A2ZINFRA Important Support and Resistance Intraday Tomorrow, Weekly, Monthly Prediction
In trading, it's important that you do your homework by marking possible demand and supply levels on charts every day before the market opens. So if you will trade a2zinfra tomorrow, these are its important support and resistance levels which will act as profit booking levels.
Note that these daily levels are valid for Mon 23 September 2024. Make sure you mark these levels on the stock chart of A2Z Infra Engineering Limited. Also check its technical forecast for tomorrow.
Intraday Support Levels for A2ZINFRA
Level | Value |
---|---|
Support 1 (S1) | 17.06 |
Support 2 (S2) | 17.04 |
Support 3 (S3) | 17.03 |
Tomorrow, ₹17.06 will act as the first strong support level for A2ZINFRA. However, if it fails to sustain above Support 1, it may result in further downfall in stock reaching down to ₹17.03. These S&R levels can also be used as entry, targets and stop loss. Intraday traders can sell A2ZINFRA when it closes below ₹17.06 and aim for ₹17.04 as the initial and ₹17.03 as the secondary profit booking level.
Resistance Levels for Tomorrow
Level | Value |
---|---|
Resistance 1 (R1) | ₹17.09 |
Resistance 2 (R2) | ₹17.10 |
Resistance 3 (R3) | ₹17.12 |
If A2ZINFRA moves upwards, it may face resistance at ₹17.09, and if the stock breaks out, the next resistance level will be ₹17.10.
A2ZINFRA (A2Z Infra Engineering Limited) Weekly Support and Resistance Levels
Type | Level | Value |
---|---|---|
Support | S1 | ₹15.93 |
Support | S2 | ₹15.67 |
Support | S3 | ₹15.13 |
Resistance | R1 | ₹16.73 |
Resistance | R2 | ₹17.27 |
Resistance | R3 | ₹17.53 |
Considering downside probability, if A2ZINFRA experiences selling pressure and starts trending lower, the first key level will be at ₹15.93. If the price breaks below that, it will show strong bearishness in the stock, and A2ZINFRA will find its next support at ₹15.67 followed by ₹15.13 as 3rd support for the week. It is most unlikely that the stock will fall further down Support 3, as the selling pressure gradually reduces over time and new buyers enter the market to push the price further up.
Now, let's talk about the upside/bullish expectations. If A2ZINFRA starts rallying this week, it might face some resistance at the first support of ₹16.73. If the price manages to break through Support1 level convincingly, the stock will continue its upward movement towards ₹17.27 and even ₹17.53 as the last support for this week.
A2ZINFRA Monthly Resistance and Supports
Level | Value |
---|---|
Monthly Support 1 (S1) | ₹15.44 |
Monthly Support 2 (S2) | ₹13.11 |
Monthly Support 3 (S3) | ₹10.49 |
Monthly Resistance 1 (R1) | ₹20.39 |
Monthly Resistance 2 (R2) | ₹23.01 |
Monthly Resistance 3 (R3) | ₹25.34 |
Considering the downside view on monthly charts, if A2ZINFRA starts showing signs of weakness and declines, the first major support level will be ₹15.44. If the price breaks below that, the second support for the month will be ₹13.11 and ₹10.49 as the third support.
However, if the bulls take control and A2ZINFRA starts rallying, the first key resistance level to watch will be ₹20.39. If the price can push through that convincingly, it sets up a potential challenge of the higher resistance levels at ₹23.01 and ₹25.34.
Stocks in the Same Sector as A2ZINFRA
Stock Name | Industry |
---|---|
Larsen & Toubro Limited | Engineering & Construction |
Adani Ports and Special Economic Zone Limited | Marine Shipping |
Hindustan Aeronautics Limited | Aerospace & Defense |
Siemens Limited | Specialty Industrial Machinery |
Bharat Electronics Limited | Aerospace & Defense |
InterGlobe Aviation Limited | Airlines |
ABB India Limited | Specialty Industrial Machinery |
Havells India Limited | Electrical Equipment & Parts |
Bharat Heavy Electricals Limited | Specialty Industrial Machinery |
CG Power and Industrial Solutions Limited | Electrical Equipment & Parts |
Summary of Key Levels for A2ZINFRA
-
Daily Levels:
- Support at: ₹17.06
- Resistance at: ₹17.09
- Support at: ₹15.93
- Resistance at: ₹16.73
- Support at: ₹15.44
- Resistance at: ₹20.39