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

KRBL Limited

Symbol: NSE:KRBL

ISIN: INE001B01026

307.00

As on 2024-07-26

258.15 (52W Low) 470.90 (52W High)

KRBL's Today's Performance

KRBL Limited started the day by opening at 307.00 today 2024-07-26. Its shares reached a high of 310.65 and dipped to a low of 304.50 in intraday. When the markets closed, KRBL’s stock price settled at ₹307.00 per share. Also check out its key support and resistance levels.

KRBL Buy/Sell Targets

Tomorrow, buy KRBL when its price reaches ₹ 307.00 with a stop-loss order at ₹ 301.04. You can set the target price as ₹ 312.96 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 KRBL 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 KRBL

Downside Targets Value in ₹
Tomorrow Down Target 1 310
Tomorrow Down Target 2 314
Tomorrow Down Target 3 316

Important Levels for KRBL

Holding Levels Value in ₹
Tomorrow Up Target 1 304
Tomorrow Up Target 2 301
Tomorrow Up Target 3 298
Based on where the stock opens tomorrow, if KRBL opens on a positive note, our first target will be ₹310. If Target 1 is achieved, we will aim for Target 2 which is ₹314.

But if KRBL falls below the average value of ₹307.38, you can enter a sell side position with target number 1 - ₹304 and second target - ₹301 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 KRBL

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

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

Tomorrow's Volume based share price Forecast for KRBL

KRBL'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 11%.

Reversal detection for KRBL

Predicted trend chart of KRBL tomorrow for price forecast
KRBL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹310 in morning tomorrow
Target 1 tomorrow310
Target 2 tomorrow311
Target 3 tomorrow314
 

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 KRBL'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 KRBL opens on a positive note, our first target will be ₹310.27. If Target 1 is achieved, we will aim for Target 2 which is ₹313.53.

But if KRBL falls below the average value of ₹307.38, you can enter a sell side position with target number 1 - ₹304.12 and second target - ₹301.23

KRBL's Weekly Targets
1st Up Target 322.35
2nd Up Target 337.70
1st Down Target 291.40
2nd Down Target 275.80

As the week for KRBL ended on bullish sentiments, we can expect further continuation of this sentiment. KRBL's initial target will be 322.35 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 291.40 in the upcoming week.

Weekly OHLC Values
Open 304.75
High 322.10
Low 291.15
Close 307.00

Week for KRBL started with an open price of 304.75, and the close was at 307.00. KRBL reached the highest of 322.10 and dipped lowest up to 291.15 last week. This indicates a bullish sentiment for the week.

KRBL full month swing targets
Monthly Up Target 1 353.30
Monthly Up Target 2 368.65
Monthly Down Target 1 260.45
Monthly Down Target 2 213.90

Targets of ₹353.30 can be expected to be reached in the coming month. Once KRBL achieved this target, we can aim for the next upside target of ₹368.65.

KRBL if fails to hold upside, down targets of ₹260.45 and ₹213.90 can be achieved by end of this month.

For complete three weeks if KRBL 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

KRBL is expected to reach the target of 310.27 in tomorrow's trading session.

After achieving the initial target in KRBL, we will aim for higher targets of 313.53 tomorrow.

However, if KRBL starts to trade below ₹307.38, then we will shift our focus to the sell side and aim for down targets of 304.12 and 301.23.