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

Solara Active Pharma Sciences Limited

Symbol: NSE:SOLARA

ISIN: INE624Z01016

659.10

As on 2025-01-22

350.00 (52W Low) 882.80 (52W High)

SOLARA's Today's Performance

Solara Active Pharma Sciences Limited started the day by opening at 667.90 today 2025-01-22. Its shares reached a high of 677.00 and dipped to a low of 639.00 in intraday. When the markets closed, SOLARA’s stock price settled at ₹659.10 per share. Also check out its key support and resistance levels.

SOLARA Buy/Sell Targets

Tomorrow, sell SOLARA when its price reaches ₹ 659.10 with a stop-loss order at ₹ 677.41. You can set the target price as ₹ 640.79 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 SOLARA 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 SOLARA

Downside Targets Value in ₹
Tomorrow Down Target 1 678
Tomorrow Down Target 2 696
Tomorrow Down Target 3 716

Important Levels for SOLARA

Holding Levels Value in ₹
Tomorrow Up Target 1 640
Tomorrow Up Target 2 620
Tomorrow Up Target 3 602
Based on where the stock opens tomorrow, if SOLARA opens on a positive note, our first target will be ₹678. If Target 1 is achieved, we will aim for Target 2 which is ₹696.

But if SOLARA falls below the average value of ₹658.37, you can enter a sell side position with target number 1 - ₹640 and second target - ₹620 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 SOLARA

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

Based on this, the predicted sentiment for SOLARA is moderate bullish.

Tomorrow's Volume based share price Forecast for SOLARA

SOLARA's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -38%.

Reversal detection for SOLARA

Predicted trend chart of SOLARA tomorrow for price forecast
SOLARA may trend may continue to be bearish since stock is making lower low and we can get target of ₹688 in morning tomorrow
Target 1 tomorrow673
Target 2 tomorrow682
Target 3 tomorrow696
 

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 SOLARA'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 SOLARA opens on a positive note, our first target will be ₹677.73. If Target 1 is achieved, we will aim for Target 2 which is ₹696.37.

But if SOLARA falls below the average value of ₹658.37, you can enter a sell side position with target number 1 - ₹639.73 and second target - ₹620.37

SOLARA's Weekly Targets
1st Up Target 705.73
2nd Up Target 752.37
1st Down Target 625.73
2nd Down Target 592.37

As the week for SOLARA ended on bearish sentiments, we can expect further continuation of this sentiment. SOLARA's initial target will be 705.73 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 625.73 in the upcoming week.

Weekly OHLC Values
Open 670.05
High 719.00
Low 639.00
Close 659.10

Week for SOLARA started with an open price of 670.05, and the close was at 659.10. SOLARA reached the highest of 719.00 and dipped lowest up to 639.00 last week. This indicates a bearish sentiment for the week.

SOLARA full month swing targets
Monthly Up Target 1 785.73
Monthly Up Target 2 832.37
Monthly Down Target 1 545.73
Monthly Down Target 2 432.37

Targets of ₹785.73 can be expected to be reached in the coming month. Once SOLARA achieved this target, we can aim for the next upside target of ₹832.37.

SOLARA if fails to hold upside, down targets of ₹545.73 and ₹432.37 can be achieved by end of this month.

For complete three weeks if SOLARA 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 SOLARA

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

SOLARA is expected to reach the target of 677.73 in tomorrow's trading session.

After achieving the initial target in SOLARA, we will aim for higher targets of 696.37 tomorrow.

However, if SOLARA starts to trade below ₹658.37, then we will shift our focus to the sell side and aim for down targets of 639.73 and 620.37.