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

Ajmera Realty & Infra India Limited

Symbol: NSE:AJMERA

ISIN: INE298G01027

662.80

As on 2024-10-09

355.00 (52W Low) 887.45 (52W High)

AJMERA's Today's Performance

Ajmera Realty & Infra India Limited started the day by opening at 648.85 today 2024-10-09. Its shares reached a high of 676.00 and dipped to a low of 644.60 in intraday. When the markets closed, AJMERA’s stock price settled at ₹662.80 per share. Also check out its key support and resistance levels.

AJMERA Buy/Sell Targets

Tomorrow, buy AJMERA when its price reaches ₹ 662.80 with a stop-loss order at ₹ 646.43. You can set the target price as ₹ 679.18 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 AJMERA 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 AJMERA

Downside Targets Value in ₹
Tomorrow Down Target 1 678
Tomorrow Down Target 2 693
Tomorrow Down Target 3 709

Important Levels for AJMERA

Holding Levels Value in ₹
Tomorrow Up Target 1 646
Tomorrow Up Target 2 630
Tomorrow Up Target 3 615
Based on where the stock opens tomorrow, if AJMERA opens on a positive note, our first target will be ₹678. If Target 1 is achieved, we will aim for Target 2 which is ₹693.

But if AJMERA falls below the average value of ₹661.13, you can enter a sell side position with target number 1 - ₹646 and second target - ₹630 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 AJMERA

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

Based on this, the predicted sentiment for AJMERA is strong bearish.

Tomorrow's Volume based share price Forecast for AJMERA

AJMERA's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish trend. Volume trend strength over the last month compared to the last week is 80%.

Reversal detection for AJMERA

Predicted trend chart of AJMERA tomorrow for price forecast
AJMERA may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹627 in morning tomorrow
Target 1 tomorrow673
Target 2 tomorrow681
Target 3 tomorrow693
 

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 AJMERA'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 AJMERA opens on a positive note, our first target will be ₹677.67. If Target 1 is achieved, we will aim for Target 2 which is ₹692.53.

But if AJMERA falls below the average value of ₹661.13, you can enter a sell side position with target number 1 - ₹646.27 and second target - ₹629.73

AJMERA's Weekly Targets
1st Up Target 689.35
2nd Up Target 715.90
1st Down Target 622.90
2nd Down Target 583.00

As the week for AJMERA ended on bullish sentiments, we can expect further continuation of this sentiment. AJMERA's initial target will be 689.35 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 622.90 in the upcoming week.

Weekly OHLC Values
Open 640.00
High 676.00
Low 609.55
Close 662.80

Week for AJMERA started with an open price of 640.00, and the close was at 662.80. AJMERA reached the highest of 676.00 and dipped lowest up to 609.55 last week. This indicates a bullish sentiment for the week.

AJMERA full month swing targets
Monthly Up Target 1 755.80
Monthly Up Target 2 782.35
Monthly Down Target 1 556.45
Monthly Down Target 2 450.10

Targets of ₹755.80 can be expected to be reached in the coming month. Once AJMERA achieved this target, we can aim for the next upside target of ₹782.35.

AJMERA if fails to hold upside, down targets of ₹556.45 and ₹450.10 can be achieved by end of this month.

For complete three weeks if AJMERA 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 AJMERA

Symbol Name Industry
DLF DLF Limited Real Estate - Development
LODHA Macrotech Developers Limited Real Estate - Development
GODREJPROP Godrej Properties Limited Real Estate - Development
OBEROIRLTY Oberoi Realty Limited Real Estate - Development
PHOENIXLTD The Phoenix Mills Limited Real Estate - Diversified

Summary

AJMERA is expected to reach the target of 677.67 in tomorrow's trading session.

After achieving the initial target in AJMERA, we will aim for higher targets of 692.53 tomorrow.

However, if AJMERA starts to trade below ₹661.13, then we will shift our focus to the sell side and aim for down targets of 646.27 and 629.73.