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

Kriti Industries (India) Limited

Symbol: NSE:KRITI

ISIN: INE479D01038

133.20

As on 2024-04-19

88.40 (52W Low) 182.00 (52W High)

KRITI's Today's Performance

Kriti Industries (India) Limited started the day by opening at 133.70 today 2024-04-19. Its shares reached a high of 134.15 and dipped to a low of 129.65 in intraday. When the markets closed, KRITI’s stock price settled at ₹133.20 per share. Also check out its key support and resistance levels.

KRITI Buy/Sell Targets

Tomorrow, sell KRITI when its price reaches ₹ 133.20 with a stop-loss order at ₹ 135.97. You can set the target price as ₹ 130.43 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 KRITI 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 KRITI

Downside Targets Value in ₹
Tomorrow Down Target 1 135
Tomorrow Down Target 2 137
Tomorrow Down Target 3 140

Important Levels for KRITI

Holding Levels Value in ₹
Tomorrow Up Target 1 131
Tomorrow Up Target 2 128
Tomorrow Up Target 3 126
Based on where the stock opens tomorrow, if KRITI opens on a positive note, our first target will be ₹135. If Target 1 is achieved, we will aim for Target 2 which is ₹137.

But if KRITI falls below the average value of ₹132.33, you can enter a sell side position with target number 1 - ₹131 and second target - ₹128 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 KRITI

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

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

Tomorrow's Volume based share price Forecast for KRITI

KRITI'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 -37%.

Reversal detection for KRITI

Predicted trend chart of KRITI tomorrow for price forecast
KRITI may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹135 in morning tomorrow
Target 1 tomorrow134
Target 2 tomorrow135
Target 3 tomorrow137
 

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 KRITI'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 KRITI opens on a positive note, our first target will be ₹135.02. If Target 1 is achieved, we will aim for Target 2 which is ₹136.83.

But if KRITI falls below the average value of ₹132.33, you can enter a sell side position with target number 1 - ₹130.52 and second target - ₹127.83

KRITI's Weekly Targets
1st Up Target 138.12
2nd Up Target 143.03
1st Down Target 128.17
2nd Down Target 123.13

As the week for KRITI ended on bullish sentiments, we can expect further continuation of this sentiment. KRITI's initial target will be 138.12 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 128.17 in the upcoming week.

Weekly OHLC Values
Open 130.50
High 138.00
Low 128.05
Close 133.20

Week for KRITI started with an open price of 130.50, and the close was at 133.20. KRITI reached the highest of 138.00 and dipped lowest up to 128.05 last week. This indicates a bullish sentiment for the week.

KRITI full month swing targets
Monthly Up Target 1 148.07
Monthly Up Target 2 152.98
Monthly Down Target 1 118.22
Monthly Down Target 2 103.23

Targets of ₹148.07 can be expected to be reached in the coming month. Once KRITI achieved this target, we can aim for the next upside target of ₹152.98.

KRITI if fails to hold upside, down targets of ₹118.22 and ₹103.23 can be achieved by end of this month.

For complete three weeks if KRITI 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

KRITI is expected to reach the target of 135.02 in tomorrow's trading session.

After achieving the initial target in KRITI, we will aim for higher targets of 136.83 tomorrow.

However, if KRITI starts to trade below ₹132.33, then we will shift our focus to the sell side and aim for down targets of 130.52 and 127.83.