Stock Information Portal

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

Kaveri Seed Company Limited

Symbol: NSE:KSCL

ISIN: INE455I01029

993.05

As on 2024-07-23

535.00 (52W Low) 1,100.00 (52W High)

KSCL's Today's Performance

Kaveri Seed Company Limited started the day by opening at 980.00 today 2024-07-23. Its shares reached a high of 1,100.00 and dipped to a low of 962.10 in intraday. When the markets closed, KSCL’s stock price settled at ₹993.05 per share. Also check out its key support and resistance levels.

KSCL Buy/Sell Targets

Tomorrow, buy KSCL when its price reaches ₹ 993.05 with a stop-loss order at ₹ 958.85. You can set the target price as ₹ 1,027.25 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 KSCL 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 KSCL

Downside Targets Value in ₹
Tomorrow Down Target 1 1,075
Tomorrow Down Target 2 1,156
Tomorrow Down Target 3 1,213

Important Levels for KSCL

Holding Levels Value in ₹
Tomorrow Up Target 1 937
Tomorrow Up Target 2 880
Tomorrow Up Target 3 799
Based on where the stock opens tomorrow, if KSCL opens on a positive note, our first target will be ₹1,075. If Target 1 is achieved, we will aim for Target 2 which is ₹1,156.

But if KSCL falls below the average value of ₹1,018.38, you can enter a sell side position with target number 1 - ₹937 and second target - ₹880 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 KSCL

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

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

Tomorrow's Volume based share price Forecast for KSCL

KSCL's Volume is currently in a Increasing 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 -57%.

Reversal detection for KSCL

Predicted trend chart of KSCL tomorrow for price forecast
KSCL may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹970 in morning tomorrow
Target 1 tomorrow1071
Target 2 tomorrow1104
Target 3 tomorrow1156
 

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 KSCL'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 KSCL opens on a positive note, our first target will be ₹1,074.67. If Target 1 is achieved, we will aim for Target 2 which is ₹1,156.28.

But if KSCL falls below the average value of ₹1,018.38, you can enter a sell side position with target number 1 - ₹936.77 and second target - ₹880.48

KSCL's Weekly Targets
1st Up Target 1,078.37
2nd Up Target 1,163.68
1st Down Target 929.37
2nd Down Target 865.68

As the week for KSCL ended on bullish sentiments, we can expect further continuation of this sentiment. KSCL's initial target will be 1,078.37 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 929.37 in the upcoming week.

Weekly OHLC Values
Open 961.00
High 1,100.00
Low 951.00
Close 993.05

Week for KSCL started with an open price of 961.00, and the close was at 993.05. KSCL reached the highest of 1,100.00 and dipped lowest up to 951.00 last week. This indicates a bullish sentiment for the week.

KSCL full month swing targets
Monthly Up Target 1 1,227.37
Monthly Up Target 2 1,312.68
Monthly Down Target 1 780.37
Monthly Down Target 2 567.68

Targets of ₹1,227.37 can be expected to be reached in the coming month. Once KSCL achieved this target, we can aim for the next upside target of ₹1,312.68.

KSCL if fails to hold upside, down targets of ₹780.37 and ₹567.68 can be achieved by end of this month.

For complete three weeks if KSCL 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 KSCL

Symbol Name Industry
ULTRACEMCO UltraTech Cement Limited Building Materials
ASIANPAINT Asian Paints Limited Specialty Chemicals
JSWSTEEL JSW Steel Limited Steel
TATASTEEL Tata Steel Limited Steel
GRASIM Grasim Industries Limited Building Materials

Summary

KSCL is expected to reach the target of 1,074.67 in tomorrow's trading session.

After achieving the initial target in KSCL, we will aim for higher targets of 1,156.28 tomorrow.

However, if KSCL starts to trade below ₹1,018.38, then we will shift our focus to the sell side and aim for down targets of 936.77 and 880.48.