Price and trend forecast of AVANTIFEED for Tomorrow, Weekly, Monthly
Avanti Feeds Limited
Symbol: NSE:AVANTIFEED
ISIN: INE871C01038
694.45
As on 2024-07-26
AVANTIFEED's Today's Performance
Avanti Feeds Limited started the day by opening at 708.40 today 2024-07-26. Its shares reached a high of 724.25 and dipped to a low of 686.50 in intraday. When the markets closed, AVANTIFEED’s stock price settled at ₹694.45 per share. Also check out its key support and resistance levels.
AVANTIFEED Buy/Sell Targets
Tomorrow, sell AVANTIFEED when its price reaches ₹ 694.45 with a stop-loss order at ₹ 728.83. You can set the target price as ₹ 660.07 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 AVANTIFEED 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 AVANTIFEED
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 717 |
| Tomorrow Down Target 2 | 739 |
| Tomorrow Down Target 3 | 755 |
Important Levels for AVANTIFEED
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 679 |
| Tomorrow Up Target 2 | 664 |
| Tomorrow Up Target 3 | 641 |
Based on where the stock opens tomorrow, if AVANTIFEED opens on a positive note, our first target will be ₹717. If Target 1 is achieved, we will aim for Target 2 which is ₹739.
But if AVANTIFEED falls below the average value of ₹701.73, you can enter a sell side position with target number 1 - ₹679 and second target - ₹664 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 AVANTIFEED
Looking at AVANTIFEED, 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, AVANTIFEED has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for AVANTIFEED is moderate bullish.
Tomorrow's Volume based share price Forecast for AVANTIFEED
AVANTIFEED's Volume is currently in a Increasing 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 -64%.
Reversal detection for AVANTIFEED
AVANTIFEED may trend may continue to be bearish since stock is making lower low and we can get target of ₹718 in morning tomorrow
| Target 1 tomorrow | 716 |
| Target 2 tomorrow | 725 |
| Target 3 tomorrow | 739 |
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 AVANTIFEED'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 AVANTIFEED opens on a positive note, our first target will be ₹716.97. If Target 1 is achieved, we will aim for Target 2 which is ₹739.48.
But if AVANTIFEED falls below the average value of ₹701.73, you can enter a sell side position with target number 1 - ₹679.22 and second target - ₹663.98
AVANTIFEED's Weekly Targets
| 1st Up Target | 771.10 |
| 2nd Up Target | 847.75 |
| 1st Down Target | 611.10 |
| 2nd Down Target | 527.75 |
As the week for AVANTIFEED ended on bullish sentiments, we can expect further continuation of this sentiment. AVANTIFEED's initial target will be 771.10 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 611.10 in the upcoming week.
Weekly OHLC Values
| Open | 609.85 |
| High | 764.40 |
| Low | 604.40 |
| Close | 694.45 |
Week for AVANTIFEED started with an open price of 609.85, and the close was at 694.45. AVANTIFEED reached the highest of 764.40 and dipped lowest up to 604.40 last week. This indicates a bullish sentiment for the week.
AVANTIFEED full month swing targets
| Monthly Up Target 1 | 931.10 |
| Monthly Up Target 2 | 1,007.75 |
| Monthly Down Target 1 | 451.10 |
| Monthly Down Target 2 | 207.75 |
Targets of ₹931.10 can be expected to be reached in the coming month. Once AVANTIFEED achieved this target, we can aim for the next upside target of ₹1,007.75.
AVANTIFEED if fails to hold upside, down targets of ₹451.10 and ₹207.75 can be achieved by end of this month.
For complete three weeks if AVANTIFEED 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 AVANTIFEED
| 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
AVANTIFEED is expected to reach the target of 716.97 in tomorrow's trading session.
After achieving the initial target in AVANTIFEED, we will aim for higher targets of 739.48 tomorrow.
However, if AVANTIFEED starts to trade below ₹701.73, then we will shift our focus to the sell side and aim for down targets of 679.22 and 663.98.