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

Sintercom India Limited

Symbol: NSE:SINTERCOM

ISIN: INE129Z01016

128.77

As on 2024-07-24

120.60 (52W Low) 143.29 (52W High)

SINTERCOM's Today's Performance

Sintercom India Limited started the day by opening at 128.90 today 2024-07-24. Its shares reached a high of 133.79 and dipped to a low of 128.11 in intraday. When the markets closed, SINTERCOM’s stock price settled at ₹128.77 per share. Also check out its key support and resistance levels.

SINTERCOM Buy/Sell Targets

Tomorrow, buy SINTERCOM when its price reaches ₹ 128.77 with a stop-loss order at ₹ 123.65. You can set the target price as ₹ 133.89 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 SINTERCOM 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 SINTERCOM

Downside Targets Value in ₹
Tomorrow Down Target 1 132
Tomorrow Down Target 2 136
Tomorrow Down Target 3 138

Important Levels for SINTERCOM

Holding Levels Value in ₹
Tomorrow Up Target 1 127
Tomorrow Up Target 2 125
Tomorrow Up Target 3 121
Based on where the stock opens tomorrow, if SINTERCOM opens on a positive note, our first target will be ₹132. If Target 1 is achieved, we will aim for Target 2 which is ₹136.

But if SINTERCOM falls below the average value of ₹130.22, you can enter a sell side position with target number 1 - ₹127 and second target - ₹125 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 SINTERCOM

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

Based on this, the predicted sentiment for SINTERCOM is moderate bearish.

Tomorrow's Volume based share price Forecast for SINTERCOM

SINTERCOM'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 -44%.

Reversal detection for SINTERCOM

Predicted trend chart of SINTERCOM tomorrow for price forecast
SINTERCOM may trend may continue to be bullish since stock is making higher highs and we can get target of ₹133 in morning tomorrow
Target 1 tomorrow132
Target 2 tomorrow134
Target 3 tomorrow136
 

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 SINTERCOM'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 SINTERCOM opens on a positive note, our first target will be ₹132.34. If Target 1 is achieved, we will aim for Target 2 which is ₹135.90.

But if SINTERCOM falls below the average value of ₹130.22, you can enter a sell side position with target number 1 - ₹126.66 and second target - ₹124.54

SINTERCOM's Weekly Targets
1st Up Target 139.24
2nd Up Target 149.71
1st Down Target 122.35
2nd Down Target 115.93

As the week for SINTERCOM ended on bearish sentiments, we can expect further continuation of this sentiment. SINTERCOM's initial target will be 139.24 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 122.35 in the upcoming week.

Weekly OHLC Values
Open 132.00
High 143.29
Low 126.40
Close 128.77

Week for SINTERCOM started with an open price of 132.00, and the close was at 128.77. SINTERCOM reached the highest of 143.29 and dipped lowest up to 126.40 last week. This indicates a bearish sentiment for the week.

SINTERCOM full month swing targets
Monthly Up Target 1 156.13
Monthly Up Target 2 166.60
Monthly Down Target 1 105.46
Monthly Down Target 2 82.15

Targets of ₹156.13 can be expected to be reached in the coming month. Once SINTERCOM achieved this target, we can aim for the next upside target of ₹166.60.

SINTERCOM if fails to hold upside, down targets of ₹105.46 and ₹82.15 can be achieved by end of this month.

For complete three weeks if SINTERCOM 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

SINTERCOM is expected to reach the target of 132.34 in tomorrow's trading session.

After achieving the initial target in SINTERCOM, we will aim for higher targets of 135.90 tomorrow.

However, if SINTERCOM starts to trade below ₹130.22, then we will shift our focus to the sell side and aim for down targets of 126.66 and 124.54.