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

Jayant Agro Organics Limited

Symbol: NSE:JAYAGROGN

ISIN: INE785A01026

300.45

As on 2024-07-24

184.90 (52W Low) 349.50 (52W High)

JAYAGROGN's Today's Performance

Jayant Agro Organics Limited started the day by opening at 302.80 today 2024-07-24. Its shares reached a high of 309.15 and dipped to a low of 298.35 in intraday. When the markets closed, JAYAGROGN’s stock price settled at ₹300.45 per share. Also check out its key support and resistance levels.

JAYAGROGN Buy/Sell Targets

Tomorrow, sell JAYAGROGN when its price reaches ₹ 300.45 with a stop-loss order at ₹ 308.71. You can set the target price as ₹ 292.19 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 JAYAGROGN 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 JAYAGROGN

Downside Targets Value in ₹
Tomorrow Down Target 1 307
Tomorrow Down Target 2 313
Tomorrow Down Target 3 318

Important Levels for JAYAGROGN

Holding Levels Value in ₹
Tomorrow Up Target 1 296
Tomorrow Up Target 2 292
Tomorrow Up Target 3 285
Based on where the stock opens tomorrow, if JAYAGROGN opens on a positive note, our first target will be ₹307. If Target 1 is achieved, we will aim for Target 2 which is ₹313.

But if JAYAGROGN falls below the average value of ₹302.65, you can enter a sell side position with target number 1 - ₹296 and second target - ₹292 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 JAYAGROGN

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

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

Tomorrow's Volume based share price Forecast for JAYAGROGN

JAYAGROGN'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 -76%.

Reversal detection for JAYAGROGN

Predicted trend chart of JAYAGROGN tomorrow for price forecast
JAYAGROGN may trend may continue to be bearish since stock is making lower low and we can get target of ₹301 in morning tomorrow
Target 1 tomorrow307
Target 2 tomorrow309
Target 3 tomorrow313
 

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 JAYAGROGN'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 JAYAGROGN opens on a positive note, our first target will be ₹306.95. If Target 1 is achieved, we will aim for Target 2 which is ₹313.45.

But if JAYAGROGN falls below the average value of ₹302.65, you can enter a sell side position with target number 1 - ₹296.15 and second target - ₹291.85

JAYAGROGN's Weekly Targets
1st Up Target 315.00
2nd Up Target 329.55
1st Down Target 285.90
2nd Down Target 271.35

As the week for JAYAGROGN ended on bearish sentiments, we can expect further continuation of this sentiment. JAYAGROGN's initial target will be 315.00 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 285.90 in the upcoming week.

Weekly OHLC Values
Open 301.25
High 315.00
Low 285.90
Close 300.45

Week for JAYAGROGN started with an open price of 301.25, and the close was at 300.45. JAYAGROGN reached the highest of 315.00 and dipped lowest up to 285.90 last week. This indicates a bearish sentiment for the week.

JAYAGROGN full month swing targets
Monthly Up Target 1 344.10
Monthly Up Target 2 358.65
Monthly Down Target 1 256.80
Monthly Down Target 2 213.15

Targets of ₹344.10 can be expected to be reached in the coming month. Once JAYAGROGN achieved this target, we can aim for the next upside target of ₹358.65.

JAYAGROGN if fails to hold upside, down targets of ₹256.80 and ₹213.15 can be achieved by end of this month.

For complete three weeks if JAYAGROGN 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

JAYAGROGN is expected to reach the target of 306.95 in tomorrow's trading session.

After achieving the initial target in JAYAGROGN, we will aim for higher targets of 313.45 tomorrow.

However, if JAYAGROGN starts to trade below ₹302.65, then we will shift our focus to the sell side and aim for down targets of 296.15 and 291.85.