Price and trend forecast of ZFCVINDIA for Tomorrow, Weekly, Monthly
ZF Commercial Vehicle Control Systems India Limited
Symbol: NSE:ZFCVINDIA
ISIN: INE342J01019
15,630.70
As on 2024-07-26
ZFCVINDIA's Today's Performance
ZF Commercial Vehicle Control Systems India Limited started the day by opening at 15,303.00 today 2024-07-26. Its shares reached a high of 15,725.00 and dipped to a low of 15,237.65 in intraday. When the markets closed, ZFCVINDIA’s stock price settled at ₹15,630.70 per share. Also check out its key support and resistance levels.
ZFCVINDIA Buy/Sell Targets
Tomorrow, buy ZFCVINDIA when its price reaches ₹ 15,630.70 with a stop-loss order at ₹ 15,420.98. You can set the target price as ₹ 15,840.42 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 ZFCVINDIA 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 ZFCVINDIA
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 15,825 |
| Tomorrow Down Target 2 | 16,018 |
| Tomorrow Down Target 3 | 16,312 |
Important Levels for ZFCVINDIA
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 15,337 |
| Tomorrow Up Target 2 | 15,044 |
| Tomorrow Up Target 3 | 14,850 |
Based on where the stock opens tomorrow, if ZFCVINDIA opens on a positive note, our first target will be ₹15,825. If Target 1 is achieved, we will aim for Target 2 which is ₹16,018.
But if ZFCVINDIA falls below the average value of ₹15,531.12, you can enter a sell side position with target number 1 - ₹15,337 and second target - ₹15,044 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 ZFCVINDIA
Looking at ZFCVINDIA, 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, ZFCVINDIA has been on a Downward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for ZFCVINDIA is strong bearish.
Tomorrow's Volume based share price Forecast for ZFCVINDIA
ZFCVINDIA's Volume is currently in a Increasing trend, and Price is in a Downward direction. Therefore, we can say the stock is in a strong bearish trend. Volume trend strength over the last month compared to the last week is 101%.
Reversal detection for ZFCVINDIA
ZFCVINDIA may reverse its trend from upside (Short term bearish outlook) and we can get target of ₹15256 in morning tomorrow
| Target 1 tomorrow | 15717 |
| Target 2 tomorrow | 15832 |
| Target 3 tomorrow | 16018 |
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 ZFCVINDIA'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 ZFCVINDIA opens on a positive note, our first target will be ₹15,824.58. If Target 1 is achieved, we will aim for Target 2 which is ₹16,018.47.
But if ZFCVINDIA falls below the average value of ₹15,531.12, you can enter a sell side position with target number 1 - ₹15,337.23 and second target - ₹15,043.77
ZFCVINDIA's Weekly Targets
| 1st Up Target | 15,978.02 |
| 2nd Up Target | 16,325.33 |
| 1st Down Target | 15,059.22 |
| 2nd Down Target | 14,487.73 |
As the week for ZFCVINDIA ended on bullish sentiments, we can expect further continuation of this sentiment. ZFCVINDIA's initial target will be 15,978.02 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 15,059.22 in the upcoming week.
Weekly OHLC Values
| Open | 14,870.00 |
| High | 15,753.85 |
| Low | 14,835.05 |
| Close | 15,630.70 |
Week for ZFCVINDIA started with an open price of 14,870.00, and the close was at 15,630.70. ZFCVINDIA reached the highest of 15,753.85 and dipped lowest up to 14,835.05 last week. This indicates a bullish sentiment for the week.
ZFCVINDIA full month swing targets
| Monthly Up Target 1 | 16,896.82 |
| Monthly Up Target 2 | 17,244.13 |
| Monthly Down Target 1 | 14,140.42 |
| Monthly Down Target 2 | 12,650.13 |
Targets of ₹16,896.82 can be expected to be reached in the coming month. Once ZFCVINDIA achieved this target, we can aim for the next upside target of ₹17,244.13.
ZFCVINDIA if fails to hold upside, down targets of ₹14,140.42 and ₹12,650.13 can be achieved by end of this month.
For complete three weeks if ZFCVINDIA 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 ZFCVINDIA
| Symbol | Name | Industry |
|---|---|---|
| MARUTI | Maruti Suzuki India Limited | Auto Manufacturers |
| TATAMTRDVR | Tata Motors Limited | Auto Manufacturers |
| TATAMOTORS | Tata Motors Limited | Auto Manufacturers |
| TITAN | Titan Company Limited | Luxury Goods |
| BAJAJ-AUTO | Bajaj Auto Limited | Auto Manufacturers |
Summary
ZFCVINDIA is expected to reach the target of 15,824.58 in tomorrow's trading session.
After achieving the initial target in ZFCVINDIA, we will aim for higher targets of 16,018.47 tomorrow.
However, if ZFCVINDIA starts to trade below ₹15,531.12, then we will shift our focus to the sell side and aim for down targets of 15,337.23 and 15,043.77.