Price and trend forecast of MADHUCON for Tomorrow, Weekly, Monthly
Madhucon Projects Limited
Symbol: NSE:MADHUCON
ISIN: INE378D01032
7.81
As on 2025-02-07
MADHUCON's Today's Performance
Madhucon Projects Limited started the day by opening at 8.20 today 2025-02-07. Its shares reached a high of 8.24 and dipped to a low of 7.62 in intraday. When the markets closed, MADHUCON’s stock price settled at ₹7.81 per share. Also check out its key support and resistance levels.
MADHUCON Buy/Sell Targets
Tomorrow, sell MADHUCON when its price reaches ₹ 7.81 with a stop-loss order at ₹ 8.09. You can set the target price as ₹ 7.53 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 MADHUCON 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 MADHUCON
Downside Targets | Value in ₹ |
---|---|
Tomorrow Down Target 1 | 8 |
Tomorrow Down Target 2 | 9 |
Tomorrow Down Target 3 | 9 |
Important Levels for MADHUCON
Holding Levels | Value in ₹ |
---|---|
Tomorrow Up Target 1 | 8 |
Tomorrow Up Target 2 | 7 |
Tomorrow Up Target 3 | 7 |
Based on where the stock opens tomorrow, if MADHUCON opens on a positive note, our first target will be ₹8. If Target 1 is achieved, we will aim for Target 2 which is ₹9.
But if MADHUCON falls below the average value of ₹7.89, you can enter a sell side position with target number 1 - ₹8 and second target - ₹7 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 MADHUCON
Looking at MADHUCON, 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, MADHUCON has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for MADHUCON is strong bearish.
Tomorrow's Volume based share price Forecast for MADHUCON
MADHUCON'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 4%.
Reversal detection for MADHUCON
MADHUCON may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹8 in morning tomorrow
Target 1 tomorrow | 8 |
Target 2 tomorrow | 8 |
Target 3 tomorrow | 9 |
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 MADHUCON'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 MADHUCON opens on a positive note, our first target will be ₹8.16. If Target 1 is achieved, we will aim for Target 2 which is ₹8.51.
But if MADHUCON falls below the average value of ₹7.89, you can enter a sell side position with target number 1 - ₹7.54 and second target - ₹7.27
MADHUCON's Weekly Targets
1st Up Target | 8.36 |
2nd Up Target | 8.90 |
1st Down Target | 7.15 |
2nd Down Target | 6.48 |
As the week for MADHUCON ended on bullish sentiments, we can expect further continuation of this sentiment. MADHUCON's initial target will be 8.36 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 7.15 in the upcoming week.
Weekly OHLC Values
Open | 7.63 |
High | 8.24 |
Low | 7.03 |
Close | 7.81 |
Week for MADHUCON started with an open price of 7.63, and the close was at 7.81. MADHUCON reached the highest of 8.24 and dipped lowest up to 7.03 last week. This indicates a bullish sentiment for the week.
MADHUCON full month swing targets
Monthly Up Target 1 | 9.57 |
Monthly Up Target 2 | 10.11 |
Monthly Down Target 1 | 5.94 |
Monthly Down Target 2 | 4.06 |
Targets of ₹9.57 can be expected to be reached in the coming month. Once MADHUCON achieved this target, we can aim for the next upside target of ₹10.11.
MADHUCON if fails to hold upside, down targets of ₹5.94 and ₹4.06 can be achieved by end of this month.
For complete three weeks if MADHUCON 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 MADHUCON
Symbol | Name | Industry |
---|---|---|
LT | Larsen & Toubro Limited | Engineering & Construction |
ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
SIEMENS | Siemens Limited | Specialty Industrial Machinery |
BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
MADHUCON is expected to reach the target of 8.16 in tomorrow's trading session.
After achieving the initial target in MADHUCON, we will aim for higher targets of 8.51 tomorrow.
However, if MADHUCON starts to trade below ₹7.89, then we will shift our focus to the sell side and aim for down targets of 7.54 and 7.27.