Price and trend forecast of SWANENERGY for Tomorrow, Weekly, Monthly
Swan Energy Limited
Symbol: NSE:SWANENERGY
ISIN: INE665A01038
731.65
As on 2024-07-26
SWANENERGY's Today's Performance
Swan Energy Limited started the day by opening at 735.05 today 2024-07-26. Its shares reached a high of 744.80 and dipped to a low of 727.50 in intraday. When the markets closed, SWANENERGY’s stock price settled at ₹731.65 per share. Also check out its key support and resistance levels.
SWANENERGY Buy/Sell Targets
Tomorrow, buy SWANENERGY when its price reaches ₹ 731.65 with a stop-loss order at ₹ 717.48. You can set the target price as ₹ 745.82 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 SWANENERGY 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 SWANENERGY
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 742 |
| Tomorrow Down Target 2 | 752 |
| Tomorrow Down Target 3 | 759 |
Important Levels for SWANENERGY
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 725 |
| Tomorrow Up Target 2 | 717 |
| Tomorrow Up Target 3 | 707 |
Based on where the stock opens tomorrow, if SWANENERGY opens on a positive note, our first target will be ₹742. If Target 1 is achieved, we will aim for Target 2 which is ₹752.
But if SWANENERGY falls below the average value of ₹734.65, you can enter a sell side position with target number 1 - ₹725 and second target - ₹717 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 SWANENERGY
Looking at SWANENERGY, 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, SWANENERGY has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for SWANENERGY is moderate bullish.
Tomorrow's Volume based share price Forecast for SWANENERGY
SWANENERGY'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 26%.
Reversal detection for SWANENERGY
SWANENERGY may trend may continue to be bullish since stock is making higher highs and we can get target of ₹720 in morning tomorrow
| Target 1 tomorrow | 741 |
| Target 2 tomorrow | 745 |
| Target 3 tomorrow | 752 |
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 SWANENERGY'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 SWANENERGY opens on a positive note, our first target will be ₹741.80. If Target 1 is achieved, we will aim for Target 2 which is ₹751.95.
But if SWANENERGY falls below the average value of ₹734.65, you can enter a sell side position with target number 1 - ₹724.50 and second target - ₹717.35
SWANENERGY's Weekly Targets
| 1st Up Target | 767.40 |
| 2nd Up Target | 803.15 |
| 1st Down Target | 673.30 |
| 2nd Down Target | 614.95 |
As the week for SWANENERGY ended on bullish sentiments, we can expect further continuation of this sentiment. SWANENERGY's initial target will be 767.40 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 673.30 in the upcoming week.
Weekly OHLC Values
| Open | 680.10 |
| High | 744.80 |
| Low | 650.70 |
| Close | 731.65 |
Week for SWANENERGY started with an open price of 680.10, and the close was at 731.65. SWANENERGY reached the highest of 744.80 and dipped lowest up to 650.70 last week. This indicates a bullish sentiment for the week.
SWANENERGY full month swing targets
| Monthly Up Target 1 | 861.50 |
| Monthly Up Target 2 | 897.25 |
| Monthly Down Target 1 | 579.20 |
| Monthly Down Target 2 | 426.75 |
Targets of ₹861.50 can be expected to be reached in the coming month. Once SWANENERGY achieved this target, we can aim for the next upside target of ₹897.25.
SWANENERGY if fails to hold upside, down targets of ₹579.20 and ₹426.75 can be achieved by end of this month.
For complete three weeks if SWANENERGY 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 SWANENERGY
| Symbol | Name | Industry |
|---|---|---|
| MARUTI | Maruti Suzuki India Limited | Auto Manufacturers |
| TATAMTRDVR | Tata Motors Limited | Auto Manufacturers |
| TATAMOTORS | Tata Motors Limited | Auto Manufacturers |
| TITAN | Titan Company Limited | Luxury Goods |
| BAJAJ-AUTO | Bajaj Auto Limited | Auto Manufacturers |
Summary
SWANENERGY is expected to reach the target of 741.80 in tomorrow's trading session.
After achieving the initial target in SWANENERGY, we will aim for higher targets of 751.95 tomorrow.
However, if SWANENERGY starts to trade below ₹734.65, then we will shift our focus to the sell side and aim for down targets of 724.50 and 717.35.