a high of 417.55 and dipped to a low of 411.00 in intraday. When the markets closed, KOLTEPATIL’s stock price settled at ₹413.45 per share. Also check out its key support and resistance levels.

KOLTEPATIL Buy/Sell Targets

Tomorrow, buy KOLTEPATIL when its price reaches ₹ 413.45 with a stop-loss order at ₹ 408.23. You can set the target price as ₹ 418.67 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 KOLTEPATIL 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 KOLTEPATIL

Downside Targets Value in ₹
Tomorrow Down Target 1 417
Tomorrow Down Target 2 421
Tomorrow Down Target 3 424

Important Levels for KOLTEPATIL

Holding Levels Value in ₹
Tomorrow Up Target 1 410
Tomorrow Up Target 2 407
Tomorrow Up Target 3 404
Based on where the stock opens tomorrow, if KOLTEPATIL opens on a positive note, our first target will be ₹417. If Target 1 is achieved, we will aim for Target 2 which is ₹421.

But if KOLTEPATIL falls below the average value of ₹414.00, you can enter a sell side position with target number 1 - ₹410 and second target - ₹407 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 KOLTEPATIL

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

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

Tomorrow's Volume based share price Forecast for KOLTEPATIL

KOLTEPATIL'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 -83%.

Reversal detection for KOLTEPATIL

Predicted trend chart of KOLTEPATIL tomorrow for price forecast
KOLTEPATIL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹414 in morning tomorrow
Target 1 tomorrow417
Target 2 tomorrow418
Target 3 tomorrow421
 

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 KOLTEPATIL'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 KOLTEPATIL opens on a positive note, our first target will be ₹417.00. If Target 1 is achieved, we will aim for Target 2 which is ₹420.55.

But if KOLTEPATIL falls below the average value of ₹414.00, you can enter a sell side position with target number 1 - ₹410.45 and second target - ₹407.45

KOLTEPATIL's Weekly Targets
1st Up Target 426.97
2nd Up Target 440.48
1st Down Target 403.02
2nd Down Target 392.58

As the week for KOLTEPATIL ended on bearish sentiments, we can expect further continuation of this sentiment. KOLTEPATIL's initial target will be 426.97 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 403.02 in the upcoming week.

Weekly OHLC Values
Open 430.05
High 430.05
Low 406.10
Close 413.45

Week for KOLTEPATIL started with an open price of 430.05, and the close was at 413.45. KOLTEPATIL reached the highest of 430.05 and dipped lowest up to 406.10 last week. This indicates a bearish sentiment for the week.

KOLTEPATIL full month swing targets
Monthly Up Target 1 450.92
Monthly Up Target 2 464.43
Monthly Down Target 1 379.07
Monthly Down Target 2 344.68

Targets of ₹450.92 can be expected to be reached in the coming month. Once KOLTEPATIL achieved this target, we can aim for the next upside target of ₹464.43.

KOLTEPATIL if fails to hold upside, down targets of ₹379.07 and ₹344.68 can be achieved by end of this month.

For complete three weeks if KOLTEPATIL 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 KOLTEPATIL

Symbol Name Industry
DLF DLF Limited Real Estate - Development
LODHA Macrotech Developers Limited Real Estate - Development
GODREJPROP Godrej Properties Limited Real Estate - Development
OBEROIRLTY Oberoi Realty Limited Real Estate - Development
PHOENIXLTD The Phoenix Mills Limited Real Estate - Diversified

Summary

KOLTEPATIL is expected to reach the target of 417.00 in tomorrow's trading session.

After achieving the initial target in KOLTEPATIL, we will aim for higher targets of 420.55 tomorrow.

However, if KOLTEPATIL starts to trade below ₹414.00, then we will shift our focus to the sell side and aim for down targets of 410.45 and 407.45.