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

Hatsun Agro Product Limited

Symbol: NSE:HATSUN

ISIN: INE473B01035

1,212.25

As on 2024-07-26

959.95 (52W Low) 1,400.00 (52W High)

HATSUN's Today's Performance

Hatsun Agro Product Limited started the day by opening at 1,220.00 today 2024-07-26. Its shares reached a high of 1,236.40 and dipped to a low of 1,207.00 in intraday. When the markets closed, HATSUN’s stock price settled at ₹1,212.25 per share. Also check out its key support and resistance levels.

HATSUN Buy/Sell Targets

Tomorrow, sell HATSUN when its price reaches ₹ 1,212.25 with a stop-loss order at ₹ 1,233.49. You can set the target price as ₹ 1,191.01 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 HATSUN 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 HATSUN

Downside Targets Value in ₹
Tomorrow Down Target 1 1,230
Tomorrow Down Target 2 1,248
Tomorrow Down Target 3 1,260

Important Levels for HATSUN

Holding Levels Value in ₹
Tomorrow Up Target 1 1,201
Tomorrow Up Target 2 1,189
Tomorrow Up Target 3 1,171
Based on where the stock opens tomorrow, if HATSUN opens on a positive note, our first target will be ₹1,230. If Target 1 is achieved, we will aim for Target 2 which is ₹1,248.

But if HATSUN falls below the average value of ₹1,218.55, you can enter a sell side position with target number 1 - ₹1,201 and second target - ₹1,189 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 HATSUN

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

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

Tomorrow's Volume based share price Forecast for HATSUN

HATSUN's Volume is currently in a Decreasing 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 15%.

Reversal detection for HATSUN

Predicted trend chart of HATSUN tomorrow for price forecast
HATSUN may trend may continue to be bearish since stock is making lower low and we can get target of ₹1222 in morning tomorrow
Target 1 tomorrow1230
Target 2 tomorrow1237
Target 3 tomorrow1248
 

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 HATSUN'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 HATSUN opens on a positive note, our first target will be ₹1,230.10. If Target 1 is achieved, we will aim for Target 2 which is ₹1,247.95.

But if HATSUN falls below the average value of ₹1,218.55, you can enter a sell side position with target number 1 - ₹1,200.70 and second target - ₹1,189.15

HATSUN's Weekly Targets
1st Up Target 1,264.18
2nd Up Target 1,316.12
1st Down Target 1,171.13
2nd Down Target 1,130.02

As the week for HATSUN ended on bullish sentiments, we can expect further continuation of this sentiment. HATSUN's initial target will be 1,264.18 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 1,171.13 in the upcoming week.

Weekly OHLC Values
Open 1,210.00
High 1,275.00
Low 1,181.95
Close 1,212.25

Week for HATSUN started with an open price of 1,210.00, and the close was at 1,212.25. HATSUN reached the highest of 1,275.00 and dipped lowest up to 1,181.95 last week. This indicates a bullish sentiment for the week.

HATSUN full month swing targets
Monthly Up Target 1 1,357.23
Monthly Up Target 2 1,409.17
Monthly Down Target 1 1,078.08
Monthly Down Target 2 943.92

Targets of ₹1,357.23 can be expected to be reached in the coming month. Once HATSUN achieved this target, we can aim for the next upside target of ₹1,409.17.

HATSUN if fails to hold upside, down targets of ₹1,078.08 and ₹943.92 can be achieved by end of this month.

For complete three weeks if HATSUN 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

HATSUN is expected to reach the target of 1,230.10 in tomorrow's trading session.

After achieving the initial target in HATSUN, we will aim for higher targets of 1,247.95 tomorrow.

However, if HATSUN starts to trade below ₹1,218.55, then we will shift our focus to the sell side and aim for down targets of 1,200.70 and 1,189.15.