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

Zaggle Prepaid Ocean Services Limited

Symbol: NSE:ZAGGLE

ISIN: N/A

287.35

As on 2024-05-17

155.30 (52W Low) 389.45 (52W High)

ZAGGLE's Today's Performance

Zaggle Prepaid Ocean Services Limited started the day by opening at 291.60 today 2024-05-17. Its shares reached a high of 292.55 and dipped to a low of 285.80 in intraday. When the markets closed, ZAGGLE’s stock price settled at ₹287.35 per share. Also check out its key support and resistance levels.

ZAGGLE Buy/Sell Targets

Tomorrow, sell ZAGGLE when its price reaches ₹ 287.35 with a stop-loss order at ₹ 290.96. You can set the target price as ₹ 283.74 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 ZAGGLE 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 ZAGGLE

Downside Targets Value in ₹
Tomorrow Down Target 1 291
Tomorrow Down Target 2 295
Tomorrow Down Target 3 298

Important Levels for ZAGGLE

Holding Levels Value in ₹
Tomorrow Up Target 1 285
Tomorrow Up Target 2 282
Tomorrow Up Target 3 278
Based on where the stock opens tomorrow, if ZAGGLE opens on a positive note, our first target will be ₹291. If Target 1 is achieved, we will aim for Target 2 which is ₹295.

But if ZAGGLE falls below the average value of ₹288.57, you can enter a sell side position with target number 1 - ₹285 and second target - ₹282 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 ZAGGLE

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

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

Tomorrow's Volume based share price Forecast for ZAGGLE

ZAGGLE'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 354%.

Reversal detection for ZAGGLE

Predicted trend chart of ZAGGLE tomorrow for price forecast
ZAGGLE may trend may continue to be bearish since stock is making lower low and we can get target of ₹289 in morning tomorrow
Target 1 tomorrow291
Target 2 tomorrow293
Target 3 tomorrow295
 

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 ZAGGLE'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 ZAGGLE opens on a positive note, our first target will be ₹291.33. If Target 1 is achieved, we will aim for Target 2 which is ₹295.32.

But if ZAGGLE falls below the average value of ₹288.57, you can enter a sell side position with target number 1 - ₹284.58 and second target - ₹281.82

ZAGGLE's Weekly Targets
1st Up Target 295.28
2nd Up Target 303.22
1st Down Target 276.78
2nd Down Target 266.22

As the week for ZAGGLE ended on bearish sentiments, we can expect further continuation of this sentiment. ZAGGLE's initial target will be 295.28 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 276.78 in the upcoming week.

Weekly OHLC Values
Open 287.90
High 292.65
Low 274.15
Close 287.35

Week for ZAGGLE started with an open price of 287.90, and the close was at 287.35. ZAGGLE reached the highest of 292.65 and dipped lowest up to 274.15 last week. This indicates a bearish sentiment for the week.

ZAGGLE full month swing targets
Monthly Up Target 1 313.78
Monthly Up Target 2 321.72
Monthly Down Target 1 258.28
Monthly Down Target 2 229.22

Targets of ₹313.78 can be expected to be reached in the coming month. Once ZAGGLE achieved this target, we can aim for the next upside target of ₹321.72.

ZAGGLE if fails to hold upside, down targets of ₹258.28 and ₹229.22 can be achieved by end of this month.

For complete three weeks if ZAGGLE 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 ZAGGLE

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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

ZAGGLE is expected to reach the target of 291.33 in tomorrow's trading session.

After achieving the initial target in ZAGGLE, we will aim for higher targets of 295.32 tomorrow.

However, if ZAGGLE starts to trade below ₹288.57, then we will shift our focus to the sell side and aim for down targets of 284.58 and 281.82.