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

Rategain Travel Technologies Limited

Symbol: NSE:RATEGAIN

ISIN: INE0CLI01024

706.45

As on 2024-04-24

345.55 (52W Low) 921.70 (52W High)

RATEGAIN's Today's Performance

Rategain Travel Technologies Limited started the day by opening at 710.80 today 2024-04-24. Its shares reached a high of 714.25 and dipped to a low of 701.50 in intraday. When the markets closed, RATEGAIN’s stock price settled at ₹706.45 per share. Also check out its key support and resistance levels.

RATEGAIN Buy/Sell Targets

Tomorrow, sell RATEGAIN when its price reaches ₹ 706.45 with a stop-loss order at ₹ 719.41. You can set the target price as ₹ 693.49 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 RATEGAIN 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 RATEGAIN

Downside Targets Value in ₹
Tomorrow Down Target 1 713
Tomorrow Down Target 2 720
Tomorrow Down Target 3 726

Important Levels for RATEGAIN

Holding Levels Value in ₹
Tomorrow Up Target 1 701
Tomorrow Up Target 2 695
Tomorrow Up Target 3 688
Based on where the stock opens tomorrow, if RATEGAIN opens on a positive note, our first target will be ₹713. If Target 1 is achieved, we will aim for Target 2 which is ₹720.

But if RATEGAIN falls below the average value of ₹707.40, you can enter a sell side position with target number 1 - ₹701 and second target - ₹695 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 RATEGAIN

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

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

Tomorrow's Volume based share price Forecast for RATEGAIN

RATEGAIN'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 14%.

Reversal detection for RATEGAIN

Predicted trend chart of RATEGAIN tomorrow for price forecast
RATEGAIN may trend may continue to be bearish since stock is making lower low and we can get target of ₹710 in morning tomorrow
Target 1 tomorrow712
Target 2 tomorrow715
Target 3 tomorrow720
 

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 RATEGAIN'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 RATEGAIN opens on a positive note, our first target will be ₹713.30. If Target 1 is achieved, we will aim for Target 2 which is ₹720.15.

But if RATEGAIN falls below the average value of ₹707.40, you can enter a sell side position with target number 1 - ₹700.55 and second target - ₹694.65

RATEGAIN's Weekly Targets
1st Up Target 729.80
2nd Up Target 753.15
1st Down Target 673.60
2nd Down Target 640.75

As the week for RATEGAIN ended on bullish sentiments, we can expect further continuation of this sentiment. RATEGAIN's initial target will be 729.80 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 673.60 in the upcoming week.

Weekly OHLC Values
Open 672.70
High 720.30
Low 664.10
Close 706.45

Week for RATEGAIN started with an open price of 672.70, and the close was at 706.45. RATEGAIN reached the highest of 720.30 and dipped lowest up to 664.10 last week. This indicates a bullish sentiment for the week.

RATEGAIN full month swing targets
Monthly Up Target 1 786.00
Monthly Up Target 2 809.35
Monthly Down Target 1 617.40
Monthly Down Target 2 528.35

Targets of ₹786.00 can be expected to be reached in the coming month. Once RATEGAIN achieved this target, we can aim for the next upside target of ₹809.35.

RATEGAIN if fails to hold upside, down targets of ₹617.40 and ₹528.35 can be achieved by end of this month.

For complete three weeks if RATEGAIN 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

RATEGAIN is expected to reach the target of 713.30 in tomorrow's trading session.

After achieving the initial target in RATEGAIN, we will aim for higher targets of 720.15 tomorrow.

However, if RATEGAIN starts to trade below ₹707.40, then we will shift our focus to the sell side and aim for down targets of 700.55 and 694.65.