Stock Information Portal

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

Avadh Sugar & Energy Limited

Symbol: NSE:AVADHSUGAR

ISIN: INE349W01017

658.25

As on 2024-07-12

479.55 (52W Low) 855.00 (52W High)

AVADHSUGAR's Today's Performance

Avadh Sugar & Energy Limited started the day by opening at 672.00 today 2024-07-12. Its shares reached a high of 676.00 and dipped to a low of 655.50 in intraday. When the markets closed, AVADHSUGAR’s stock price settled at ₹658.25 per share. Also check out its key support and resistance levels.

AVADHSUGAR Buy/Sell Targets

Tomorrow, sell AVADHSUGAR when its price reaches ₹ 658.25 with a stop-loss order at ₹ 670.87. You can set the target price as ₹ 645.63 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 AVADHSUGAR 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 AVADHSUGAR

Downside Targets Value in ₹
Tomorrow Down Target 1 671
Tomorrow Down Target 2 684
Tomorrow Down Target 3 692

Important Levels for AVADHSUGAR

Holding Levels Value in ₹
Tomorrow Up Target 1 651
Tomorrow Up Target 2 643
Tomorrow Up Target 3 630
Based on where the stock opens tomorrow, if AVADHSUGAR opens on a positive note, our first target will be ₹671. If Target 1 is achieved, we will aim for Target 2 which is ₹684.

But if AVADHSUGAR falls below the average value of ₹663.25, you can enter a sell side position with target number 1 - ₹651 and second target - ₹643 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 AVADHSUGAR

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

Based on this, the predicted sentiment for AVADHSUGAR is moderate bullish.

Tomorrow's Volume based share price Forecast for AVADHSUGAR

AVADHSUGAR's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 77%.

Reversal detection for AVADHSUGAR

Predicted trend chart of AVADHSUGAR tomorrow for price forecast
AVADHSUGAR may trend may continue to be bearish since stock is making lower low and we can get target of ₹659 in morning tomorrow
Target 1 tomorrow671
Target 2 tomorrow676
Target 3 tomorrow684
 

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 AVADHSUGAR'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 AVADHSUGAR opens on a positive note, our first target will be ₹671.00. If Target 1 is achieved, we will aim for Target 2 which is ₹683.75.

But if AVADHSUGAR falls below the average value of ₹663.25, you can enter a sell side position with target number 1 - ₹650.50 and second target - ₹642.75

AVADHSUGAR's Weekly Targets
1st Up Target 679.93
2nd Up Target 701.62
1st Down Target 632.63
2nd Down Target 607.02

As the week for AVADHSUGAR ended on bullish sentiments, we can expect further continuation of this sentiment. AVADHSUGAR's initial target will be 679.93 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 632.63 in the upcoming week.

Weekly OHLC Values
Open 647.45
High 676.00
Low 628.70
Close 658.25

Week for AVADHSUGAR started with an open price of 647.45, and the close was at 658.25. AVADHSUGAR reached the highest of 676.00 and dipped lowest up to 628.70 last week. This indicates a bullish sentiment for the week.

AVADHSUGAR full month swing targets
Monthly Up Target 1 727.23
Monthly Up Target 2 748.92
Monthly Down Target 1 585.33
Monthly Down Target 2 512.42

Targets of ₹727.23 can be expected to be reached in the coming month. Once AVADHSUGAR achieved this target, we can aim for the next upside target of ₹748.92.

AVADHSUGAR if fails to hold upside, down targets of ₹585.33 and ₹512.42 can be achieved by end of this month.

For complete three weeks if AVADHSUGAR 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 AVADHSUGAR

Symbol Name Industry
ITC ITC Limited Tobacco
HINDUNILVR Hindustan Unilever Limited Household & Personal Products
DMART Avenue Supermarts Limited Discount Stores
NESTLEIND Nestle India Limited Packaged Foods
VBL Varun Beverages Limited Beverages - Non-Alcoholic

Summary

AVADHSUGAR is expected to reach the target of 671.00 in tomorrow's trading session.

After achieving the initial target in AVADHSUGAR, we will aim for higher targets of 683.75 tomorrow.

However, if AVADHSUGAR starts to trade below ₹663.25, then we will shift our focus to the sell side and aim for down targets of 650.50 and 642.75.