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

Procter & Gamble Hygiene and Health Care Limited

Symbol: NSE:PGHH

ISIN: INE179A01014

16,899.95

As on 2024-06-13

13,764.05 (52W Low) 19,250.00 (52W High)

PGHH's Today's Performance

Procter & Gamble Hygiene and Health Care Limited started the day by opening at 16,848.80 today 2024-06-13. Its shares reached a high of 17,000.00 and dipped to a low of 16,612.55 in intraday. When the markets closed, PGHH’s stock price settled at ₹16,899.95 per share. Also check out its key support and resistance levels.

PGHH Buy/Sell Targets

Tomorrow, buy PGHH when its price reaches ₹ 16,899.95 with a stop-loss order at ₹ 16,753.91. You can set the target price as ₹ 17,045.99 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 PGHH 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 PGHH

Downside Targets Value in ₹
Tomorrow Down Target 1 17,062
Tomorrow Down Target 2 17,225
Tomorrow Down Target 3 17,450

Important Levels for PGHH

Holding Levels Value in ₹
Tomorrow Up Target 1 16,675
Tomorrow Up Target 2 16,450
Tomorrow Up Target 3 16,288
Based on where the stock opens tomorrow, if PGHH opens on a positive note, our first target will be ₹17,062. If Target 1 is achieved, we will aim for Target 2 which is ₹17,225.

But if PGHH falls below the average value of ₹16,837.50, you can enter a sell side position with target number 1 - ₹16,675 and second target - ₹16,450 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 PGHH

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

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

Tomorrow's Volume based share price Forecast for PGHH

PGHH'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 131%.

Reversal detection for PGHH

Predicted trend chart of PGHH tomorrow for price forecast
PGHH may trend may continue to be bullish since stock is making higher highs and we can get target of ₹16877 in morning tomorrow
Target 1 tomorrow16986
Target 2 tomorrow17077
Target 3 tomorrow17225
 

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 PGHH'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 PGHH opens on a positive note, our first target will be ₹17,062.45. If Target 1 is achieved, we will aim for Target 2 which is ₹17,224.95.

But if PGHH falls below the average value of ₹16,837.50, you can enter a sell side position with target number 1 - ₹16,675.00 and second target - ₹16,450.05

PGHH's Weekly Targets
1st Up Target 17,105.75
2nd Up Target 17,311.55
1st Down Target 16,653.35
2nd Down Target 16,406.75

As the week for PGHH ended on bullish sentiments, we can expect further continuation of this sentiment. PGHH's initial target will be 17,105.75 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 16,653.35 in the upcoming week.

Weekly OHLC Values
Open 16,711.00
High 17,064.95
Low 16,612.55
Close 16,899.95

Week for PGHH started with an open price of 16,711.00, and the close was at 16,899.95. PGHH reached the highest of 17,064.95 and dipped lowest up to 16,612.55 last week. This indicates a bullish sentiment for the week.

PGHH full month swing targets
Monthly Up Target 1 17,558.15
Monthly Up Target 2 17,763.95
Monthly Down Target 1 16,200.95
Monthly Down Target 2 15,501.95

Targets of ₹17,558.15 can be expected to be reached in the coming month. Once PGHH achieved this target, we can aim for the next upside target of ₹17,763.95.

PGHH if fails to hold upside, down targets of ₹16,200.95 and ₹15,501.95 can be achieved by end of this month.

For complete three weeks if PGHH 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

PGHH is expected to reach the target of 17,062.45 in tomorrow's trading session.

After achieving the initial target in PGHH, we will aim for higher targets of 17,224.95 tomorrow.

However, if PGHH starts to trade below ₹16,837.50, then we will shift our focus to the sell side and aim for down targets of 16,675.00 and 16,450.05.