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

TV Today Network Limited

Symbol: NSE:TVTODAY

ISIN: INE038F01029

235.50

As on 2024-04-24

178.70 (52W Low) 273.85 (52W High)

TVTODAY's Today's Performance

TV Today Network Limited started the day by opening at 229.00 today 2024-04-24. Its shares reached a high of 239.35 and dipped to a low of 228.05 in intraday. When the markets closed, TVTODAY’s stock price settled at ₹235.50 per share. Also check out its key support and resistance levels.

TVTODAY Buy/Sell Targets

Tomorrow, buy TVTODAY when its price reaches ₹ 235.50 with a stop-loss order at ₹ 231.73. You can set the target price as ₹ 239.28 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 TVTODAY 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 TVTODAY

Downside Targets Value in ₹
Tomorrow Down Target 1 241
Tomorrow Down Target 2 246
Tomorrow Down Target 3 252

Important Levels for TVTODAY

Holding Levels Value in ₹
Tomorrow Up Target 1 229
Tomorrow Up Target 2 223
Tomorrow Up Target 3 218
Based on where the stock opens tomorrow, if TVTODAY opens on a positive note, our first target will be ₹241. If Target 1 is achieved, we will aim for Target 2 which is ₹246.

But if TVTODAY falls below the average value of ₹234.30, you can enter a sell side position with target number 1 - ₹229 and second target - ₹223 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 TVTODAY

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

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

Tomorrow's Volume based share price Forecast for TVTODAY

TVTODAY's Volume is currently in a Increasing 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 -90%.

Reversal detection for TVTODAY

Predicted trend chart of TVTODAY tomorrow for price forecast
TVTODAY may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹228 in morning tomorrow
Target 1 tomorrow239
Target 2 tomorrow241
Target 3 tomorrow246
 

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 TVTODAY'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 TVTODAY opens on a positive note, our first target will be ₹240.55. If Target 1 is achieved, we will aim for Target 2 which is ₹245.60.

But if TVTODAY falls below the average value of ₹234.30, you can enter a sell side position with target number 1 - ₹229.25 and second target - ₹223.00

TVTODAY's Weekly Targets
1st Up Target 242.05
2nd Up Target 248.60
1st Down Target 226.25
2nd Down Target 217.00

As the week for TVTODAY ended on bullish sentiments, we can expect further continuation of this sentiment. TVTODAY's initial target will be 242.05 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 226.25 in the upcoming week.

Weekly OHLC Values
Open 224.20
High 239.35
Low 223.55
Close 235.50

Week for TVTODAY started with an open price of 224.20, and the close was at 235.50. TVTODAY reached the highest of 239.35 and dipped lowest up to 223.55 last week. This indicates a bullish sentiment for the week.

TVTODAY full month swing targets
Monthly Up Target 1 257.85
Monthly Up Target 2 264.40
Monthly Down Target 1 210.45
Monthly Down Target 2 185.40

Targets of ₹257.85 can be expected to be reached in the coming month. Once TVTODAY achieved this target, we can aim for the next upside target of ₹264.40.

TVTODAY if fails to hold upside, down targets of ₹210.45 and ₹185.40 can be achieved by end of this month.

For complete three weeks if TVTODAY 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

TVTODAY is expected to reach the target of 240.55 in tomorrow's trading session.

After achieving the initial target in TVTODAY, we will aim for higher targets of 245.60 tomorrow.

However, if TVTODAY starts to trade below ₹234.30, then we will shift our focus to the sell side and aim for down targets of 229.25 and 223.00.