Price and trend forecast of SPANDANA for Tomorrow, Weekly, Monthly
Spandana Sphoorty Financial Limited
Symbol: NSE:SPANDANA
ISIN: INE572J01011
289.06
As on 2025-04-28
SPANDANA's Today's Performance
Spandana Sphoorty Financial Limited started the day by opening at 293.00 today 2025-04-28. Its shares reached a high of 295.88 and dipped to a low of 282.10 in intraday. When the markets closed, SPANDANA’s stock price settled at ₹289.06 per share. Also check out its key support and resistance levels.
SPANDANA Buy/Sell Targets
Tomorrow, sell SPANDANA when its price reaches ₹ 289.06 with a stop-loss order at ₹ 301.29. You can set the target price as ₹ 276.83 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 SPANDANA 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 SPANDANA
Downside Targets | Value in ₹ |
---|---|
Tomorrow Down Target 1 | 296 |
Tomorrow Down Target 2 | 303 |
Tomorrow Down Target 3 | 310 |
Important Levels for SPANDANA
Holding Levels | Value in ₹ |
---|---|
Tomorrow Up Target 1 | 282 |
Tomorrow Up Target 2 | 275 |
Tomorrow Up Target 3 | 268 |
Based on where the stock opens tomorrow, if SPANDANA opens on a positive note, our first target will be ₹296. If Target 1 is achieved, we will aim for Target 2 which is ₹303.
But if SPANDANA falls below the average value of ₹289.01, you can enter a sell side position with target number 1 - ₹282 and second target - ₹275 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 SPANDANA
Looking at SPANDANA, 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, SPANDANA has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for SPANDANA is strong bullish.
Tomorrow's Volume based share price Forecast for SPANDANA
SPANDANA's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 2%.
Reversal detection for SPANDANA
SPANDANA may trend may continue to be bearish since stock is making lower low and we can get target of ₹298 in morning tomorrow
Target 1 tomorrow | 294 |
Target 2 tomorrow | 298 |
Target 3 tomorrow | 303 |
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 SPANDANA'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 SPANDANA opens on a positive note, our first target will be ₹295.93. If Target 1 is achieved, we will aim for Target 2 which is ₹302.79.
But if SPANDANA falls below the average value of ₹289.01, you can enter a sell side position with target number 1 - ₹282.15 and second target - ₹275.23
SPANDANA's Weekly Targets
1st Up Target | 295.93 |
2nd Up Target | 302.79 |
1st Down Target | 282.15 |
2nd Down Target | 275.23 |
As the week for SPANDANA ended on bearish sentiments, we can expect further continuation of this sentiment. SPANDANA's initial target will be 295.93 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 282.15 in the upcoming week.
Weekly OHLC Values
Open | 293.00 |
High | 295.88 |
Low | 282.10 |
Close | 289.06 |
Week for SPANDANA started with an open price of 293.00, and the close was at 289.06. SPANDANA reached the highest of 295.88 and dipped lowest up to 282.10 last week. This indicates a bearish sentiment for the week.
SPANDANA full month swing targets
Monthly Up Target 1 | 309.71 |
Monthly Up Target 2 | 316.57 |
Monthly Down Target 1 | 268.37 |
Monthly Down Target 2 | 247.67 |
Targets of ₹309.71 can be expected to be reached in the coming month. Once SPANDANA achieved this target, we can aim for the next upside target of ₹316.57.
SPANDANA if fails to hold upside, down targets of ₹268.37 and ₹247.67 can be achieved by end of this month.
For complete three weeks if SPANDANA 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 SPANDANA
Symbol | Name | Industry |
---|---|---|
HDFCBANK | HDFC Bank Limited | Banks - Regional |
ICICIBANK | ICICI Bank Limited | Banks - Regional |
SBIN | State Bank of India | Banks - Regional |
LICI | Life Insurance Corporation Of India | Insurance - Life |
BAJFINANCE | Bajaj Finance Limited | Credit Services |
Summary
SPANDANA is expected to reach the target of 295.93 in tomorrow's trading session.
After achieving the initial target in SPANDANA, we will aim for higher targets of 302.79 tomorrow.
However, if SPANDANA starts to trade below ₹289.01, then we will shift our focus to the sell side and aim for down targets of 282.15 and 275.23.