Price and trend forecast of KRITINUT for Tomorrow, Weekly, Monthly
Kriti Nutrients Limited
Symbol: NSE:KRITINUT
ISIN: INE798K01010
128.45
As on 2024-12-26
KRITINUT's Today's Performance
Kriti Nutrients Limited started the day by opening at 130.00 today 2024-12-26. Its shares reached a high of 133.38 and dipped to a low of 128.06 in intraday. When the markets closed, KRITINUT’s stock price settled at ₹128.45 per share. Also check out its key support and resistance levels.
KRITINUT Buy/Sell Targets
Tomorrow, sell KRITINUT when its price reaches ₹ 128.45 with a stop-loss order at ₹ 131.74. You can set the target price as ₹ 125.16 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 KRITINUT 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 KRITINUT
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 132 |
| Tomorrow Down Target 2 | 135 |
| Tomorrow Down Target 3 | 137 |
Important Levels for KRITINUT
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 127 |
| Tomorrow Up Target 2 | 125 |
| Tomorrow Up Target 3 | 121 |
Based on where the stock opens tomorrow, if KRITINUT opens on a positive note, our first target will be ₹132. If Target 1 is achieved, we will aim for Target 2 which is ₹135.
But if KRITINUT falls below the average value of ₹129.96, you can enter a sell side position with target number 1 - ₹127 and second target - ₹125 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 KRITINUT
Looking at KRITINUT, 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, KRITINUT has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for KRITINUT is moderate bearish.
Tomorrow's Volume based share price Forecast for KRITINUT
KRITINUT'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 -26%.
Reversal detection for KRITINUT
KRITINUT may trend may continue to be bearish since stock is making lower low and we can get target of ₹131 in morning tomorrow
| Target 1 tomorrow | 132 |
| Target 2 tomorrow | 133 |
| Target 3 tomorrow | 135 |
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 KRITINUT'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 KRITINUT opens on a positive note, our first target will be ₹131.87. If Target 1 is achieved, we will aim for Target 2 which is ₹135.28.
But if KRITINUT falls below the average value of ₹129.96, you can enter a sell side position with target number 1 - ₹126.55 and second target - ₹124.64
KRITINUT's Weekly Targets
| 1st Up Target | 133.76 |
| 2nd Up Target | 139.07 |
| 1st Down Target | 124.63 |
| 2nd Down Target | 120.81 |
As the week for KRITINUT ended on bullish sentiments, we can expect further continuation of this sentiment. KRITINUT's initial target will be 133.76 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 124.63 in the upcoming week.
Weekly OHLC Values
| Open | 126.12 |
| High | 135.25 |
| Low | 126.12 |
| Close | 128.45 |
Week for KRITINUT started with an open price of 126.12, and the close was at 128.45. KRITINUT reached the highest of 135.25 and dipped lowest up to 126.12 last week. This indicates a bullish sentiment for the week.
KRITINUT full month swing targets
| Monthly Up Target 1 | 142.89 |
| Monthly Up Target 2 | 148.20 |
| Monthly Down Target 1 | 115.50 |
| Monthly Down Target 2 | 102.55 |
Targets of ₹142.89 can be expected to be reached in the coming month. Once KRITINUT achieved this target, we can aim for the next upside target of ₹148.20.
KRITINUT if fails to hold upside, down targets of ₹115.50 and ₹102.55 can be achieved by end of this month.
For complete three weeks if KRITINUT 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 KRITINUT
| Symbol | Name | Industry |
|---|---|---|
| ITC | ITC Limited | Tobacco |
| HINDUNILVR | Hindustan Unilever Limited | Household & Personal Products |
| DMART | Avenue Supermarts Limited | Discount Stores |
| NESTLEIND | Nestle India Limited | Packaged Foods |
| VBL | Varun Beverages Limited | Beverages - Non-Alcoholic |
Summary
KRITINUT is expected to reach the target of 131.87 in tomorrow's trading session.
After achieving the initial target in KRITINUT, we will aim for higher targets of 135.28 tomorrow.
However, if KRITINUT starts to trade below ₹129.96, then we will shift our focus to the sell side and aim for down targets of 126.55 and 124.64.