Price and trend forecast of KSL for Tomorrow, Weekly, Monthly
Kalyani Steels Limited
Symbol: NSE:KSL
ISIN: INE907A01026
835.80
As on 2025-02-07
KSL's Today's Performance
Kalyani Steels Limited started the day by opening at 826.50 today 2025-02-07. Its shares reached a high of 866.00 and dipped to a low of 818.00 in intraday. When the markets closed, KSL’s stock price settled at ₹835.80 per share. Also check out its key support and resistance levels.
KSL Buy/Sell Targets
Tomorrow, buy KSL when its price reaches ₹ 835.80 with a stop-loss order at ₹ 813.83. You can set the target price as ₹ 857.77 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 KSL 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 KSL
Downside Targets | Value in ₹ |
---|---|
Tomorrow Down Target 1 | 862 |
Tomorrow Down Target 2 | 888 |
Tomorrow Down Target 3 | 910 |
Important Levels for KSL
Holding Levels | Value in ₹ |
---|---|
Tomorrow Up Target 1 | 814 |
Tomorrow Up Target 2 | 792 |
Tomorrow Up Target 3 | 766 |
Based on where the stock opens tomorrow, if KSL opens on a positive note, our first target will be ₹862. If Target 1 is achieved, we will aim for Target 2 which is ₹888.
But if KSL falls below the average value of ₹839.93, you can enter a sell side position with target number 1 - ₹814 and second target - ₹792 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 KSL
Looking at KSL, 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, KSL has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for KSL is strong bearish.
Tomorrow's Volume based share price Forecast for KSL
KSL'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 97%.
Reversal detection for KSL
KSL may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹828 in morning tomorrow
Target 1 tomorrow | 858 |
Target 2 tomorrow | 870 |
Target 3 tomorrow | 888 |
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 KSL'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 KSL opens on a positive note, our first target will be ₹861.87. If Target 1 is achieved, we will aim for Target 2 which is ₹887.93.
But if KSL falls below the average value of ₹839.93, you can enter a sell side position with target number 1 - ₹813.87 and second target - ₹791.93
KSL's Weekly Targets
1st Up Target | 883.33 |
2nd Up Target | 930.87 |
1st Down Target | 772.93 |
2nd Down Target | 710.07 |
As the week for KSL ended on bearish sentiments, we can expect further continuation of this sentiment. KSL's initial target will be 883.33 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 772.93 in the upcoming week.
Weekly OHLC Values
Open | 868.00 |
High | 868.00 |
Low | 757.60 |
Close | 835.80 |
Week for KSL started with an open price of 868.00, and the close was at 835.80. KSL reached the highest of 868.00 and dipped lowest up to 757.60 last week. This indicates a bearish sentiment for the week.
KSL full month swing targets
Monthly Up Target 1 | 993.73 |
Monthly Up Target 2 | 1,041.27 |
Monthly Down Target 1 | 662.53 |
Monthly Down Target 2 | 489.27 |
Targets of ₹993.73 can be expected to be reached in the coming month. Once KSL achieved this target, we can aim for the next upside target of ₹1,041.27.
KSL if fails to hold upside, down targets of ₹662.53 and ₹489.27 can be achieved by end of this month.
For complete three weeks if KSL 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 KSL
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
KSL is expected to reach the target of 861.87 in tomorrow's trading session.
After achieving the initial target in KSL, we will aim for higher targets of 887.93 tomorrow.
However, if KSL starts to trade below ₹839.93, then we will shift our focus to the sell side and aim for down targets of 813.87 and 791.93.