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

Airan Limited

Symbol: NSE:AIRAN

ISIN: INE645W01026

29.03

As on 2024-07-23

19.40 (52W Low) 37.00 (52W High)

AIRAN's Today's Performance

Airan Limited started the day by opening at 29.47 today 2024-07-23. Its shares reached a high of 29.83 and dipped to a low of 27.10 in intraday. When the markets closed, AIRAN’s stock price settled at ₹29.03 per share. Also check out its key support and resistance levels.

AIRAN Buy/Sell Targets

Tomorrow, sell AIRAN when its price reaches ₹ 29.03 with a stop-loss order at ₹ 29.92. You can set the target price as ₹ 28.14 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 AIRAN 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 AIRAN

Downside Targets Value in ₹
Tomorrow Down Target 1 30
Tomorrow Down Target 2 31
Tomorrow Down Target 3 33

Important Levels for AIRAN

Holding Levels Value in ₹
Tomorrow Up Target 1 27
Tomorrow Up Target 2 26
Tomorrow Up Target 3 25
Based on where the stock opens tomorrow, if AIRAN opens on a positive note, our first target will be ₹30. If Target 1 is achieved, we will aim for Target 2 which is ₹31.

But if AIRAN falls below the average value of ₹28.65, you can enter a sell side position with target number 1 - ₹27 and second target - ₹26 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 AIRAN

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

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

Tomorrow's Volume based share price Forecast for AIRAN

AIRAN'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 -41%.

Reversal detection for AIRAN

Predicted trend chart of AIRAN tomorrow for price forecast
AIRAN may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹29 in morning tomorrow
Target 1 tomorrow30
Target 2 tomorrow30
Target 3 tomorrow31
 

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 AIRAN'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 AIRAN opens on a positive note, our first target will be ₹30.21. If Target 1 is achieved, we will aim for Target 2 which is ₹31.38.

But if AIRAN falls below the average value of ₹28.65, you can enter a sell side position with target number 1 - ₹27.48 and second target - ₹25.92

AIRAN's Weekly Targets
1st Up Target 30.21
2nd Up Target 31.38
1st Down Target 27.48
2nd Down Target 25.92

As the week for AIRAN ended on bearish sentiments, we can expect further continuation of this sentiment. AIRAN's initial target will be 30.21 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 27.48 in the upcoming week.

Weekly OHLC Values
Open 29.25
High 29.83
Low 27.10
Close 29.03

Week for AIRAN started with an open price of 29.25, and the close was at 29.03. AIRAN reached the highest of 29.83 and dipped lowest up to 27.10 last week. This indicates a bearish sentiment for the week.

AIRAN full month swing targets
Monthly Up Target 1 32.94
Monthly Up Target 2 34.11
Monthly Down Target 1 24.75
Monthly Down Target 2 20.46

Targets of ₹32.94 can be expected to be reached in the coming month. Once AIRAN achieved this target, we can aim for the next upside target of ₹34.11.

AIRAN if fails to hold upside, down targets of ₹24.75 and ₹20.46 can be achieved by end of this month.

For complete three weeks if AIRAN 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.

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Summary

AIRAN is expected to reach the target of 30.21 in tomorrow's trading session.

After achieving the initial target in AIRAN, we will aim for higher targets of 31.38 tomorrow.

However, if AIRAN starts to trade below ₹28.65, then we will shift our focus to the sell side and aim for down targets of 27.48 and 25.92.