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

Xpro India Limited

Symbol: NSE:XPROINDIA

ISIN: INE445C01015

1,072.40

As on 2024-04-12

643.00 (52W Low) 1,297.80 (52W High)

XPROINDIA's Today's Performance

Xpro India Limited started the day by opening at 1,062.00 today 2024-04-12. Its shares reached a high of 1,077.00 and dipped to a low of 1,050.05 in intraday. When the markets closed, XPROINDIA’s stock price settled at ₹1,072.40 per share. Also check out its key support and resistance levels.

XPROINDIA Buy/Sell Targets

Tomorrow, buy XPROINDIA when its price reaches ₹ 1,072.40 with a stop-loss order at ₹ 1,055.63. You can set the target price as ₹ 1,089.17 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 XPROINDIA 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 XPROINDIA

Resistance Levels Value in ₹
Tomorrow Resistance 1 1,083
Tomorrow Resistance 2 1,093
Tomorrow Resistance 3 1,110

Important Supports for XPROINDIA

Support Levels Value in ₹
Tomorrow Support 1 1,056
Tomorrow Support 2 1,040
Tomorrow Support 3 1,029
Based on where the stock opens tomorrow, if XPROINDIA opens on a positive note, our first target will be ₹1,083. If Target 1 is achieved, we will aim for Target 2 which is ₹1,093.

But if XPROINDIA falls below the average value of ₹1,066.48, you can enter a sell side position with target number 1 - ₹1,056 and second target - ₹1,040 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 XPROINDIA

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

Based on this, the predicted sentiment for XPROINDIA is moderate bearish.

Tomorrow's Volume based share price Forecast for XPROINDIA

XPROINDIA's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is -46%.

Reversal detection for XPROINDIA

Predicted trend chart of XPROINDIA tomorrow for price forecast
XPROINDIA may trend may continue to be bullish since stock is making higher highs and we can get target of ₹1060 in morning tomorrow
Target 1 tomorrow1077
Target 2 tomorrow1083
Target 3 tomorrow1093
 

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 XPROINDIA'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 XPROINDIA opens on a positive note, our first target will be ₹1,082.92. If Target 1 is achieved, we will aim for Target 2 which is ₹1,093.43.

But if XPROINDIA falls below the average value of ₹1,066.48, you can enter a sell side position with target number 1 - ₹1,055.97 and second target - ₹1,039.53

XPROINDIA's Weekly Targets
1st Up Target 1,102.05
2nd Up Target 1,131.70
1st Down Target 1,045.60
2nd Down Target 1,018.80

As the week for XPROINDIA ended on bearish sentiments, we can expect further continuation of this sentiment. XPROINDIA's initial target will be 1,102.05 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 1,045.60 in the upcoming week.

Weekly OHLC Values
Open 1,099.95
High 1,104.90
Low 1,048.45
Close 1,072.40

Week for XPROINDIA started with an open price of 1,099.95, and the close was at 1,072.40. XPROINDIA reached the highest of 1,104.90 and dipped lowest up to 1,048.45 last week. This indicates a bearish sentiment for the week.

XPROINDIA full month swing targets
Monthly Up Target 1 1,158.50
Monthly Up Target 2 1,188.15
Monthly Down Target 1 989.15
Monthly Down Target 2 905.90

Targets of ₹1,158.50 can be expected to be reached in the coming month. Once XPROINDIA achieved this target, we can aim for the next upside target of ₹1,188.15.

XPROINDIA if fails to hold upside, down targets of ₹989.15 and ₹905.90 can be achieved by end of this month.

For complete three weeks if XPROINDIA 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

XPROINDIA is expected to reach the target of 1,082.92 in tomorrow's trading session.

After achieving the initial target in XPROINDIA, we will aim for higher targets of 1,093.43 tomorrow.

However, if XPROINDIA starts to trade below ₹1,066.48, then we will shift our focus to the sell side and aim for down targets of 1,055.97 and 1,039.53.