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If you are looking for Global Education Share target for 2024/2025 you have come to the right place.
On our Kannada Whatsapp Group, one of the members had asked to analyze the global education target and its analysis.
Global Education Share is valued at 350 crores as of 25th July 2024 when I author this article.
Learn Well: The Basics of Stock Market for Beginners Book by Ashok Kumar N Rao
Global Education LIC Share Price Analysis for Short-term
- Global Education Share is currently in an Enhanced Surveillance Measure stage 1.
- This means the stock is only traded in auction either to BUY or Sell, and liquidity is not an option.
- This means the stock will only be traded in auction style and you cannot trade the stock at your whims and fancies, and of course not the price you want it at!
- Global Education Ltd Share Price had a great increase between 240 to 270 levels for a very long time.
- Since this surveillance began, the stock continuously sank all the way.
- I too had suggested global education limited share to be bought around 199 and requested the group members to exit at 197.
- The stock should have a steady volume rise and only then the auction of the stock will be lifted post 3 months of monitoring by the exchange.
- Technically speaking the stock has no momentum currently due to the sudden decrease in volume.
- Also global education limited share is in a downward parallel falling channel which shows, its stuck in a downward spiral till it moves above the channel.
- The stock has supports at 172 and 162 and resistances at 189 and 230 as per Fibonacci retracement.
- Off course not to forget since it is currently below 20-day EMA, this too will be a resistance for the stock in the short term.
- Since the stock has tried to breach the parallel falling channel, the more it does this, the more of the chance to break loose on the top.
So to determine the short-term global education share target 2024, 189 which is the top of the parallel channel will definitely be achieved. Also if the stock closes above 189, in the short term 230 will be definitely achieved.
Global Education Share Target 2025
- Let’s now look at the lic share price target 2025 year ahead.
- Since the Global Education Share has seen a downward profit spiral for the last 2 quarters, the share price is heading lower.
- Stock is currently down, due to the parallel channel.
- Once the momentum picks up after the lift of auction-style trading in the stock, the share price will definitely rise.
- If at all the global education share breaks the lower level of the parallel channel stock price will be headed towards 136.
- If the stock breaks and stays above 189, the Global Education Limited share is surely headed higher.
So to determine the Global Education Limited share target for 2025, let’s look at the Fibonacci extension which shows the 2025 target can be 230 to 259, only if it closes above 189.
Learn Well: The Basics of Stock Market for Beginners Book by Ashok Kumar N Rao
Global Education Share Conclusion:
- Global Education Share our group member, entered around is 212, which means there are a lot of resistances to be torn apart before the price is hit.
- Global Education Ltd Share Price isn’t headed constantly higher until the auction is completed.
- Also, the stock won’t be able to sustain the blow of sellers every day due to auctions.
- The stock may tumble down due to its low volume trades in the short term before heading higher.
- As of now, you may hold Global Education Limited share to see the light of the day to sell it around 230 which is the short-term target for the stock!
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