Price and trend forecast of USK for Tomorrow, Weekly, Monthly
UDAYSHIVAKUMAR INFRA ORD (BSE)
Symbol: NSE:USK
ISIN: INE0N0Y01013
46.54
As on 2024-12-20
USK's Today's Performance
UDAYSHIVAKUMAR INFRA ORD (BSE) started the day by opening at 48.98 today 2024-12-20. Its shares reached a high of 49.75 and dipped to a low of 45.20 in intraday. When the markets closed, USK’s stock price settled at ₹46.54 per share. Also check out its key support and resistance levels.
USK Buy/Sell Targets
Tomorrow, sell USK when its price reaches ₹ 46.54 with a stop-loss order at ₹ 48.01. You can set the target price as ₹ 45.07 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 USK 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 USK
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 49 |
| Tomorrow Down Target 2 | 52 |
| Tomorrow Down Target 3 | 54 |
Important Levels for USK
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 45 |
| Tomorrow Up Target 2 | 43 |
| Tomorrow Up Target 3 | 40 |
Based on where the stock opens tomorrow, if USK opens on a positive note, our first target will be ₹49. If Target 1 is achieved, we will aim for Target 2 which is ₹52.
But if USK falls below the average value of ₹47.16, you can enter a sell side position with target number 1 - ₹45 and second target - ₹43 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 USK
Looking at USK, 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, USK has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for USK is strong bearish.
Tomorrow's Volume based share price Forecast for USK
USK's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish trend. Volume trend strength over the last month compared to the last week is 57%.
Reversal detection for USK
USK may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹49 in morning tomorrow
| Target 1 tomorrow | 49 |
| Target 2 tomorrow | 50 |
| Target 3 tomorrow | 52 |
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 USK'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 USK opens on a positive note, our first target will be ₹49.13. If Target 1 is achieved, we will aim for Target 2 which is ₹51.71.
But if USK falls below the average value of ₹47.16, you can enter a sell side position with target number 1 - ₹44.58 and second target - ₹42.61
USK's Weekly Targets
| 1st Up Target | 49.61 |
| 2nd Up Target | 52.67 |
| 1st Down Target | 44.34 |
| 2nd Down Target | 42.13 |
As the week for USK ended on bearish sentiments, we can expect further continuation of this sentiment. USK's initial target will be 49.61 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 44.34 in the upcoming week.
Weekly OHLC Values
| Open | 49.71 |
| High | 50.47 |
| Low | 45.20 |
| Close | 46.54 |
Week for USK started with an open price of 49.71, and the close was at 46.54. USK reached the highest of 50.47 and dipped lowest up to 45.20 last week. This indicates a bearish sentiment for the week.
USK full month swing targets
| Monthly Up Target 1 | 54.88 |
| Monthly Up Target 2 | 57.94 |
| Monthly Down Target 1 | 39.07 |
| Monthly Down Target 2 | 31.59 |
Targets of ₹54.88 can be expected to be reached in the coming month. Once USK achieved this target, we can aim for the next upside target of ₹57.94.
USK if fails to hold upside, down targets of ₹39.07 and ₹31.59 can be achieved by end of this month.
For complete three weeks if USK 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 USK
No related stocks found in the same sector.
Summary
USK is expected to reach the target of 49.13 in tomorrow's trading session.
After achieving the initial target in USK, we will aim for higher targets of 51.71 tomorrow.
However, if USK starts to trade below ₹47.16, then we will shift our focus to the sell side and aim for down targets of 44.58 and 42.61.