Price and trend forecast of DIVGIITTS for Tomorrow, Weekly, Monthly
Divgi Torqtransfer Systems Limited
Symbol: NSE:DIVGIITTS
ISIN: INE753U01022
673.60
As on 2024-07-26
DIVGIITTS's Today's Performance
Divgi Torqtransfer Systems Limited started the day by opening at 677.60 today 2024-07-26. Its shares reached a high of 685.95 and dipped to a low of 670.20 in intraday. When the markets closed, DIVGIITTS’s stock price settled at ₹673.60 per share. Also check out its key support and resistance levels.
DIVGIITTS Buy/Sell Targets
Tomorrow, sell DIVGIITTS when its price reaches ₹ 673.60 with a stop-loss order at ₹ 683.04. You can set the target price as ₹ 664.16 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 DIVGIITTS 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 DIVGIITTS
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 683 |
| Tomorrow Down Target 2 | 692 |
| Tomorrow Down Target 3 | 699 |
Important Levels for DIVGIITTS
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 667 |
| Tomorrow Up Target 2 | 661 |
| Tomorrow Up Target 3 | 651 |
Based on where the stock opens tomorrow, if DIVGIITTS opens on a positive note, our first target will be ₹683. If Target 1 is achieved, we will aim for Target 2 which is ₹692.
But if DIVGIITTS falls below the average value of ₹676.58, you can enter a sell side position with target number 1 - ₹667 and second target - ₹661 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 DIVGIITTS
Looking at DIVGIITTS, 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, DIVGIITTS has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for DIVGIITTS is moderate bearish.
Tomorrow's Volume based share price Forecast for DIVGIITTS
DIVGIITTS's Volume is currently in a Decreasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a moderate bearish trend. Volume trend strength over the last month compared to the last week is 966%.
Reversal detection for DIVGIITTS
DIVGIITTS may trend may continue to be bearish since stock is making lower low and we can get target of ₹677 in morning tomorrow
| Target 1 tomorrow | 683 |
| Target 2 tomorrow | 686 |
| Target 3 tomorrow | 692 |
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 DIVGIITTS'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 DIVGIITTS opens on a positive note, our first target will be ₹682.97. If Target 1 is achieved, we will aim for Target 2 which is ₹692.33.
But if DIVGIITTS falls below the average value of ₹676.58, you can enter a sell side position with target number 1 - ₹667.22 and second target - ₹660.83
DIVGIITTS's Weekly Targets
| 1st Up Target | 697.23 |
| 2nd Up Target | 720.87 |
| 1st Down Target | 656.68 |
| 2nd Down Target | 639.77 |
As the week for DIVGIITTS ended on bearish sentiments, we can expect further continuation of this sentiment. DIVGIITTS's initial target will be 697.23 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 656.68 in the upcoming week.
Weekly OHLC Values
| Open | 683.40 |
| High | 703.95 |
| Low | 663.40 |
| Close | 673.60 |
Week for DIVGIITTS started with an open price of 683.40, and the close was at 673.60. DIVGIITTS reached the highest of 703.95 and dipped lowest up to 663.40 last week. This indicates a bearish sentiment for the week.
DIVGIITTS full month swing targets
| Monthly Up Target 1 | 737.78 |
| Monthly Up Target 2 | 761.42 |
| Monthly Down Target 1 | 616.13 |
| Monthly Down Target 2 | 558.67 |
Targets of ₹737.78 can be expected to be reached in the coming month. Once DIVGIITTS achieved this target, we can aim for the next upside target of ₹761.42.
DIVGIITTS if fails to hold upside, down targets of ₹616.13 and ₹558.67 can be achieved by end of this month.
For complete three weeks if DIVGIITTS 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 DIVGIITTS
| 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
DIVGIITTS is expected to reach the target of 682.97 in tomorrow's trading session.
After achieving the initial target in DIVGIITTS, we will aim for higher targets of 692.33 tomorrow.
However, if DIVGIITTS starts to trade below ₹676.58, then we will shift our focus to the sell side and aim for down targets of 667.22 and 660.83.