Ksb Limited Stock Forecast
Ksb Limited stock price up 0.472% on Tuesday
(Updated on Jun 25, 2024)
The Ksb Limited stock price gained 0.472% on the last trading day (Tuesday, 25th Jun 2024), rising from ₹4,773.65 to ₹4,796.20. During the last trading day the stock fluctuated 1.82% from a day low at ₹4,759.75 to a day high of ₹4,846.60. The price has risen in 7 of the last 10 days and is up by 3.64% over the past 2 weeks. Volume fell on the last day by -189 thousand shares and in total, 21 thousand shares were bought and sold for approximately ₹100.92 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.50% during the next 3 months and, with a 90% probability hold a price between ₹4,860.39 and ₹5,254.17 at the end of this 3-month period.
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KSB.NS Signals & Forecast
Mostly positive signals in the chart today. The Ksb Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹4,723.90 and ₹4,627.47. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 05, 2024, and so far it has risen 7.87%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
Support, Risk & Stop-loss for Ksb Limited stock
Ksb Limited finds support from accumulated volume at ₹4,773.65 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 ₹86.85 between high and low, or 1.82%. For the last week, the stock has had daily average volatility of 3.53%.
Our recommended stop-loss: ₹4,573.42 (-4.65%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 77 and this increases the risk substantially. There is a buy signal from a pivot bottom found 22 days ago.)
Trading Expectations (KSB.NS) For The Upcoming Trading Day Of Wednesday 26th
For the upcoming trading day on Wednesday, 26th we expect Ksb Limited to open at ₹4,800.85, and during the day (based on 14 day Average True Range), to move between ₹4,597.67 and ₹4,994.73, which gives a possible trading interval of +/-₹198.53 (+/-4.14%) up or down from last closing price. If Ksb Limited takes out the full calculated possible swing range there will be an estimated 8.28% move between the lowest and the highest trading price during the day.
With no resistance above and support from accumulated volume @ ₹4,773.65, some ₹22.55 (0.47%) from the current price of ₹4,796.20, our system finds the risk reward attractive.
Is Ksb Limited stock A Buy?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ksb Limited stock to perform well in the short-term.
Current score: 4.754 Buy Candidate Unchanged
Predicted Opening Price for Ksb Limited of Wednesday, June 26, 2024
| Fair opening price June 26, 2024 | Current price |
|---|---|
| ₹4,800.85 ( 0.0970%) | ₹4,796.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KSB.NS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 4,887.70 | 1.91% |
| R2 | 4,854.52 | 1.22% |
| R1 | 4,834.03 | 0.789% |
| Price | 4,796.20 | |
| S1 | 4,767.67 | -0.595% |
| S2 | 4,747.18 | -1.02% |
| S3 | 4,714.00 | -1.71% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 0 | - |
| Price | 4,796.20 | |
| S1 | 4,773.65 | -0.470% |
| S2 | 4,685.20 | -2.31% |
| S3 | 4,446.10 | -7.30% |
KSB Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 13, 2024 | Jun 13, 2024 | Jul 27, 2024 | ₹17.50 | 0.365% |
| 2 | Apr 28, 2023 | Apr 28, 2023 | Jun 10, 2023 | ₹15.00 | 0.699% |
| 3 | Apr 28, 2022 | Apr 28, 2022 | Jun 10, 2022 | ₹12.50 | 0.91% |
| 4 | Apr 15, 2021 | Apr 15, 2021 | May 29, 2021 | ₹8.50 | 0.85% |
| 5 | Apr 23, 2020 | Apr 23, 2020 | May 08, 2020 | ₹8.00 | 1.78% |
FAQ
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