Stock Information Portal

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

DCX Systems Limited

Symbol: NSE:DCXINDIA

ISIN: INE0KL801015

314.75

As on 2024-04-12

167.95 (52W Low) 393.00 (52W High)

DCXINDIA's Today's Performance

DCX Systems Limited started the day by opening at 313.80 today 2024-04-12. Its shares reached a high of 322.80 and dipped to a low of 310.00 in intraday. When the markets closed, DCXINDIA’s stock price settled at ₹314.75 per share. Also check out its key support and resistance levels.

DCXINDIA Buy/Sell Targets

Tomorrow, buy DCXINDIA when its price reaches ₹ 314.75 with a stop-loss order at ₹ 309.60. You can set the target price as ₹ 319.90 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 DCXINDIA for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for DCXINDIA

Resistance Levels Value in ₹
Tomorrow Resistance 1 322
Tomorrow Resistance 2 329
Tomorrow Resistance 3 335

Important Supports for DCXINDIA

Support Levels Value in ₹
Tomorrow Support 1 309
Tomorrow Support 2 303
Tomorrow Support 3 296
Based on where the stock opens tomorrow, if DCXINDIA opens on a positive note, our first target will be ₹322. If Target 1 is achieved, we will aim for Target 2 which is ₹329.

But if DCXINDIA falls below the average value of ₹315.85, you can enter a sell side position with target number 1 - ₹309 and second target - ₹303 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 DCXINDIA

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

Based on this, the predicted sentiment for DCXINDIA is moderate bullish.

Tomorrow's Volume based share price Forecast for DCXINDIA

DCXINDIA's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is -5%.

Reversal detection for DCXINDIA

Predicted trend chart of DCXINDIA tomorrow for price forecast
DCXINDIA may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹313 in morning tomorrow
Target 1 tomorrow321
Target 2 tomorrow324
Target 3 tomorrow329
 

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 DCXINDIA'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 DCXINDIA opens on a positive note, our first target will be ₹321.70. If Target 1 is achieved, we will aim for Target 2 which is ₹328.65.

But if DCXINDIA falls below the average value of ₹315.85, you can enter a sell side position with target number 1 - ₹308.90 and second target - ₹303.05

DCXINDIA's Weekly Targets
1st Up Target 322.35
2nd Up Target 329.95
1st Down Target 307.85
2nd Down Target 300.95

As the week for DCXINDIA ended on bearish sentiments, we can expect further continuation of this sentiment. DCXINDIA's initial target will be 322.35 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 307.85 in the upcoming week.

Weekly OHLC Values
Open 322.00
High 323.05
Low 308.55
Close 314.75

Week for DCXINDIA started with an open price of 322.00, and the close was at 314.75. DCXINDIA reached the highest of 323.05 and dipped lowest up to 308.55 last week. This indicates a bearish sentiment for the week.

DCXINDIA full month swing targets
Monthly Up Target 1 336.85
Monthly Up Target 2 344.45
Monthly Down Target 1 293.35
Monthly Down Target 2 271.95

Targets of ₹336.85 can be expected to be reached in the coming month. Once DCXINDIA achieved this target, we can aim for the next upside target of ₹344.45.

DCXINDIA if fails to hold upside, down targets of ₹293.35 and ₹271.95 can be achieved by end of this month.

For complete three weeks if DCXINDIA 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 DCXINDIA

Symbol Name Industry
LT Larsen & Toubro Limited Engineering & Construction
ADANIPORTS Adani Ports and Special Economic Zone Limited Marine Shipping
HAL Hindustan Aeronautics Limited Aerospace & Defense
SIEMENS Siemens Limited Specialty Industrial Machinery
BEL Bharat Electronics Limited Aerospace & Defense

Summary

DCXINDIA is expected to reach the target of 321.70 in tomorrow's trading session.

After achieving the initial target in DCXINDIA, we will aim for higher targets of 328.65 tomorrow.

However, if DCXINDIA starts to trade below ₹315.85, then we will shift our focus to the sell side and aim for down targets of 308.90 and 303.05.