Stock Information Portal

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

Voltamp Transformers Limited


ISIN: INE540H01012


As on 2024-07-24

4,212.05 (52W Low) 13,468.90 (52W High)

VOLTAMP's Today's Performance

Voltamp Transformers Limited started the day by opening at 11,899.00 today 2024-07-24. Its shares reached a high of 12,095.90 and dipped to a low of 11,739.55 in intraday. When the markets closed, VOLTAMP’s stock price settled at ₹12,039.95 per share. Also check out its key support and resistance levels.

VOLTAMP Buy/Sell Targets

Tomorrow, buy VOLTAMP when its price reaches ₹ 12,039.95 with a stop-loss order at ₹ 11,693.33. You can set the target price as ₹ 12,386.58 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 VOLTAMP 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 VOLTAMP

Downside Targets Value in ₹
Tomorrow Down Target 1 12,177
Tomorrow Down Target 2 12,315
Tomorrow Down Target 3 12,534

Important Levels for VOLTAMP

Holding Levels Value in ₹
Tomorrow Up Target 1 11,821
Tomorrow Up Target 2 11,602
Tomorrow Up Target 3 11,465
Based on where the stock opens tomorrow, if VOLTAMP opens on a positive note, our first target will be ₹12,177. If Target 1 is achieved, we will aim for Target 2 which is ₹12,315.

But if VOLTAMP falls below the average value of ₹11,958.47, you can enter a sell side position with target number 1 - ₹11,821 and second target - ₹11,602 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 VOLTAMP

Looking at VOLTAMP, we've seen a Increasing 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, VOLTAMP has been on a Downward path, giving us insights how its value changes in the market.

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

Tomorrow's Volume based share price Forecast for VOLTAMP

VOLTAMP's Volume is currently in a Increasing 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 -65%.

Reversal detection for VOLTAMP

Predicted trend chart of VOLTAMP tomorrow for price forecast
VOLTAMP may trend may continue to be bullish since stock is making higher highs and we can get target of ₹11612 in morning tomorrow
Target 1 tomorrow12095
Target 2 tomorrow12179
Target 3 tomorrow12315

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 VOLTAMP'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 VOLTAMP opens on a positive note, our first target will be ₹12,177.38. If Target 1 is achieved, we will aim for Target 2 which is ₹12,314.82.

But if VOLTAMP falls below the average value of ₹11,958.47, you can enter a sell side position with target number 1 - ₹11,821.03 and second target - ₹11,602.12

VOLTAMP's Weekly Targets
1st Up Target 12,416.57
2nd Up Target 12,793.18
1st Down Target 11,342.67
2nd Down Target 10,645.38

As the week for VOLTAMP ended on bullish sentiments, we can expect further continuation of this sentiment. VOLTAMP's initial target will be 12,416.57 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 11,342.67 in the upcoming week.

Weekly OHLC Values
Open 11,199.00
High 12,095.90
Low 11,022.00
Close 12,039.95

Week for VOLTAMP started with an open price of 11,199.00, and the close was at 12,039.95. VOLTAMP reached the highest of 12,095.90 and dipped lowest up to 11,022.00 last week. This indicates a bullish sentiment for the week.

VOLTAMP full month swing targets
Monthly Up Target 1 13,490.47
Monthly Up Target 2 13,867.08
Monthly Down Target 1 10,268.77
Monthly Down Target 2 8,497.58

Targets of ₹13,490.47 can be expected to be reached in the coming month. Once VOLTAMP achieved this target, we can aim for the next upside target of ₹13,867.08.

VOLTAMP if fails to hold upside, down targets of ₹10,268.77 and ₹8,497.58 can be achieved by end of this month.

For complete three weeks if VOLTAMP 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 VOLTAMP

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


VOLTAMP is expected to reach the target of 12,177.38 in tomorrow's trading session.

After achieving the initial target in VOLTAMP, we will aim for higher targets of 12,314.82 tomorrow.

However, if VOLTAMP starts to trade below ₹11,958.47, then we will shift our focus to the sell side and aim for down targets of 11,821.03 and 11,602.12.