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

Max Estates Limited

Symbol: NSE:MAXESTATES

ISIN: INE03EI01018

565.50

As on 2024-12-06

245.00 (52W Low) 698.75 (52W High)

MAXESTATES's Today's Performance

Max Estates Limited started the day by opening at 555.40 today 2024-12-06. Its shares reached a high of 586.95 and dipped to a low of 553.30 in intraday. When the markets closed, MAXESTATES’s stock price settled at ₹565.50 per share. Also check out its key support and resistance levels.

MAXESTATES Buy/Sell Targets

Tomorrow, buy MAXESTATES when its price reaches ₹ 565.50 with a stop-loss order at ₹ 553.97. You can set the target price as ₹ 577.03 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 MAXESTATES 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 MAXESTATES

Downside Targets Value in ₹
Tomorrow Down Target 1 584
Tomorrow Down Target 2 602
Tomorrow Down Target 3 618

Important Levels for MAXESTATES

Holding Levels Value in ₹
Tomorrow Up Target 1 550
Tomorrow Up Target 2 535
Tomorrow Up Target 3 517
Based on where the stock opens tomorrow, if MAXESTATES opens on a positive note, our first target will be ₹584. If Target 1 is achieved, we will aim for Target 2 which is ₹602.

But if MAXESTATES falls below the average value of ₹568.58, you can enter a sell side position with target number 1 - ₹550 and second target - ₹535 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 MAXESTATES

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

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

Tomorrow's Volume based share price Forecast for MAXESTATES

MAXESTATES'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 -36%.

Reversal detection for MAXESTATES

Predicted trend chart of MAXESTATES tomorrow for price forecast
MAXESTATES may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹557 in morning tomorrow
Target 1 tomorrow581
Target 2 tomorrow589
Target 3 tomorrow602
 

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 MAXESTATES'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 MAXESTATES opens on a positive note, our first target will be ₹583.87. If Target 1 is achieved, we will aim for Target 2 which is ₹602.23.

But if MAXESTATES falls below the average value of ₹568.58, you can enter a sell side position with target number 1 - ₹550.22 and second target - ₹534.93

MAXESTATES's Weekly Targets
1st Up Target 594.12
2nd Up Target 622.73
1st Down Target 529.72
2nd Down Target 493.93

As the week for MAXESTATES ended on bullish sentiments, we can expect further continuation of this sentiment. MAXESTATES's initial target will be 594.12 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 529.72 in the upcoming week.

Weekly OHLC Values
Open 541.10
High 586.95
Low 522.55
Close 565.50

Week for MAXESTATES started with an open price of 541.10, and the close was at 565.50. MAXESTATES reached the highest of 586.95 and dipped lowest up to 522.55 last week. This indicates a bullish sentiment for the week.

MAXESTATES full month swing targets
Monthly Up Target 1 658.52
Monthly Up Target 2 687.13
Monthly Down Target 1 465.32
Monthly Down Target 2 365.13

Targets of ₹658.52 can be expected to be reached in the coming month. Once MAXESTATES achieved this target, we can aim for the next upside target of ₹687.13.

MAXESTATES if fails to hold upside, down targets of ₹465.32 and ₹365.13 can be achieved by end of this month.

For complete three weeks if MAXESTATES 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 MAXESTATES

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

MAXESTATES is expected to reach the target of 583.87 in tomorrow's trading session.

After achieving the initial target in MAXESTATES, we will aim for higher targets of 602.23 tomorrow.

However, if MAXESTATES starts to trade below ₹568.58, then we will shift our focus to the sell side and aim for down targets of 550.22 and 534.93.