Price and trend forecast of NAVA for Tomorrow, Weekly, Monthly
Nava Bharat Ventures Limited
Symbol: NSE:NAVA
ISIN: INE725A01022
888.80
As on 2024-07-26
NAVA's Today's Performance
Nava Bharat Ventures Limited started the day by opening at 851.00 today 2024-07-26. Its shares reached a high of 898.00 and dipped to a low of 845.65 in intraday. When the markets closed, NAVA’s stock price settled at ₹888.80 per share. Also check out its key support and resistance levels.
NAVA Buy/Sell Targets
Tomorrow, buy NAVA when its price reaches ₹ 888.80 with a stop-loss order at ₹ 866.16. You can set the target price as ₹ 911.44 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 NAVA 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 NAVA
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 909 |
| Tomorrow Down Target 2 | 930 |
| Tomorrow Down Target 3 | 962 |
Important Levels for NAVA
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 857 |
| Tomorrow Up Target 2 | 825 |
| Tomorrow Up Target 3 | 805 |
Based on where the stock opens tomorrow, if NAVA opens on a positive note, our first target will be ₹909. If Target 1 is achieved, we will aim for Target 2 which is ₹930.
But if NAVA falls below the average value of ₹877.48, you can enter a sell side position with target number 1 - ₹857 and second target - ₹825 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 NAVA
Looking at NAVA, 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, NAVA has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for NAVA is moderate bullish.
Tomorrow's Volume based share price Forecast for NAVA
NAVA'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 68%.
Reversal detection for NAVA
NAVA may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹840 in morning tomorrow
| Target 1 tomorrow | 897 |
| Target 2 tomorrow | 910 |
| Target 3 tomorrow | 930 |
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 NAVA'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 NAVA opens on a positive note, our first target will be ₹909.32. If Target 1 is achieved, we will aim for Target 2 which is ₹929.83.
But if NAVA falls below the average value of ₹877.48, you can enter a sell side position with target number 1 - ₹856.97 and second target - ₹825.13
NAVA's Weekly Targets
| 1st Up Target | 939.17 |
| 2nd Up Target | 989.53 |
| 1st Down Target | 797.27 |
| 2nd Down Target | 705.73 |
As the week for NAVA ended on bullish sentiments, we can expect further continuation of this sentiment. NAVA's initial target will be 939.17 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 797.27 in the upcoming week.
Weekly OHLC Values
| Open | 771.00 |
| High | 898.00 |
| Low | 756.10 |
| Close | 888.80 |
Week for NAVA started with an open price of 771.00, and the close was at 888.80. NAVA reached the highest of 898.00 and dipped lowest up to 756.10 last week. This indicates a bullish sentiment for the week.
NAVA full month swing targets
| Monthly Up Target 1 | 1,081.07 |
| Monthly Up Target 2 | 1,131.43 |
| Monthly Down Target 1 | 655.37 |
| Monthly Down Target 2 | 421.93 |
Targets of ₹1,081.07 can be expected to be reached in the coming month. Once NAVA achieved this target, we can aim for the next upside target of ₹1,131.43.
NAVA if fails to hold upside, down targets of ₹655.37 and ₹421.93 can be achieved by end of this month.
For complete three weeks if NAVA 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 NAVA
| Symbol | Name | Industry |
|---|---|---|
| LT | Larsen & Toubro Limited | Engineering & Construction |
| ADANIPORTS | Adani Ports and Special Economic Zone Limited | Marine Shipping |
| HAL | Hindustan Aeronautics Limited | Aerospace & Defense |
| SIEMENS | Siemens Limited | Specialty Industrial Machinery |
| BEL | Bharat Electronics Limited | Aerospace & Defense |
Summary
NAVA is expected to reach the target of 909.32 in tomorrow's trading session.
After achieving the initial target in NAVA, we will aim for higher targets of 929.83 tomorrow.
However, if NAVA starts to trade below ₹877.48, then we will shift our focus to the sell side and aim for down targets of 856.97 and 825.13.