Price and trend forecast of PRITI for Tomorrow, Weekly, Monthly
Priti International Limited
Symbol: NSE:PRITI
ISIN: INE974Z01015
140.50
As on 2024-10-11
PRITI's Today's Performance
Priti International Limited started the day by opening at 138.15 today 2024-10-11. Its shares reached a high of 142.47 and dipped to a low of 138.00 in intraday. When the markets closed, PRITI’s stock price settled at ₹140.50 per share. Also check out its key support and resistance levels.
PRITI Buy/Sell Targets
Tomorrow, buy PRITI when its price reaches ₹ 140.50 with a stop-loss order at ₹ 138.43. You can set the target price as ₹ 142.57 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 PRITI 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 PRITI
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 143 |
| Tomorrow Down Target 2 | 145 |
| Tomorrow Down Target 3 | 147 |
Important Levels for PRITI
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 138 |
| Tomorrow Up Target 2 | 136 |
| Tomorrow Up Target 3 | 134 |
Based on where the stock opens tomorrow, if PRITI opens on a positive note, our first target will be ₹143. If Target 1 is achieved, we will aim for Target 2 which is ₹145.
But if PRITI falls below the average value of ₹140.32, you can enter a sell side position with target number 1 - ₹138 and second target - ₹136 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 PRITI
Looking at PRITI, 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, PRITI has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for PRITI is moderate bearish.
Tomorrow's Volume based share price Forecast for PRITI
PRITI's Volume is currently in a Increasing 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 -40%.
Reversal detection for PRITI
PRITI may trend may continue to be bullish since stock is making higher highs and we can get target of ₹140 in morning tomorrow
| Target 1 tomorrow | 142 |
| Target 2 tomorrow | 143 |
| Target 3 tomorrow | 145 |
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 PRITI'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 PRITI opens on a positive note, our first target will be ₹142.65. If Target 1 is achieved, we will aim for Target 2 which is ₹144.79.
But if PRITI falls below the average value of ₹140.32, you can enter a sell side position with target number 1 - ₹138.18 and second target - ₹135.85
PRITI's Weekly Targets
| 1st Up Target | 145.10 |
| 2nd Up Target | 149.70 |
| 1st Down Target | 133.95 |
| 2nd Down Target | 127.40 |
As the week for PRITI ended on bullish sentiments, we can expect further continuation of this sentiment. PRITI's initial target will be 145.10 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 133.95 in the upcoming week.
Weekly OHLC Values
| Open | 140.06 |
| High | 143.15 |
| Low | 132.00 |
| Close | 140.50 |
Week for PRITI started with an open price of 140.06, and the close was at 140.50. PRITI reached the highest of 143.15 and dipped lowest up to 132.00 last week. This indicates a bullish sentiment for the week.
PRITI full month swing targets
| Monthly Up Target 1 | 156.25 |
| Monthly Up Target 2 | 160.85 |
| Monthly Down Target 1 | 122.80 |
| Monthly Down Target 2 | 105.10 |
Targets of ₹156.25 can be expected to be reached in the coming month. Once PRITI achieved this target, we can aim for the next upside target of ₹160.85.
PRITI if fails to hold upside, down targets of ₹122.80 and ₹105.10 can be achieved by end of this month.
For complete three weeks if PRITI 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 PRITI
| Symbol | Name | Industry |
|---|---|---|
| MARUTI | Maruti Suzuki India Limited | Auto Manufacturers |
| TATAMTRDVR | Tata Motors Limited | Auto Manufacturers |
| TATAMOTORS | Tata Motors Limited | Auto Manufacturers |
| TITAN | Titan Company Limited | Luxury Goods |
| BAJAJ-AUTO | Bajaj Auto Limited | Auto Manufacturers |
Summary
PRITI is expected to reach the target of 142.65 in tomorrow's trading session.
After achieving the initial target in PRITI, we will aim for higher targets of 144.79 tomorrow.
However, if PRITI starts to trade below ₹140.32, then we will shift our focus to the sell side and aim for down targets of 138.18 and 135.85.