RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KOPRAN.BO
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Stronger technical forecast for Kopran Limited stock price after Thursday trading.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The Kopran Limited stock price gained 4.62% on the last trading day (Thursday, 28th Mar 2024), rising from ₹247.00 to ₹258.40. During the last trading day the stock fluctuated 5.84% from a day low at ₹249.30 to a day high of ₹263.85. The price has been going up and down for this period, and there has been a 18.15% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 10 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately ₹5.35 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.31% during the next 3 months and, with a 90% probability hold a price between ₹204.68 and ₹265.48 at the end of this 3-month period.

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KOPRAN.BO Signals & Forecast

The Kopran Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at ₹254.59 and ₹256.91. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -2.69%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Kopran Limited stock

Kopran Limited finds support from accumulated volume at ₹254.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹14.55 between high and low, or 5.84%. For the last week, the stock has had daily average volatility of 3.76%.

Our recommended stop-loss: ₹246.41 (-4.64%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 7 days ago.)

Trading Expectations (KOPRAN.BO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Kopran Limited to open at ₹257.18, and during the day (based on 14 day Average True Range), to move between ₹244.05 and ₹272.75, which gives a possible trading interval of +/-₹14.35 (+/-5.55%) up or down from last closing price. If Kopran Limited takes out the full calculated possible swing range there will be an estimated 11.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹254.90 (1.35%) than the resistance at ₹273.40 (5.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Kopran Limited stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Current score: 2.256 Buy Candidate Upgraded

Predicted Opening Price for Kopran Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹257.18 ( 0.471%) ₹258.40

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KOPRAN.BO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 271.73 5.16 %
R2 266.18 3.01 %
R1 262.74 1.68 %
Current price: 258.40
Support S1 251.63 -2.62 %
S2 248.19 -3.95 %
S3 242.63 -6.10 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 289.00 11.84 %
R2 283.80 9.83 %
R1 273.40 5.80 %
Current price 258.40
Support S1 254.90 -1.35%
S2 252.00 -2.48%
S3 229.75 -11.09%

FAQ

What is the symbol for Kopran Limited Stock and on which exchange is it traded?
The symbol for Kopran Limited is KOPRAN.BO and it is traded on the XBOM (Bombay Stock Exchange).

Should I buy or sell Kopran Limited Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

How to buy Kopran Limited Stock?
Kopran Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Kopran Limited Stock.

What's the current price of Kopran Limited Stock?
As of the end of day on the 2024-03-28, the price of an Kopran Limited (KOPRAN.BO) share was ₹258.40.

What is the 52-week high and low for Kopran Limited Stock?
The 52-week high for Kopran Limited Stock is ₹292.40 and the 52-week low is ₹96.80.

When is the next earnings date for Kopran Limited?
The upcoming earnings date for Kopran Limited is May 23, 2024.
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