Stock Information Portal

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

Xchanging Solutions Limited

Symbol: NSE:XCHANGING

ISIN: INE692G01013

126.80

As on 2024-04-12

56.75 (52W Low) 176.50 (52W High)

XCHANGING's Today's Performance

Xchanging Solutions Limited started the day by opening at 127.90 today 2024-04-12. Its shares reached a high of 129.80 and dipped to a low of 126.30 in intraday. When the markets closed, XCHANGING’s stock price settled at ₹126.80 per share. Also check out its key support and resistance levels.

XCHANGING Buy/Sell Targets

Tomorrow, sell XCHANGING when its price reaches ₹ 126.80 with a stop-loss order at ₹ 129.56. You can set the target price as ₹ 124.04 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 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 XCHANGING

Resistance Levels Value in ₹
Tomorrow Resistance 1 129
Tomorrow Resistance 2 131
Tomorrow Resistance 3 132

Important Supports for XCHANGING

Support Levels Value in ₹
Tomorrow Support 1 125
Tomorrow Support 2 124
Tomorrow Support 3 122
Based on where the stock opens tomorrow, if XCHANGING opens on a positive note, our first target will be ₹129. If Target 1 is achieved, we will aim for Target 2 which is ₹131.

But if XCHANGING falls below the average value of ₹127.63, you can enter a sell side position with target number 1 - ₹125 and second target - ₹124 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 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, 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 moderate bullish.

Tomorrow's Volume based share price Forecast for XCHANGING

XCHANGING'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 12%.

Reversal detection for XCHANGING

Predicted trend chart of XCHANGING tomorrow for price forecast
XCHANGING may trend may continue to be bearish since stock is making lower low and we can get target of ₹128 in morning tomorrow
Target 1 tomorrow129
Target 2 tomorrow130
Target 3 tomorrow131
 

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 ₹128.97. If Target 1 is achieved, we will aim for Target 2 which is ₹131.13.

But if XCHANGING falls below the average value of ₹127.63, you can enter a sell side position with target number 1 - ₹125.47 and second target - ₹124.13

XCHANGING's Weekly Targets
1st Up Target 133.67
2nd Up Target 140.53
1st Down Target 121.97
2nd Down Target 117.13

As the week for XCHANGING ended on bearish sentiments, we can expect further continuation of this sentiment. XCHANGING's initial target will be 133.67 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 121.97 in the upcoming week.

Weekly OHLC Values
Open 127.15
High 135.70
Low 124.00
Close 126.80

Week for XCHANGING started with an open price of 127.15, and the close was at 126.80. XCHANGING reached the highest of 135.70 and dipped lowest up to 124.00 last week. This indicates a bearish sentiment for the week.

XCHANGING full month swing targets
Monthly Up Target 1 145.37
Monthly Up Target 2 152.23
Monthly Down Target 1 110.27
Monthly Down Target 2 93.73

Targets of ₹145.37 can be expected to be reached in the coming month. Once XCHANGING achieved this target, we can aim for the next upside target of ₹152.23.

XCHANGING if fails to hold upside, down targets of ₹110.27 and ₹93.73 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 128.97 in tomorrow's trading session.

After achieving the initial target in XCHANGING, we will aim for higher targets of 131.13 tomorrow.

However, if XCHANGING starts to trade below ₹127.63, then we will shift our focus to the sell side and aim for down targets of 125.47 and 124.13.