Stock Information Portal

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

Taj GVK Hotels & Resorts Limited

Symbol: NSE:TAJGVK

ISIN: INE586B01026

364.00

As on 2024-12-20

221.80 (52W Low) 422.65 (52W High)

TAJGVK's Today's Performance

Taj GVK Hotels & Resorts Limited started the day by opening at 377.00 today 2024-12-20. Its shares reached a high of 380.00 and dipped to a low of 361.35 in intraday. When the markets closed, TAJGVK’s stock price settled at ₹364.00 per share. Also check out its key support and resistance levels.

TAJGVK Buy/Sell Targets

Tomorrow, sell TAJGVK when its price reaches ₹ 364.00 with a stop-loss order at ₹ 371.78. You can set the target price as ₹ 356.23 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 TAJGVK 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 TAJGVK

Downside Targets Value in ₹
Tomorrow Down Target 1 376
Tomorrow Down Target 2 387
Tomorrow Down Target 3 394

Important Levels for TAJGVK

Holding Levels Value in ₹
Tomorrow Up Target 1 357
Tomorrow Up Target 2 350
Tomorrow Up Target 3 338
Based on where the stock opens tomorrow, if TAJGVK opens on a positive note, our first target will be ₹376. If Target 1 is achieved, we will aim for Target 2 which is ₹387.

But if TAJGVK falls below the average value of ₹368.45, you can enter a sell side position with target number 1 - ₹357 and second target - ₹350 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 TAJGVK

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

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

Tomorrow's Volume based share price Forecast for TAJGVK

TAJGVK'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 -24%.

Reversal detection for TAJGVK

Predicted trend chart of TAJGVK tomorrow for price forecast
TAJGVK may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹375 in morning tomorrow
Target 1 tomorrow376
Target 2 tomorrow380
Target 3 tomorrow387
 

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 TAJGVK'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 TAJGVK opens on a positive note, our first target will be ₹375.55. If Target 1 is achieved, we will aim for Target 2 which is ₹387.10.

But if TAJGVK falls below the average value of ₹368.45, you can enter a sell side position with target number 1 - ₹356.90 and second target - ₹349.80

TAJGVK's Weekly Targets
1st Up Target 394.05
2nd Up Target 424.10
1st Down Target 347.65
2nd Down Target 331.30

As the week for TAJGVK ended on bearish sentiments, we can expect further continuation of this sentiment. TAJGVK's initial target will be 394.05 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 347.65 in the upcoming week.

Weekly OHLC Values
Open 386.70
High 407.75
Low 361.35
Close 364.00

Week for TAJGVK started with an open price of 386.70, and the close was at 364.00. TAJGVK reached the highest of 407.75 and dipped lowest up to 361.35 last week. This indicates a bearish sentiment for the week.

TAJGVK full month swing targets
Monthly Up Target 1 440.45
Monthly Up Target 2 470.50
Monthly Down Target 1 301.25
Monthly Down Target 2 238.50

Targets of ₹440.45 can be expected to be reached in the coming month. Once TAJGVK achieved this target, we can aim for the next upside target of ₹470.50.

TAJGVK if fails to hold upside, down targets of ₹301.25 and ₹238.50 can be achieved by end of this month.

For complete three weeks if TAJGVK 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 TAJGVK

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

TAJGVK is expected to reach the target of 375.55 in tomorrow's trading session.

After achieving the initial target in TAJGVK, we will aim for higher targets of 387.10 tomorrow.

However, if TAJGVK starts to trade below ₹368.45, then we will shift our focus to the sell side and aim for down targets of 356.90 and 349.80.