Stock Information Portal

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

Xchanging Solutions Limited

Symbol: NSE:XCHANGING

ISIN: INE692G01013

127.83

As on 2024-07-23

81.00 (52W Low) 176.50 (52W High)

XCHANGING's Today's Performance

Xchanging Solutions Limited started the day by opening at 129.50 today 2024-07-23. Its shares reached a high of 130.90 and dipped to a low of 120.14 in intraday. When the markets closed, XCHANGING’s stock price settled at ₹127.83 per share. Also check out its key support and resistance levels.

XCHANGING Buy/Sell Targets

Tomorrow, sell XCHANGING when its price reaches ₹ 127.83 with a stop-loss order at ₹ 131.99. You can set the target price as ₹ 123.67 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 XCHANGING 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 XCHANGING

Downside Targets Value in ₹
Tomorrow Down Target 1 132
Tomorrow Down Target 2 137
Tomorrow Down Target 3 143

Important Levels for XCHANGING

Holding Levels Value in ₹
Tomorrow Up Target 1 122
Tomorrow Up Target 2 116
Tomorrow Up Target 3 111
Based on where the stock opens tomorrow, if XCHANGING opens on a positive note, our first target will be ₹132. If Target 1 is achieved, we will aim for Target 2 which is ₹137.

But if XCHANGING falls below the average value of ₹126.29, you can enter a sell side position with target number 1 - ₹122 and second target - ₹116 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 XCHANGING

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

Based on this, the predicted sentiment for XCHANGING is strong bullish.

Tomorrow's Volume based share price Forecast for XCHANGING

XCHANGING's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 12%.

Reversal detection for XCHANGING

Predicted trend chart of XCHANGING tomorrow for price forecast
XCHANGING may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹130 in morning tomorrow
Target 1 tomorrow130
Target 2 tomorrow133
Target 3 tomorrow137
 

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 XCHANGING'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 XCHANGING opens on a positive note, our first target will be ₹132.44. If Target 1 is achieved, we will aim for Target 2 which is ₹137.05.

But if XCHANGING falls below the average value of ₹126.29, you can enter a sell side position with target number 1 - ₹121.68 and second target - ₹115.53

XCHANGING's Weekly Targets
1st Up Target 133.84
2nd Up Target 139.85
1st Down Target 120.98
2nd Down Target 114.13

As the week for XCHANGING ended on bearish sentiments, we can expect further continuation of this sentiment. XCHANGING's initial target will be 133.84 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 120.98 in the upcoming week.

Weekly OHLC Values
Open 128.00
High 133.00
Low 120.14
Close 127.83

Week for XCHANGING started with an open price of 128.00, and the close was at 127.83. XCHANGING reached the highest of 133.00 and dipped lowest up to 120.14 last week. This indicates a bearish sentiment for the week.

XCHANGING full month swing targets
Monthly Up Target 1 146.70
Monthly Up Target 2 152.71
Monthly Down Target 1 108.12
Monthly Down Target 2 88.41

Targets of ₹146.70 can be expected to be reached in the coming month. Once XCHANGING achieved this target, we can aim for the next upside target of ₹152.71.

XCHANGING if fails to hold upside, down targets of ₹108.12 and ₹88.41 can be achieved by end of this month.

For complete three weeks if XCHANGING 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 XCHANGING

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

XCHANGING is expected to reach the target of 132.44 in tomorrow's trading session.

After achieving the initial target in XCHANGING, we will aim for higher targets of 137.05 tomorrow.

However, if XCHANGING starts to trade below ₹126.29, then we will shift our focus to the sell side and aim for down targets of 121.68 and 115.53.