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

BF Investment Limited

Symbol: NSE:BFINVEST

ISIN: INE878K01010

753.05

As on 2024-11-08

478.00 (52W Low) 812.80 (52W High)

BFINVEST's Today's Performance

BF Investment Limited started the day by opening at 689.40 today 2024-11-08. Its shares reached a high of 770.00 and dipped to a low of 669.40 in intraday. When the markets closed, BFINVEST’s stock price settled at ₹753.05 per share. Also check out its key support and resistance levels.

BFINVEST Buy/Sell Targets

Tomorrow, buy BFINVEST when its price reaches ₹ 753.05 with a stop-loss order at ₹ 730.97. You can set the target price as ₹ 775.13 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 BFINVEST 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 BFINVEST

Downside Targets Value in ₹
Tomorrow Down Target 1 792
Tomorrow Down Target 2 831
Tomorrow Down Target 3 893

Important Levels for BFINVEST

Holding Levels Value in ₹
Tomorrow Up Target 1 692
Tomorrow Up Target 2 630
Tomorrow Up Target 3 591
Based on where the stock opens tomorrow, if BFINVEST opens on a positive note, our first target will be ₹792. If Target 1 is achieved, we will aim for Target 2 which is ₹831.

But if BFINVEST falls below the average value of ₹730.82, you can enter a sell side position with target number 1 - ₹692 and second target - ₹630 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 BFINVEST

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

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

Tomorrow's Volume based share price Forecast for BFINVEST

BFINVEST'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 157%.

Reversal detection for BFINVEST

Predicted trend chart of BFINVEST tomorrow for price forecast
BFINVEST may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹686 in morning tomorrow
Target 1 tomorrow769
Target 2 tomorrow793
Target 3 tomorrow831
 

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 BFINVEST'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 BFINVEST opens on a positive note, our first target will be ₹792.23. If Target 1 is achieved, we will aim for Target 2 which is ₹831.42.

But if BFINVEST falls below the average value of ₹730.82, you can enter a sell side position with target number 1 - ₹691.63 and second target - ₹630.22

BFINVEST's Weekly Targets
1st Up Target 801.35
2nd Up Target 849.65
1st Down Target 673.40
2nd Down Target 593.75

As the week for BFINVEST ended on bullish sentiments, we can expect further continuation of this sentiment. BFINVEST's initial target will be 801.35 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 673.40 in the upcoming week.

Weekly OHLC Values
Open 664.00
High 770.00
Low 642.05
Close 753.05

Week for BFINVEST started with an open price of 664.00, and the close was at 753.05. BFINVEST reached the highest of 770.00 and dipped lowest up to 642.05 last week. This indicates a bullish sentiment for the week.

BFINVEST full month swing targets
Monthly Up Target 1 929.30
Monthly Up Target 2 977.60
Monthly Down Target 1 545.45
Monthly Down Target 2 337.85

Targets of ₹929.30 can be expected to be reached in the coming month. Once BFINVEST achieved this target, we can aim for the next upside target of ₹977.60.

BFINVEST if fails to hold upside, down targets of ₹545.45 and ₹337.85 can be achieved by end of this month.

For complete three weeks if BFINVEST 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

BFINVEST is expected to reach the target of 792.23 in tomorrow's trading session.

After achieving the initial target in BFINVEST, we will aim for higher targets of 831.42 tomorrow.

However, if BFINVEST starts to trade below ₹730.82, then we will shift our focus to the sell side and aim for down targets of 691.63 and 630.22.