Price and trend forecast of QUICKHEAL for Tomorrow, Weekly, Monthly
Quick Heal Technologies Limited
Symbol: NSE:QUICKHEAL
ISIN: INE306L01010
599.85
As on 2024-07-26
QUICKHEAL's Today's Performance
Quick Heal Technologies Limited started the day by opening at 594.30 today 2024-07-26. Its shares reached a high of 609.95 and dipped to a low of 590.00 in intraday. When the markets closed, QUICKHEAL’s stock price settled at ₹599.85 per share. Also check out its key support and resistance levels.
QUICKHEAL Buy/Sell Targets
Tomorrow, buy QUICKHEAL when its price reaches ₹ 599.85 with a stop-loss order at ₹ 586.31. You can set the target price as ₹ 613.39 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 QUICKHEAL 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 QUICKHEAL
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 610 |
| Tomorrow Down Target 2 | 620 |
| Tomorrow Down Target 3 | 630 |
Important Levels for QUICKHEAL
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 590 |
| Tomorrow Up Target 2 | 580 |
| Tomorrow Up Target 3 | 570 |
Based on where the stock opens tomorrow, if QUICKHEAL opens on a positive note, our first target will be ₹610. If Target 1 is achieved, we will aim for Target 2 which is ₹620.
But if QUICKHEAL falls below the average value of ₹599.93, you can enter a sell side position with target number 1 - ₹590 and second target - ₹580 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 QUICKHEAL
Looking at QUICKHEAL, 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, QUICKHEAL has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for QUICKHEAL is moderate bullish.
Tomorrow's Volume based share price Forecast for QUICKHEAL
QUICKHEAL'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 -54%.
Reversal detection for QUICKHEAL
QUICKHEAL may trend may continue to be bullish since stock is making higher highs and we can get target of ₹597 in morning tomorrow
| Target 1 tomorrow | 608 |
| Target 2 tomorrow | 612 |
| Target 3 tomorrow | 620 |
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 QUICKHEAL'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 QUICKHEAL opens on a positive note, our first target will be ₹609.87. If Target 1 is achieved, we will aim for Target 2 which is ₹619.88.
But if QUICKHEAL falls below the average value of ₹599.93, you can enter a sell side position with target number 1 - ₹589.92 and second target - ₹579.98
QUICKHEAL's Weekly Targets
| 1st Up Target | 658.43 |
| 2nd Up Target | 717.02 |
| 1st Down Target | 544.83 |
| 2nd Down Target | 489.82 |
As the week for QUICKHEAL ended on bearish sentiments, we can expect further continuation of this sentiment. QUICKHEAL's initial target will be 658.43 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 544.83 in the upcoming week.
Weekly OHLC Values
| Open | 617.90 |
| High | 662.00 |
| Low | 548.40 |
| Close | 599.85 |
Week for QUICKHEAL started with an open price of 617.90, and the close was at 599.85. QUICKHEAL reached the highest of 662.00 and dipped lowest up to 548.40 last week. This indicates a bearish sentiment for the week.
QUICKHEAL full month swing targets
| Monthly Up Target 1 | 772.03 |
| Monthly Up Target 2 | 830.62 |
| Monthly Down Target 1 | 431.23 |
| Monthly Down Target 2 | 262.62 |
Targets of ₹772.03 can be expected to be reached in the coming month. Once QUICKHEAL achieved this target, we can aim for the next upside target of ₹830.62.
QUICKHEAL if fails to hold upside, down targets of ₹431.23 and ₹262.62 can be achieved by end of this month.
For complete three weeks if QUICKHEAL 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 QUICKHEAL
| Symbol | Name | Industry |
|---|---|---|
| TCS | Tata Consultancy Services Limited | Information Technology Services |
| INFY | Infosys Limited | Information Technology Services |
| CYIENTDLM | Cyient DLM Limited | Electronic Components |
| HCLTECH | HCL Technologies Limited | Information Technology Services |
| IDEAFORGE | ideaForge Technology Limited | Computer Hardware |
Summary
QUICKHEAL is expected to reach the target of 609.87 in tomorrow's trading session.
After achieving the initial target in QUICKHEAL, we will aim for higher targets of 619.88 tomorrow.
However, if QUICKHEAL starts to trade below ₹599.93, then we will shift our focus to the sell side and aim for down targets of 589.92 and 579.98.