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

Vijaya Diagnostic Centre Limited

Symbol: NSE:VIJAYA

ISIN: INE043W01024

672.05

As on 2024-04-24

349.25 (52W Low) 718.80 (52W High)

VIJAYA's Today's Performance

Vijaya Diagnostic Centre Limited started the day by opening at 661.00 today 2024-04-24. Its shares reached a high of 675.00 and dipped to a low of 660.30 in intraday. When the markets closed, VIJAYA’s stock price settled at ₹672.05 per share. Also check out its key support and resistance levels.

VIJAYA Buy/Sell Targets

Tomorrow, buy VIJAYA when its price reaches ₹ 672.05 with a stop-loss order at ₹ 661.92. You can set the target price as ₹ 682.18 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 VIJAYA 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 VIJAYA

Downside Targets Value in ₹
Tomorrow Down Target 1 678
Tomorrow Down Target 2 684
Tomorrow Down Target 3 693

Important Levels for VIJAYA

Holding Levels Value in ₹
Tomorrow Up Target 1 663
Tomorrow Up Target 2 654
Tomorrow Up Target 3 649
Based on where the stock opens tomorrow, if VIJAYA opens on a positive note, our first target will be ₹678. If Target 1 is achieved, we will aim for Target 2 which is ₹684.

But if VIJAYA falls below the average value of ₹669.12, you can enter a sell side position with target number 1 - ₹663 and second target - ₹654 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 VIJAYA

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

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

Tomorrow's Volume based share price Forecast for VIJAYA

VIJAYA'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 127%.

Reversal detection for VIJAYA

Predicted trend chart of VIJAYA tomorrow for price forecast
VIJAYA may trend may continue to be bullish since stock is making higher highs and we can get target of ₹663 in morning tomorrow
Target 1 tomorrow675
Target 2 tomorrow678
Target 3 tomorrow684
 

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 VIJAYA'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 VIJAYA opens on a positive note, our first target will be ₹677.93. If Target 1 is achieved, we will aim for Target 2 which is ₹683.82.

But if VIJAYA falls below the average value of ₹669.12, you can enter a sell side position with target number 1 - ₹663.23 and second target - ₹654.42

VIJAYA's Weekly Targets
1st Up Target 683.95
2nd Up Target 695.85
1st Down Target 656.30
2nd Down Target 640.55

As the week for VIJAYA ended on bearish sentiments, we can expect further continuation of this sentiment. VIJAYA's initial target will be 683.95 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 656.30 in the upcoming week.

Weekly OHLC Values
Open 672.95
High 680.10
Low 652.45
Close 672.05

Week for VIJAYA started with an open price of 672.95, and the close was at 672.05. VIJAYA reached the highest of 680.10 and dipped lowest up to 652.45 last week. This indicates a bearish sentiment for the week.

VIJAYA full month swing targets
Monthly Up Target 1 711.60
Monthly Up Target 2 723.50
Monthly Down Target 1 628.65
Monthly Down Target 2 585.25

Targets of ₹711.60 can be expected to be reached in the coming month. Once VIJAYA achieved this target, we can aim for the next upside target of ₹723.50.

VIJAYA if fails to hold upside, down targets of ₹628.65 and ₹585.25 can be achieved by end of this month.

For complete three weeks if VIJAYA 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 VIJAYA

Symbol Name Industry
SUNPHARMA Sun Pharmaceutical Industries Limited Drug Manufacturers - Specialty & Generic
CIPLA Cipla Limited Drug Manufacturers - General
DRREDDY Dr. Reddy's Laboratories Limited Drug Manufacturers - Specialty & Generic
ZYDUSLIFE Zydus Lifesciences Limited Drug Manufacturers - Specialty & Generic
APOLLOHOSP Apollo Hospitals Enterprise Limited Medical Care Facilities

Summary

VIJAYA is expected to reach the target of 677.93 in tomorrow's trading session.

After achieving the initial target in VIJAYA, we will aim for higher targets of 683.82 tomorrow.

However, if VIJAYA starts to trade below ₹669.12, then we will shift our focus to the sell side and aim for down targets of 663.23 and 654.42.