Stock Information Portal

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

The State Trading Corporation of India Limited

Symbol: NSE:STCINDIA

ISIN: INE655A01013

168.98

As on 2024-07-23

80.20 (52W Low) 202.69 (52W High)

STCINDIA's Today's Performance

The State Trading Corporation of India Limited started the day by opening at 174.10 today 2024-07-23. Its shares reached a high of 175.59 and dipped to a low of 158.25 in intraday. When the markets closed, STCINDIA’s stock price settled at ₹168.98 per share. Also check out its key support and resistance levels.

STCINDIA Buy/Sell Targets

Tomorrow, sell STCINDIA when its price reaches ₹ 168.98 with a stop-loss order at ₹ 175.97. You can set the target price as ₹ 161.99 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 STCINDIA 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 STCINDIA

Downside Targets Value in ₹
Tomorrow Down Target 1 177
Tomorrow Down Target 2 185
Tomorrow Down Target 3 194

Important Levels for STCINDIA

Holding Levels Value in ₹
Tomorrow Up Target 1 160
Tomorrow Up Target 2 150
Tomorrow Up Target 3 142
Based on where the stock opens tomorrow, if STCINDIA opens on a positive note, our first target will be ₹177. If Target 1 is achieved, we will aim for Target 2 which is ₹185.

But if STCINDIA falls below the average value of ₹167.61, you can enter a sell side position with target number 1 - ₹160 and second target - ₹150 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 STCINDIA

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

Based on this, the predicted sentiment for STCINDIA is moderate bearish.

Tomorrow's Volume based share price Forecast for STCINDIA

STCINDIA'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 82%.

Reversal detection for STCINDIA

Predicted trend chart of STCINDIA tomorrow for price forecast
STCINDIA may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹174 in morning tomorrow
Target 1 tomorrow174
Target 2 tomorrow178
Target 3 tomorrow185
 

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 STCINDIA'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 STCINDIA opens on a positive note, our first target will be ₹176.96. If Target 1 is achieved, we will aim for Target 2 which is ₹184.95.

But if STCINDIA falls below the average value of ₹167.61, you can enter a sell side position with target number 1 - ₹159.62 and second target - ₹150.27

STCINDIA's Weekly Targets
1st Up Target 180.37
2nd Up Target 191.76
1st Down Target 157.92
2nd Down Target 146.86

As the week for STCINDIA ended on bearish sentiments, we can expect further continuation of this sentiment. STCINDIA's initial target will be 180.37 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 157.92 in the upcoming week.

Weekly OHLC Values
Open 170.50
High 180.70
Low 158.25
Close 168.98

Week for STCINDIA started with an open price of 170.50, and the close was at 168.98. STCINDIA reached the highest of 180.70 and dipped lowest up to 158.25 last week. This indicates a bearish sentiment for the week.

STCINDIA full month swing targets
Monthly Up Target 1 202.82
Monthly Up Target 2 214.21
Monthly Down Target 1 135.47
Monthly Down Target 2 101.96

Targets of ₹202.82 can be expected to be reached in the coming month. Once STCINDIA achieved this target, we can aim for the next upside target of ₹214.21.

STCINDIA if fails to hold upside, down targets of ₹135.47 and ₹101.96 can be achieved by end of this month.

For complete three weeks if STCINDIA 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 STCINDIA

Symbol Name Industry
LT Larsen & Toubro Limited Engineering & Construction
ADANIPORTS Adani Ports and Special Economic Zone Limited Marine Shipping
HAL Hindustan Aeronautics Limited Aerospace & Defense
SIEMENS Siemens Limited Specialty Industrial Machinery
BEL Bharat Electronics Limited Aerospace & Defense

Summary

STCINDIA is expected to reach the target of 176.96 in tomorrow's trading session.

After achieving the initial target in STCINDIA, we will aim for higher targets of 184.95 tomorrow.

However, if STCINDIA starts to trade below ₹167.61, then we will shift our focus to the sell side and aim for down targets of 159.62 and 150.27.