Stock Information Portal

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

SIGNATUREGLOBAL (INDIA) LIMITED

Symbol: NSE:SIGNATURE

ISIN: INE903U01023

1,314.95

As on 2024-04-12

444.00 (52W Low) 1,427.90 (52W High)

SIGNATURE's Today's Performance

SIGNATUREGLOBAL (INDIA) LIMITED started the day by opening at 1,358.05 today 2024-04-12. Its shares reached a high of 1,366.25 and dipped to a low of 1,311.00 in intraday. When the markets closed, SIGNATURE’s stock price settled at ₹1,314.95 per share. Also check out its key support and resistance levels.

SIGNATURE Buy/Sell Targets

Tomorrow, sell SIGNATURE when its price reaches ₹ 1,314.95 with a stop-loss order at ₹ 1,330.82. You can set the target price as ₹ 1,299.08 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 SIGNATURE for tomorrow's session along with weekly support and resistance. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.

Important Resistance for SIGNATURE

Resistance Levels Value in ₹
Tomorrow Resistance 1 1,350
Tomorrow Resistance 2 1,386
Tomorrow Resistance 3 1,406

Important Supports for SIGNATURE

Support Levels Value in ₹
Tomorrow Support 1 1,295
Tomorrow Support 2 1,275
Tomorrow Support 3 1,240
Based on where the stock opens tomorrow, if SIGNATURE opens on a positive note, our first target will be ₹1,350. If Target 1 is achieved, we will aim for Target 2 which is ₹1,386.

But if SIGNATURE falls below the average value of ₹1,330.73, you can enter a sell side position with target number 1 - ₹1,295 and second target - ₹1,275 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 SIGNATURE

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

Based on this, the predicted sentiment for SIGNATURE is strong bearish.

Tomorrow's Volume based share price Forecast for SIGNATURE

SIGNATURE's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish trend. Volume trend strength over the last month compared to the last week is 503%.

Reversal detection for SIGNATURE

Predicted trend chart of SIGNATURE tomorrow for price forecast
SIGNATURE may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹1363 in morning tomorrow
Target 1 tomorrow1352
Target 2 tomorrow1365
Target 3 tomorrow1386
 

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 SIGNATURE'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 SIGNATURE opens on a positive note, our first target will be ₹1,350.47. If Target 1 is achieved, we will aim for Target 2 which is ₹1,385.98.

But if SIGNATURE falls below the average value of ₹1,330.73, you can enter a sell side position with target number 1 - ₹1,295.22 and second target - ₹1,275.48

SIGNATURE's Weekly Targets
1st Up Target 1,355.53
2nd Up Target 1,396.12
1st Down Target 1,292.68
2nd Down Target 1,270.42

As the week for SIGNATURE ended on bearish sentiments, we can expect further continuation of this sentiment. SIGNATURE's initial target will be 1,355.53 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 1,292.68 in the upcoming week.

Weekly OHLC Values
Open 1,348.00
High 1,373.85
Low 1,311.00
Close 1,314.95

Week for SIGNATURE started with an open price of 1,348.00, and the close was at 1,314.95. SIGNATURE reached the highest of 1,373.85 and dipped lowest up to 1,311.00 last week. This indicates a bearish sentiment for the week.

SIGNATURE full month swing targets
Monthly Up Target 1 1,418.38
Monthly Up Target 2 1,458.97
Monthly Down Target 1 1,229.83
Monthly Down Target 2 1,144.72

Targets of ₹1,418.38 can be expected to be reached in the coming month. Once SIGNATURE achieved this target, we can aim for the next upside target of ₹1,458.97.

SIGNATURE if fails to hold upside, down targets of ₹1,229.83 and ₹1,144.72 can be achieved by end of this month.

For complete three weeks if SIGNATURE 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 SIGNATURE

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

SIGNATURE is expected to reach the target of 1,350.47 in tomorrow's trading session.

After achieving the initial target in SIGNATURE, we will aim for higher targets of 1,385.98 tomorrow.

However, if SIGNATURE starts to trade below ₹1,330.73, then we will shift our focus to the sell side and aim for down targets of 1,295.22 and 1,275.48.