Price and trend forecast of SECURKLOUD for Tomorrow, Weekly, Monthly
SECUREKLOUD TECHNOLOGIES LIMITED
Symbol: NSE:SECURKLOUD
ISIN: INE650K01021
31.00
As on 2024-10-04
SECURKLOUD's Today's Performance
SECUREKLOUD TECHNOLOGIES LIMITED started the day by opening at 32.99 today 2024-10-04. Its shares reached a high of 32.99 and dipped to a low of 30.71 in intraday. When the markets closed, SECURKLOUD’s stock price settled at ₹31.00 per share. Also check out its key support and resistance levels.
SECURKLOUD Buy/Sell Targets
Tomorrow, sell SECURKLOUD when its price reaches ₹ 31.00 with a stop-loss order at ₹ 31.80. You can set the target price as ₹ 30.20 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 SECURKLOUD 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 SECURKLOUD
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 32 |
| Tomorrow Down Target 2 | 34 |
| Tomorrow Down Target 3 | 35 |
Important Levels for SECURKLOUD
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 30 |
| Tomorrow Up Target 2 | 29 |
| Tomorrow Up Target 3 | 28 |
Based on where the stock opens tomorrow, if SECURKLOUD opens on a positive note, our first target will be ₹32. If Target 1 is achieved, we will aim for Target 2 which is ₹34.
But if SECURKLOUD falls below the average value of ₹31.57, you can enter a sell side position with target number 1 - ₹30 and second target - ₹29 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 SECURKLOUD
Looking at SECURKLOUD, 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, SECURKLOUD has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for SECURKLOUD is moderate bearish.
Tomorrow's Volume based share price Forecast for SECURKLOUD
SECURKLOUD'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 -68%.
Reversal detection for SECURKLOUD
SECURKLOUD may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹33 in morning tomorrow
| Target 1 tomorrow | 32 |
| Target 2 tomorrow | 33 |
| Target 3 tomorrow | 34 |
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 SECURKLOUD'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 SECURKLOUD opens on a positive note, our first target will be ₹32.42. If Target 1 is achieved, we will aim for Target 2 which is ₹33.85.
But if SECURKLOUD falls below the average value of ₹31.57, you can enter a sell side position with target number 1 - ₹30.14 and second target - ₹29.29
SECURKLOUD's Weekly Targets
| 1st Up Target | 33.00 |
| 2nd Up Target | 34.99 |
| 1st Down Target | 29.86 |
| 2nd Down Target | 28.71 |
As the week for SECURKLOUD ended on bearish sentiments, we can expect further continuation of this sentiment. SECURKLOUD's initial target will be 33.00 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 29.86 in the upcoming week.
Weekly OHLC Values
| Open | 33.69 |
| High | 33.85 |
| Low | 30.71 |
| Close | 31.00 |
Week for SECURKLOUD started with an open price of 33.69, and the close was at 31.00. SECURKLOUD reached the highest of 33.85 and dipped lowest up to 30.71 last week. This indicates a bearish sentiment for the week.
SECURKLOUD full month swing targets
| Monthly Up Target 1 | 36.14 |
| Monthly Up Target 2 | 38.13 |
| Monthly Down Target 1 | 26.72 |
| Monthly Down Target 2 | 22.43 |
Targets of ₹36.14 can be expected to be reached in the coming month. Once SECURKLOUD achieved this target, we can aim for the next upside target of ₹38.13.
SECURKLOUD if fails to hold upside, down targets of ₹26.72 and ₹22.43 can be achieved by end of this month.
For complete three weeks if SECURKLOUD 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 SECURKLOUD
| Symbol | Name | Industry |
|---|---|---|
| TCS | Tata Consultancy Services Limited | Information Technology Services |
| INFY | Infosys Limited | Information Technology Services |
| CYIENTDLM | Cyient DLM Limited | Electronic Components |
| HCLTECH | HCL Technologies Limited | Information Technology Services |
| IDEAFORGE | ideaForge Technology Limited | Computer Hardware |
Summary
SECURKLOUD is expected to reach the target of 32.42 in tomorrow's trading session.
After achieving the initial target in SECURKLOUD, we will aim for higher targets of 33.85 tomorrow.
However, if SECURKLOUD starts to trade below ₹31.57, then we will shift our focus to the sell side and aim for down targets of 30.14 and 29.29.