Price and trend forecast of SASTASUNDR for Tomorrow, Weekly, Monthly
Sastasundar Ventures Limited
Symbol: NSE:SASTASUNDR
ISIN: INE019J01013
314.65
As on 2024-07-26
SASTASUNDR's Today's Performance
Sastasundar Ventures Limited started the day by opening at 312.20 today 2024-07-26. Its shares reached a high of 316.70 and dipped to a low of 311.55 in intraday. When the markets closed, SASTASUNDR’s stock price settled at ₹314.65 per share. Also check out its key support and resistance levels.
SASTASUNDR Buy/Sell Targets
Tomorrow, buy SASTASUNDR when its price reaches ₹ 314.65 with a stop-loss order at ₹ 310.52. You can set the target price as ₹ 318.78 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 SASTASUNDR 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 SASTASUNDR
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 317 |
| Tomorrow Down Target 2 | 319 |
| Tomorrow Down Target 3 | 322 |
Important Levels for SASTASUNDR
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 312 |
| Tomorrow Up Target 2 | 309 |
| Tomorrow Up Target 3 | 307 |
Based on where the stock opens tomorrow, if SASTASUNDR opens on a positive note, our first target will be ₹317. If Target 1 is achieved, we will aim for Target 2 which is ₹319.
But if SASTASUNDR falls below the average value of ₹314.30, you can enter a sell side position with target number 1 - ₹312 and second target - ₹309 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 SASTASUNDR
Looking at SASTASUNDR, 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, SASTASUNDR has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for SASTASUNDR is moderate bearish.
Tomorrow's Volume based share price Forecast for SASTASUNDR
SASTASUNDR'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 46%.
Reversal detection for SASTASUNDR
SASTASUNDR may trend may continue to be bullish since stock is making higher highs and we can get target of ₹314 in morning tomorrow
| Target 1 tomorrow | 316 |
| Target 2 tomorrow | 317 |
| Target 3 tomorrow | 319 |
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 SASTASUNDR'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 SASTASUNDR opens on a positive note, our first target will be ₹317.05. If Target 1 is achieved, we will aim for Target 2 which is ₹319.45.
But if SASTASUNDR falls below the average value of ₹314.30, you can enter a sell side position with target number 1 - ₹311.90 and second target - ₹309.15
SASTASUNDR's Weekly Targets
| 1st Up Target | 322.77 |
| 2nd Up Target | 330.88 |
| 1st Down Target | 304.92 |
| 2nd Down Target | 295.18 |
As the week for SASTASUNDR ended on bullish sentiments, we can expect further continuation of this sentiment. SASTASUNDR's initial target will be 322.77 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 304.92 in the upcoming week.
Weekly OHLC Values
| Open | 311.00 |
| High | 321.15 |
| Low | 303.30 |
| Close | 314.65 |
Week for SASTASUNDR started with an open price of 311.00, and the close was at 314.65. SASTASUNDR reached the highest of 321.15 and dipped lowest up to 303.30 last week. This indicates a bullish sentiment for the week.
SASTASUNDR full month swing targets
| Monthly Up Target 1 | 340.62 |
| Monthly Up Target 2 | 348.73 |
| Monthly Down Target 1 | 287.07 |
| Monthly Down Target 2 | 259.48 |
Targets of ₹340.62 can be expected to be reached in the coming month. Once SASTASUNDR achieved this target, we can aim for the next upside target of ₹348.73.
SASTASUNDR if fails to hold upside, down targets of ₹287.07 and ₹259.48 can be achieved by end of this month.
For complete three weeks if SASTASUNDR 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 SASTASUNDR
| Symbol | Name | Industry |
|---|---|---|
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Drug Manufacturers - Specialty & Generic |
| CIPLA | Cipla Limited | Drug Manufacturers - General |
| DRREDDY | Dr. Reddy's Laboratories Limited | Drug Manufacturers - Specialty & Generic |
| ZYDUSLIFE | Zydus Lifesciences Limited | Drug Manufacturers - Specialty & Generic |
| APOLLOHOSP | Apollo Hospitals Enterprise Limited | Medical Care Facilities |
Summary
SASTASUNDR is expected to reach the target of 317.05 in tomorrow's trading session.
After achieving the initial target in SASTASUNDR, we will aim for higher targets of 319.45 tomorrow.
However, if SASTASUNDR starts to trade below ₹314.30, then we will shift our focus to the sell side and aim for down targets of 311.90 and 309.15.