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

Landmark Cars Limited

Symbol: NSE:LANDMARK

ISIN: INE559R01029

689.05

As on 2024-06-13

639.00 (52W Low) 905.00 (52W High)

LANDMARK's Today's Performance

Landmark Cars Limited started the day by opening at 690.15 today 2024-06-13. Its shares reached a high of 695.90 and dipped to a low of 683.00 in intraday. When the markets closed, LANDMARK’s stock price settled at ₹689.05 per share. Also check out its key support and resistance levels.

LANDMARK Buy/Sell Targets

Tomorrow, buy LANDMARK when its price reaches ₹ 689.05 with a stop-loss order at ₹ 680.28. You can set the target price as ₹ 697.83 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 LANDMARK 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 LANDMARK

Downside Targets Value in ₹
Tomorrow Down Target 1 696
Tomorrow Down Target 2 702
Tomorrow Down Target 3 709

Important Levels for LANDMARK

Holding Levels Value in ₹
Tomorrow Up Target 1 683
Tomorrow Up Target 2 676
Tomorrow Up Target 3 670
Based on where the stock opens tomorrow, if LANDMARK opens on a positive note, our first target will be ₹696. If Target 1 is achieved, we will aim for Target 2 which is ₹702.

But if LANDMARK falls below the average value of ₹689.32, you can enter a sell side position with target number 1 - ₹683 and second target - ₹676 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 LANDMARK

Looking at LANDMARK, we've seen a Increasing 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, LANDMARK has been on a Upward path, giving us insights how its value changes in the market.

Based on this, the predicted sentiment for LANDMARK is strong bullish.

Tomorrow's Volume based share price Forecast for LANDMARK

LANDMARK's Volume is currently in a Increasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a strong bullish trend. Volume trend strength over the last month compared to the last week is 158%.

Reversal detection for LANDMARK

Predicted trend chart of LANDMARK tomorrow for price forecast
LANDMARK may trend may continue to be bullish since stock is making higher highs and we can get target of ₹683 in morning tomorrow
Target 1 tomorrow694
Target 2 tomorrow697
Target 3 tomorrow702
 

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 LANDMARK'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 LANDMARK opens on a positive note, our first target will be ₹695.63. If Target 1 is achieved, we will aim for Target 2 which is ₹702.22.

But if LANDMARK falls below the average value of ₹689.32, you can enter a sell side position with target number 1 - ₹682.73 and second target - ₹676.42

LANDMARK's Weekly Targets
1st Up Target 717.47
2nd Up Target 745.88
1st Down Target 667.82
2nd Down Target 646.58

As the week for LANDMARK ended on bearish sentiments, we can expect further continuation of this sentiment. LANDMARK's initial target will be 717.47 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 667.82 in the upcoming week.

Weekly OHLC Values
Open 724.65
High 724.65
Low 675.00
Close 689.05

Week for LANDMARK started with an open price of 724.65, and the close was at 689.05. LANDMARK reached the highest of 724.65 and dipped lowest up to 675.00 last week. This indicates a bearish sentiment for the week.

LANDMARK full month swing targets
Monthly Up Target 1 767.12
Monthly Up Target 2 795.53
Monthly Down Target 1 618.17
Monthly Down Target 2 547.28

Targets of ₹767.12 can be expected to be reached in the coming month. Once LANDMARK achieved this target, we can aim for the next upside target of ₹795.53.

LANDMARK if fails to hold upside, down targets of ₹618.17 and ₹547.28 can be achieved by end of this month.

For complete three weeks if LANDMARK 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 LANDMARK

Symbol Name Industry
MARUTI Maruti Suzuki India Limited Auto Manufacturers
TATAMTRDVR Tata Motors Limited Auto Manufacturers
TATAMOTORS Tata Motors Limited Auto Manufacturers
TITAN Titan Company Limited Luxury Goods
BAJAJ-AUTO Bajaj Auto Limited Auto Manufacturers

Summary

LANDMARK is expected to reach the target of 695.63 in tomorrow's trading session.

After achieving the initial target in LANDMARK, we will aim for higher targets of 702.22 tomorrow.

However, if LANDMARK starts to trade below ₹689.32, then we will shift our focus to the sell side and aim for down targets of 682.73 and 676.42.