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

Wanbury Limited

Symbol: NSE:WANBURY

ISIN: INE107F01022

153.65

As on 2024-04-12

33.60 (52W Low) 179.35 (52W High)

WANBURY's Today's Performance

Wanbury Limited started the day by opening at 161.40 today 2024-04-12. Its shares reached a high of 161.40 and dipped to a low of 152.00 in intraday. When the markets closed, WANBURY’s stock price settled at ₹153.65 per share. Also check out its key support and resistance levels.

WANBURY Buy/Sell Targets

Tomorrow, sell WANBURY when its price reaches ₹ 153.65 with a stop-loss order at ₹ 158.53. You can set the target price as ₹ 148.78 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 WANBURY for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for WANBURY

Resistance Levels Value in ₹
Tomorrow Resistance 1 159
Tomorrow Resistance 2 165
Tomorrow Resistance 3 169

Important Supports for WANBURY

Support Levels Value in ₹
Tomorrow Support 1 150
Tomorrow Support 2 146
Tomorrow Support 3 141
Based on where the stock opens tomorrow, if WANBURY opens on a positive note, our first target will be ₹159. If Target 1 is achieved, we will aim for Target 2 which is ₹165.

But if WANBURY falls below the average value of ₹155.68, you can enter a sell side position with target number 1 - ₹150 and second target - ₹146 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 WANBURY

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

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

Tomorrow's Volume based share price Forecast for WANBURY

WANBURY's Volume is currently in a Increasing 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 -56%.

Reversal detection for WANBURY

Predicted trend chart of WANBURY tomorrow for price forecast
WANBURY may trend may continue to be bearish since stock is making lower low and we can get target of ₹157 in morning tomorrow
Target 1 tomorrow159
Target 2 tomorrow161
Target 3 tomorrow165
 

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 WANBURY'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 WANBURY opens on a positive note, our first target will be ₹159.37. If Target 1 is achieved, we will aim for Target 2 which is ₹165.08.

But if WANBURY falls below the average value of ₹155.68, you can enter a sell side position with target number 1 - ₹149.97 and second target - ₹146.28

WANBURY's Weekly Targets
1st Up Target 168.77
2nd Up Target 183.88
1st Down Target 144.77
2nd Down Target 135.88

As the week for WANBURY ended on bearish sentiments, we can expect further continuation of this sentiment. WANBURY's initial target will be 168.77 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 144.77 in the upcoming week.

Weekly OHLC Values
Open 175.00
High 175.00
Low 151.00
Close 153.65

Week for WANBURY started with an open price of 175.00, and the close was at 153.65. WANBURY reached the highest of 175.00 and dipped lowest up to 151.00 last week. This indicates a bearish sentiment for the week.

WANBURY full month swing targets
Monthly Up Target 1 192.77
Monthly Up Target 2 207.88
Monthly Down Target 1 120.77
Monthly Down Target 2 87.88

Targets of ₹192.77 can be expected to be reached in the coming month. Once WANBURY achieved this target, we can aim for the next upside target of ₹207.88.

WANBURY if fails to hold upside, down targets of ₹120.77 and ₹87.88 can be achieved by end of this month.

For complete three weeks if WANBURY 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 WANBURY

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APOLLOHOSP Apollo Hospitals Enterprise Limited Medical Care Facilities

Summary

WANBURY is expected to reach the target of 159.37 in tomorrow's trading session.

After achieving the initial target in WANBURY, we will aim for higher targets of 165.08 tomorrow.

However, if WANBURY starts to trade below ₹155.68, then we will shift our focus to the sell side and aim for down targets of 149.97 and 146.28.