Price and trend forecast of SEMAC for Tomorrow, Weekly, Monthly
Semac Consultants Limited
Symbol: NSE:SEMAC
ISIN: N/A
578.15
As on 2024-07-26
SEMAC's Today's Performance
Semac Consultants Limited started the day by opening at 574.50 today 2024-07-26. Its shares reached a high of 580.00 and dipped to a low of 562.00 in intraday. When the markets closed, SEMAC’s stock price settled at ₹578.15 per share. Also check out its key support and resistance levels.
SEMAC Buy/Sell Targets
Tomorrow, buy SEMAC when its price reaches ₹ 578.15 with a stop-loss order at ₹ 565.46. You can set the target price as ₹ 590.84 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 SEMAC 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 SEMAC
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 585 |
| Tomorrow Down Target 2 | 591 |
| Tomorrow Down Target 3 | 603 |
Important Levels for SEMAC
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 567 |
| Tomorrow Up Target 2 | 555 |
| Tomorrow Up Target 3 | 549 |
Based on where the stock opens tomorrow, if SEMAC opens on a positive note, our first target will be ₹585. If Target 1 is achieved, we will aim for Target 2 which is ₹591.
But if SEMAC falls below the average value of ₹573.38, you can enter a sell side position with target number 1 - ₹567 and second target - ₹555 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 SEMAC
Looking at SEMAC, 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, SEMAC has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for SEMAC is moderate bearish.
Tomorrow's Volume based share price Forecast for SEMAC
SEMAC'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 174%.
Reversal detection for SEMAC
SEMAC may trend may continue to be bullish since stock is making higher highs and we can get target of ₹570 in morning tomorrow
| Target 1 tomorrow | 580 |
| Target 2 tomorrow | 585 |
| Target 3 tomorrow | 591 |
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 SEMAC'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 SEMAC opens on a positive note, our first target will be ₹584.77. If Target 1 is achieved, we will aim for Target 2 which is ₹591.38.
But if SEMAC falls below the average value of ₹573.38, you can enter a sell side position with target number 1 - ₹566.77 and second target - ₹555.38
SEMAC's Weekly Targets
| 1st Up Target | 594.93 |
| 2nd Up Target | 611.72 |
| 1st Down Target | 558.18 |
| 2nd Down Target | 538.22 |
As the week for SEMAC ended on bullish sentiments, we can expect further continuation of this sentiment. SEMAC's initial target will be 594.93 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 558.18 in the upcoming week.
Weekly OHLC Values
| Open | 572.30 |
| High | 591.75 |
| Low | 555.00 |
| Close | 578.15 |
Week for SEMAC started with an open price of 572.30, and the close was at 578.15. SEMAC reached the highest of 591.75 and dipped lowest up to 555.00 last week. This indicates a bullish sentiment for the week.
SEMAC full month swing targets
| Monthly Up Target 1 | 631.68 |
| Monthly Up Target 2 | 648.47 |
| Monthly Down Target 1 | 521.43 |
| Monthly Down Target 2 | 464.72 |
Targets of ₹631.68 can be expected to be reached in the coming month. Once SEMAC achieved this target, we can aim for the next upside target of ₹648.47.
SEMAC if fails to hold upside, down targets of ₹521.43 and ₹464.72 can be achieved by end of this month.
For complete three weeks if SEMAC 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 SEMAC
No related stocks found in the same sector.
Summary
SEMAC is expected to reach the target of 584.77 in tomorrow's trading session.
After achieving the initial target in SEMAC, we will aim for higher targets of 591.38 tomorrow.
However, if SEMAC starts to trade below ₹573.38, then we will shift our focus to the sell side and aim for down targets of 566.77 and 555.38.