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

Transindia Real Estate Limited

Symbol: NSE:TREL

ISIN: N/A

45.29

As on 2024-07-24

27.40 (52W Low) 345.85 (52W High)

TREL's Today's Performance

Transindia Real Estate Limited started the day by opening at 45.15 today 2024-07-24. Its shares reached a high of 46.52 and dipped to a low of 44.84 in intraday. When the markets closed, TREL’s stock price settled at ₹45.29 per share. Also check out its key support and resistance levels.

TREL Buy/Sell Targets

Tomorrow, buy TREL when its price reaches ₹ 45.29 with a stop-loss order at ₹ 44.02. You can set the target price as ₹ 46.56 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 TREL 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 TREL

Downside Targets Value in ₹
Tomorrow Down Target 1 46
Tomorrow Down Target 2 47
Tomorrow Down Target 3 48

Important Levels for TREL

Holding Levels Value in ₹
Tomorrow Up Target 1 45
Tomorrow Up Target 2 44
Tomorrow Up Target 3 43
Based on where the stock opens tomorrow, if TREL opens on a positive note, our first target will be ₹46. If Target 1 is achieved, we will aim for Target 2 which is ₹47.

But if TREL falls below the average value of ₹45.55, you can enter a sell side position with target number 1 - ₹45 and second target - ₹44 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 TREL

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

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

Tomorrow's Volume based share price Forecast for TREL

TREL'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 -45%.

Reversal detection for TREL

Predicted trend chart of TREL tomorrow for price forecast
TREL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹45 in morning tomorrow
Target 1 tomorrow46
Target 2 tomorrow47
Target 3 tomorrow47
 

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 TREL'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 TREL opens on a positive note, our first target will be ₹46.26. If Target 1 is achieved, we will aim for Target 2 which is ₹47.23.

But if TREL falls below the average value of ₹45.55, you can enter a sell side position with target number 1 - ₹44.58 and second target - ₹43.87

TREL's Weekly Targets
1st Up Target 47.80
2nd Up Target 50.31
1st Down Target 42.94
2nd Down Target 40.59

As the week for TREL ended on bearish sentiments, we can expect further continuation of this sentiment. TREL's initial target will be 47.80 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 42.94 in the upcoming week.

Weekly OHLC Values
Open 46.30
High 47.96
Low 43.10
Close 45.29

Week for TREL started with an open price of 46.30, and the close was at 45.29. TREL reached the highest of 47.96 and dipped lowest up to 43.10 last week. This indicates a bearish sentiment for the week.

TREL full month swing targets
Monthly Up Target 1 52.66
Monthly Up Target 2 55.17
Monthly Down Target 1 38.08
Monthly Down Target 2 30.87

Targets of ₹52.66 can be expected to be reached in the coming month. Once TREL achieved this target, we can aim for the next upside target of ₹55.17.

TREL if fails to hold upside, down targets of ₹38.08 and ₹30.87 can be achieved by end of this month.

For complete three weeks if TREL 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 TREL

Symbol Name Industry
DLF DLF Limited Real Estate - Development
LODHA Macrotech Developers Limited Real Estate - Development
GODREJPROP Godrej Properties Limited Real Estate - Development
OBEROIRLTY Oberoi Realty Limited Real Estate - Development
PHOENIXLTD The Phoenix Mills Limited Real Estate - Diversified

Summary

TREL is expected to reach the target of 46.26 in tomorrow's trading session.

After achieving the initial target in TREL, we will aim for higher targets of 47.23 tomorrow.

However, if TREL starts to trade below ₹45.55, then we will shift our focus to the sell side and aim for down targets of 44.58 and 43.87.