RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of THEINVEST.NS
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Red day on Thursday for The Investment Trust of India Limited
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 26, 2024 Loss -4.57% PDF

The The Investment Trust of India Limited stock price fell by -1.44% on the last day (Thursday, 28th Mar 2024) from ₹135.50 to ₹133.55. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 8.98% from a day low at ₹130.25 to a day high of ₹141.95. The price has risen in 6 of the last 10 days and is up by 9.47% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -5 thousand shares and in total, 6 thousand shares were bought and sold for approximately ₹805.17 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.71% during the next 3 months and, with a 90% probability hold a price between ₹115.05 and ₹151.64 at the end of this 3-month period.

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THEINVEST.NS Signals & Forecast

There are mixed signals in the stock today. The The Investment Trust of India Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹134.64 and ₹137.53. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 9.47%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for The Investment Trust of India Limited stock

The Investment Trust of India Limited finds support from accumulated volume at ₹129.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved ₹11.70 between high and low, or 8.98%. For the last week the stock has had daily average volatility of 6.28%.

Our recommended stop-loss: ₹127.96 (-4.19%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (THEINVEST.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect The Investment Trust of India Limited to open at ₹135.25, and during the day (based on 14 day Average True Range), to move between ₹125.96 and ₹141.14, which gives a possible trading interval of +/-₹7.59 (+/-5.68%) up or down from last closing price. If The Investment Trust of India Limited takes out the full calculated possible swing range there will be an estimated 11.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹129.95 (2.70%) than the resistance at ₹138.30 (3.56%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is The Investment Trust of India Limited stock A Buy?

The Investment Trust of India Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.559 Hold/Accumulate Unchanged

Predicted Opening Price for The Investment Trust of India Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹135.25 ( 1.27%) ₹133.55

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for THEINVEST.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 146.95 10.03 %
R2 142.48 6.69 %
R1 139.72 4.62 %
Current price: 133.55
Support S1 130.78 -2.07 %
S2 128.02 -4.14 %
S3 123.55 -7.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 161.55 20.97 %
R2 161.00 20.55 %
R1 138.30 3.56 %
Current price 133.55
Support S1 129.95 -2.70%
S2 127.70 -4.38%
S3 126.45 -5.32%

FAQ

What is the symbol for The Investment Trust of India Limited Stock and on which exchange is it traded?
The symbol for The Investment Trust of India Limited is THEINVEST.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell The Investment Trust of India Limited Stock?
The Investment Trust of India Limited holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy The Investment Trust of India Limited Stock?
The Investment Trust of India Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy The Investment Trust of India Limited Stock.

What's the current price of The Investment Trust of India Limited Stock?
As of the end of day on the 2024-03-28, the price of an The Investment Trust of India Limited (THEINVEST.NS) share was ₹133.55.

What is the 52-week high and low for The Investment Trust of India Limited Stock?
The 52-week high for The Investment Trust of India Limited Stock is ₹171.85 and the 52-week low is ₹63.35.

What is the market capitalization of The Investment Trust of India Limited Stock?
As of the 2024-03-28, the market capitalization of The Investment Trust of India Limited is 6.977B.

When is the next earnings date for The Investment Trust of India Limited?
The upcoming earnings date for The Investment Trust of India Limited is May 07, 2024.
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About The Investment Trust of India Limited

The Investment Trust of India Limited, together with its subsidiaries, provides financial services and broking solutions in India. The company operates through Broking and Related Services; Investment and Advisory Services; Trading Activities; and Financing Activities segments. It provides 3-wheeler and commercial vehicle finance, gold loan, micro business loan, personal loan for students and faculty, and educational institutional loan, as well a... THEINVEST.NS Profile

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