Stock Information Portal

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

Windlas Biotech Limited

Symbol: NSE:WINDLAS

ISIN: INE0H5O01029

883.95

As on 2024-10-04

311.60 (52W Low) 952.10 (52W High)

WINDLAS's Today's Performance

Windlas Biotech Limited started the day by opening at 869.00 today 2024-10-04. Its shares reached a high of 895.60 and dipped to a low of 861.00 in intraday. When the markets closed, WINDLAS’s stock price settled at ₹883.95 per share. Also check out its key support and resistance levels.

WINDLAS Buy/Sell Targets

Tomorrow, buy WINDLAS when its price reaches ₹ 883.95 with a stop-loss order at ₹ 863.93. You can set the target price as ₹ 903.98 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 WINDLAS 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 WINDLAS

Downside Targets Value in ₹
Tomorrow Down Target 1 899
Tomorrow Down Target 2 915
Tomorrow Down Target 3 934

Important Levels for WINDLAS

Holding Levels Value in ₹
Tomorrow Up Target 1 865
Tomorrow Up Target 2 846
Tomorrow Up Target 3 830
Based on where the stock opens tomorrow, if WINDLAS opens on a positive note, our first target will be ₹899. If Target 1 is achieved, we will aim for Target 2 which is ₹915.

But if WINDLAS falls below the average value of ₹880.18, you can enter a sell side position with target number 1 - ₹865 and second target - ₹846 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 WINDLAS

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

Based on this, the predicted sentiment for WINDLAS is strong bullish.

Tomorrow's Volume based share price Forecast for WINDLAS

WINDLAS's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 50%.

Reversal detection for WINDLAS

Predicted trend chart of WINDLAS tomorrow for price forecast
WINDLAS may trend may continue to be bullish since stock is making higher highs and we can get target of ₹859 in morning tomorrow
Target 1 tomorrow893
Target 2 tomorrow902
Target 3 tomorrow915
 

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 WINDLAS'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 WINDLAS opens on a positive note, our first target will be ₹899.37. If Target 1 is achieved, we will aim for Target 2 which is ₹914.78.

But if WINDLAS falls below the average value of ₹880.18, you can enter a sell side position with target number 1 - ₹864.77 and second target - ₹845.58

WINDLAS's Weekly Targets
1st Up Target 912.60
2nd Up Target 941.25
1st Down Target 838.30
2nd Down Target 792.65

As the week for WINDLAS ended on bullish sentiments, we can expect further continuation of this sentiment. WINDLAS's initial target will be 912.60 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 838.30 in the upcoming week.

Weekly OHLC Values
Open 832.65
High 895.60
Low 821.30
Close 883.95

Week for WINDLAS started with an open price of 832.65, and the close was at 883.95. WINDLAS reached the highest of 895.60 and dipped lowest up to 821.30 last week. This indicates a bullish sentiment for the week.

WINDLAS full month swing targets
Monthly Up Target 1 986.90
Monthly Up Target 2 1,015.55
Monthly Down Target 1 764.00
Monthly Down Target 2 644.05

Targets of ₹986.90 can be expected to be reached in the coming month. Once WINDLAS achieved this target, we can aim for the next upside target of ₹1,015.55.

WINDLAS if fails to hold upside, down targets of ₹764.00 and ₹644.05 can be achieved by end of this month.

For complete three weeks if WINDLAS 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 WINDLAS

Symbol Name Industry
SUNPHARMA Sun Pharmaceutical Industries Limited Drug Manufacturers - Specialty & Generic
CIPLA Cipla Limited Drug Manufacturers - General
DRREDDY Dr. Reddy's Laboratories Limited Drug Manufacturers - Specialty & Generic
ZYDUSLIFE Zydus Lifesciences Limited Drug Manufacturers - Specialty & Generic
APOLLOHOSP Apollo Hospitals Enterprise Limited Medical Care Facilities

Summary

WINDLAS is expected to reach the target of 899.37 in tomorrow's trading session.

After achieving the initial target in WINDLAS, we will aim for higher targets of 914.78 tomorrow.

However, if WINDLAS starts to trade below ₹880.18, then we will shift our focus to the sell side and aim for down targets of 864.77 and 845.58.