Price and trend forecast of CONSOFINVT for Tomorrow, Weekly, Monthly
Consolidated Finvest & Holdings Limited
Symbol: NSE:CONSOFINVT
ISIN: INE025A01027
215.67
As on 2024-09-11
CONSOFINVT's Today's Performance
Consolidated Finvest & Holdings Limited started the day by opening at 219.54 today 2024-09-11. Its shares reached a high of 222.38 and dipped to a low of 214.00 in intraday. When the markets closed, CONSOFINVT’s stock price settled at ₹215.67 per share. Also check out its key support and resistance levels.
CONSOFINVT Buy/Sell Targets
Tomorrow, sell CONSOFINVT when its price reaches ₹ 215.67 with a stop-loss order at ₹ 221.16. You can set the target price as ₹ 210.18 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 CONSOFINVT 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 CONSOFINVT
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 221 |
| Tomorrow Down Target 2 | 226 |
| Tomorrow Down Target 3 | 229 |
Important Levels for CONSOFINVT
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 212 |
| Tomorrow Up Target 2 | 209 |
| Tomorrow Up Target 3 | 204 |
Based on where the stock opens tomorrow, if CONSOFINVT opens on a positive note, our first target will be ₹221. If Target 1 is achieved, we will aim for Target 2 which is ₹226.
But if CONSOFINVT falls below the average value of ₹217.35, you can enter a sell side position with target number 1 - ₹212 and second target - ₹209 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 CONSOFINVT
Looking at CONSOFINVT, 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, CONSOFINVT has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for CONSOFINVT is moderate bearish.
Tomorrow's Volume based share price Forecast for CONSOFINVT
CONSOFINVT'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 160%.
Reversal detection for CONSOFINVT
CONSOFINVT may reverse its trend from downside (Short term bullish outlook) and we can get target of ₹219 in morning tomorrow
| Target 1 tomorrow | 221 |
| Target 2 tomorrow | 223 |
| Target 3 tomorrow | 226 |
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 CONSOFINVT'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 CONSOFINVT opens on a positive note, our first target will be ₹220.70. If Target 1 is achieved, we will aim for Target 2 which is ₹225.73.
But if CONSOFINVT falls below the average value of ₹217.35, you can enter a sell side position with target number 1 - ₹212.32 and second target - ₹208.97
CONSOFINVT's Weekly Targets
| 1st Up Target | 227.11 |
| 2nd Up Target | 238.56 |
| 1st Down Target | 207.11 |
| 2nd Down Target | 198.56 |
As the week for CONSOFINVT ended on bearish sentiments, we can expect further continuation of this sentiment. CONSOFINVT's initial target will be 227.11 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 207.11 in the upcoming week.
Weekly OHLC Values
| Open | 228.65 |
| High | 230.00 |
| Low | 210.00 |
| Close | 215.67 |
Week for CONSOFINVT started with an open price of 228.65, and the close was at 215.67. CONSOFINVT reached the highest of 230.00 and dipped lowest up to 210.00 last week. This indicates a bearish sentiment for the week.
CONSOFINVT full month swing targets
| Monthly Up Target 1 | 247.11 |
| Monthly Up Target 2 | 258.56 |
| Monthly Down Target 1 | 187.11 |
| Monthly Down Target 2 | 158.56 |
Targets of ₹247.11 can be expected to be reached in the coming month. Once CONSOFINVT achieved this target, we can aim for the next upside target of ₹258.56.
CONSOFINVT if fails to hold upside, down targets of ₹187.11 and ₹158.56 can be achieved by end of this month.
For complete three weeks if CONSOFINVT 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 CONSOFINVT
| Symbol | Name | Industry |
|---|---|---|
| HDFCBANK | HDFC Bank Limited | Banks - Regional |
| ICICIBANK | ICICI Bank Limited | Banks - Regional |
| SBIN | State Bank of India | Banks - Regional |
| LICI | Life Insurance Corporation Of India | Insurance - Life |
| BAJFINANCE | Bajaj Finance Limited | Credit Services |
Summary
CONSOFINVT is expected to reach the target of 220.70 in tomorrow's trading session.
After achieving the initial target in CONSOFINVT, we will aim for higher targets of 225.73 tomorrow.
However, if CONSOFINVT starts to trade below ₹217.35, then we will shift our focus to the sell side and aim for down targets of 212.32 and 208.97.