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

Dev Information Technology Limited

Symbol: NSE:DEVIT

ISIN: INE060X01026

155.02

As on 2025-02-07

94.00 (52W Low) 191.00 (52W High)

DEVIT's Today's Performance

Dev Information Technology Limited started the day by opening at 152.00 today 2025-02-07. Its shares reached a high of 157.83 and dipped to a low of 148.47 in intraday. When the markets closed, DEVIT’s stock price settled at ₹155.02 per share. Also check out its key support and resistance levels.

DEVIT Buy/Sell Targets

Tomorrow, buy DEVIT when its price reaches ₹ 155.02 with a stop-loss order at ₹ 152.24. You can set the target price as ₹ 157.81 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 DEVIT 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 DEVIT

Downside Targets Value in ₹
Tomorrow Down Target 1 159
Tomorrow Down Target 2 163
Tomorrow Down Target 3 168

Important Levels for DEVIT

Holding Levels Value in ₹
Tomorrow Up Target 1 150
Tomorrow Up Target 2 144
Tomorrow Up Target 3 140
Based on where the stock opens tomorrow, if DEVIT opens on a positive note, our first target will be ₹159. If Target 1 is achieved, we will aim for Target 2 which is ₹163.

But if DEVIT falls below the average value of ₹153.77, you can enter a sell side position with target number 1 - ₹150 and second target - ₹144 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 DEVIT

Looking at DEVIT, we've seen a Decreasing 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, DEVIT has been on a Upward path, giving us insights how its value changes in the market.

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

Tomorrow's Volume based share price Forecast for DEVIT

DEVIT's Volume is currently in a Decreasing 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 127%.

Reversal detection for DEVIT

Predicted trend chart of DEVIT tomorrow for price forecast
DEVIT may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹152 in morning tomorrow
Target 1 tomorrow157
Target 2 tomorrow160
Target 3 tomorrow163
 

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 DEVIT'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 DEVIT opens on a positive note, our first target will be ₹159.08. If Target 1 is achieved, we will aim for Target 2 which is ₹163.13.

But if DEVIT falls below the average value of ₹153.77, you can enter a sell side position with target number 1 - ₹149.72 and second target - ₹144.41

DEVIT's Weekly Targets
1st Up Target 159.81
2nd Up Target 164.61
1st Down Target 148.24
2nd Down Target 141.47

As the week for DEVIT ended on bullish sentiments, we can expect further continuation of this sentiment. DEVIT's initial target will be 159.81 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 148.24 in the upcoming week.

Weekly OHLC Values
Open 149.00
High 157.83
Low 146.26
Close 155.02

Week for DEVIT started with an open price of 149.00, and the close was at 155.02. DEVIT reached the highest of 157.83 and dipped lowest up to 146.26 last week. This indicates a bullish sentiment for the week.

DEVIT full month swing targets
Monthly Up Target 1 171.38
Monthly Up Target 2 176.18
Monthly Down Target 1 136.67
Monthly Down Target 2 118.33

Targets of ₹171.38 can be expected to be reached in the coming month. Once DEVIT achieved this target, we can aim for the next upside target of ₹176.18.

DEVIT if fails to hold upside, down targets of ₹136.67 and ₹118.33 can be achieved by end of this month.

For complete three weeks if DEVIT 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 DEVIT

Symbol Name Industry
TCS Tata Consultancy Services Limited Information Technology Services
INFY Infosys Limited Information Technology Services
CYIENTDLM Cyient DLM Limited Electronic Components
HCLTECH HCL Technologies Limited Information Technology Services
IDEAFORGE ideaForge Technology Limited Computer Hardware

Summary

DEVIT is expected to reach the target of 159.08 in tomorrow's trading session.

After achieving the initial target in DEVIT, we will aim for higher targets of 163.13 tomorrow.

However, if DEVIT starts to trade below ₹153.77, then we will shift our focus to the sell side and aim for down targets of 149.72 and 144.41.