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

Repro India Limited

Symbol: NSE:REPRO

ISIN: INE461B01014

822.85

As on 2024-04-12

373.00 (52W Low) 980.00 (52W High)

REPRO's Today's Performance

Repro India Limited started the day by opening at 836.65 today 2024-04-12. Its shares reached a high of 842.25 and dipped to a low of 820.05 in intraday. When the markets closed, REPRO’s stock price settled at ₹822.85 per share. Also check out its key support and resistance levels.

REPRO Buy/Sell Targets

Tomorrow, sell REPRO when its price reaches ₹ 822.85 with a stop-loss order at ₹ 837.25. You can set the target price as ₹ 808.45 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 REPRO for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for REPRO

Resistance Levels Value in ₹
Tomorrow Resistance 1 837
Tomorrow Resistance 2 851
Tomorrow Resistance 3 859

Important Supports for REPRO

Support Levels Value in ₹
Tomorrow Support 1 815
Tomorrow Support 2 806
Tomorrow Support 3 792
Based on where the stock opens tomorrow, if REPRO opens on a positive note, our first target will be ₹837. If Target 1 is achieved, we will aim for Target 2 which is ₹851.

But if REPRO falls below the average value of ₹828.38, you can enter a sell side position with target number 1 - ₹815 and second target - ₹806 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 REPRO

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

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

Tomorrow's Volume based share price Forecast for REPRO

REPRO'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 -92%.

Reversal detection for REPRO

Predicted trend chart of REPRO tomorrow for price forecast
REPRO may trend may continue to be bearish since stock is making lower low and we can get target of ₹830 in morning tomorrow
Target 1 tomorrow837
Target 2 tomorrow842
Target 3 tomorrow851
 

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 REPRO'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 REPRO opens on a positive note, our first target will be ₹836.72. If Target 1 is achieved, we will aim for Target 2 which is ₹850.58.

But if REPRO falls below the average value of ₹828.38, you can enter a sell side position with target number 1 - ₹814.52 and second target - ₹806.18

REPRO's Weekly Targets
1st Up Target 841.97
2nd Up Target 861.08
1st Down Target 805.72
2nd Down Target 788.58

As the week for REPRO ended on bearish sentiments, we can expect further continuation of this sentiment. REPRO's initial target will be 841.97 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 805.72 in the upcoming week.

Weekly OHLC Values
Open 829.00
High 843.95
Low 807.70
Close 822.85

Week for REPRO started with an open price of 829.00, and the close was at 822.85. REPRO reached the highest of 843.95 and dipped lowest up to 807.70 last week. This indicates a bearish sentiment for the week.

REPRO full month swing targets
Monthly Up Target 1 878.22
Monthly Up Target 2 897.33
Monthly Down Target 1 769.47
Monthly Down Target 2 716.08

Targets of ₹878.22 can be expected to be reached in the coming month. Once REPRO achieved this target, we can aim for the next upside target of ₹897.33.

REPRO if fails to hold upside, down targets of ₹769.47 and ₹716.08 can be achieved by end of this month.

For complete three weeks if REPRO 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

REPRO is expected to reach the target of 836.72 in tomorrow's trading session.

After achieving the initial target in REPRO, we will aim for higher targets of 850.58 tomorrow.

However, if REPRO starts to trade below ₹828.38, then we will shift our focus to the sell side and aim for down targets of 814.52 and 806.18.