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

Avanti Feeds Limited

Symbol: NSE:AVANTIFEED

ISIN: INE871C01038

527.90

As on 2024-04-24

356.10 (52W Low) 598.50 (52W High)

AVANTIFEED's Today's Performance

Avanti Feeds Limited started the day by opening at 525.00 today 2024-04-24. Its shares reached a high of 533.20 and dipped to a low of 525.00 in intraday. When the markets closed, AVANTIFEED’s stock price settled at ₹527.90 per share. Also check out its key support and resistance levels.

AVANTIFEED Buy/Sell Targets

Tomorrow, buy AVANTIFEED when its price reaches ₹ 527.90 with a stop-loss order at ₹ 519.48. You can set the target price as ₹ 536.33 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 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 1 532
Tomorrow Down Target 2 537
Tomorrow Down Target 3 541

Important Levels for AVANTIFEED

Holding Levels Value in ₹
Tomorrow Up Target 1 524
Tomorrow Up Target 2 521
Tomorrow Up Target 3 516
Based on where the stock opens tomorrow, if AVANTIFEED opens on a positive note, our first target will be ₹532. If Target 1 is achieved, we will aim for Target 2 which is ₹537.

But if AVANTIFEED falls below the average value of ₹528.70, you can enter a sell side position with target number 1 - ₹524 and second target - ₹521 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 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, 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 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 -64%.

Reversal detection for AVANTIFEED

Predicted trend chart of AVANTIFEED tomorrow for price forecast
AVANTIFEED may trend may continue to be bullish since stock is making higher highs and we can get target of ₹524 in morning tomorrow
Target 1 tomorrow532
Target 2 tomorrow534
Target 3 tomorrow537
 

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 ₹532.40. If Target 1 is achieved, we will aim for Target 2 which is ₹536.90.

But if AVANTIFEED falls below the average value of ₹528.70, you can enter a sell side position with target number 1 - ₹524.20 and second target - ₹520.50

AVANTIFEED's Weekly Targets
1st Up Target 542.42
2nd Up Target 556.93
1st Down Target 509.17
2nd Down Target 490.43

As the week for AVANTIFEED ended on bullish sentiments, we can expect further continuation of this sentiment. AVANTIFEED's initial target will be 542.42 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 509.17 in the upcoming week.

Weekly OHLC Values
Open 504.95
High 538.20
Low 504.95
Close 527.90

Week for AVANTIFEED started with an open price of 504.95, and the close was at 527.90. AVANTIFEED reached the highest of 538.20 and dipped lowest up to 504.95 last week. This indicates a bullish sentiment for the week.

AVANTIFEED full month swing targets
Monthly Up Target 1 575.67
Monthly Up Target 2 590.18
Monthly Down Target 1 475.92
Monthly Down Target 2 423.93

Targets of ₹575.67 can be expected to be reached in the coming month. Once AVANTIFEED achieved this target, we can aim for the next upside target of ₹590.18.

AVANTIFEED if fails to hold upside, down targets of ₹475.92 and ₹423.93 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.

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Summary

AVANTIFEED is expected to reach the target of 532.40 in tomorrow's trading session.

After achieving the initial target in AVANTIFEED, we will aim for higher targets of 536.90 tomorrow.

However, if AVANTIFEED starts to trade below ₹528.70, then we will shift our focus to the sell side and aim for down targets of 524.20 and 520.50.