5paisa Capital Limited Stock Forecast
Red day on Monday for 5paisa Capital Limited stock after losing 1.17%
(Updated on Jun 24, 2024)
The 5paisa Capital Limited stock price fell by -1.17% on the last day (Monday, 24th Jun 2024) from ₹526.95 to ₹520.80. During the last trading day the stock fluctuated 1.53% from a day low at ₹519.00 to a day high of ₹526.95. The price has been going up and down for this period, and there has been a -1.47% loss for the last 2 weeks. Volume has increased on the last day by 5 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 7 thousand shares were bought and sold for approximately ₹3.84 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.56% during the next 3 months and, with a 90% probability hold a price between ₹482.13 and ₹554.55 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
5PAISA.BO Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 04, 2024, and so far it has risen 3.18%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The 5paisa Capital Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at ₹527.19 and ₹524.59. A break-up above any of these levels will issue buy signals. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.
Support, Risk & Stop-loss for 5paisa Capital Limited stock
5paisa Capital Limited finds support from accumulated volume at ₹516.40 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved ₹7.95 between high and low, or 1.53%. For the last week the stock has had daily average volatility of 2.40%.
Our recommended stop-loss: ₹505.59 (-2.92%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 52 days ago.)
Trading Expectations (5PAISA.BO) For The Upcoming Trading Day Of Tuesday 25th
For the upcoming trading day on Tuesday, 25th we expect 5paisa Capital Limited to open at ₹522.25, and during the day (based on 14 day Average True Range), to move between ₹503.52 and ₹538.08, which gives a possible trading interval of +/-₹17.28 (+/-3.32%) up or down from last closing price. If 5paisa Capital Limited takes out the full calculated possible swing range there will be an estimated 6.64% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at ₹516.40 (0.84%) than the resistance at ₹536.70 (3.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is 5paisa Capital Limited stock A Buy?
5paisa Capital Limited holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
Current score: 0.544 Hold/Accumulate Unchanged
Predicted Opening Price for 5paisa Capital Limited of Tuesday, June 25, 2024
Fair opening price June 25, 2024 | Current price |
---|---|
₹522.25 ( 0.278%) | ₹520.80 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for 5PAISA.BO
Fibonacci Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 530.20 | 1.80% |
R2 | 527.16 | 1.22% |
R1 | 525.29 | 0.86% |
Price | 520.80 | |
S1 | 519.21 | -0.305% |
S2 | 517.34 | -0.665% |
S3 | 514.30 | -1.25% |
Accumulated Volume Support & Resistance Levels
Level | Price | |
---|---|---|
R3 | 594.35 | 14.12% |
R2 | 568.30 | 9.12% |
R1 | 536.70 | 3.05% |
Price | 520.80 | |
S1 | 516.40 | -0.84% |
S2 | 508.90 | -2.28% |
S3 | 489.30 | -6.05% |
FAQ
Click here for our free guide on how to buy 5paisa Capital Limited Stock.