S&P BSE BASIC MATERIALS Share Target 2024, 2025 To 2039
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S&P BSE BASIC MATERIALS |
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Price: ₹5,314.89 | ||
| 52 Week Low: ₹4,353.62 52 Week High: ₹6,126.75 |
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| Market Capital: N/A | |||
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Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: S&P BSE BASIC MATERIALS Share Price Target For 2024
- 1.1.1: S&P BSE BASIC MATERIALS Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: S&P BSE BASIC MATERIALS Share Price Target For 2025
- 1.2.1: S&P BSE BASIC MATERIALS Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: S&P BSE BASIC MATERIALS Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
To predict the S&P BSE BASIC MATERIALS's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
S&P BSE BASIC MATERIALS Share Price Target For 2024
The line chart displays the monthly closing prices of S&P BSE BASIC MATERIALS with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for S&P BSE BASIC MATERIALS shares in 2024, see the table below.
S&P BSE BASIC MATERIALS Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 5826.28 (+9.61%) | Price Action: Sep 2022 High |
| 2024 Target 2 | 5733.35 (+7.87%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 1 | 5675.34 (+6.78%) | Price Action: Dec 2021 High |
| Current Price | 5314.89 | S&P BSE BASIC MATERIALS's share price as of 21 Oct 2022 |
| Stop Loss 1 | 5143.78 (-3.22%) | Technical Indicator: MA100 |
| Stop Loss 2 | 5059.00 (-4.82%) | Price Action: Feb 2022 Low |
| Stop Loss 3 | 4967.94 (-6.53%) | Price Action: Chart |
Short-Term Technical Outlook
Current Technical Position: S&P BSE BASIC MATERIALS is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹5377.51 serves as the nearest technical reference point.
Historical Returns: 3-month: +17.12% | 6-month: -8.19% | 1-year: -5.98%
S&P BSE BASIC MATERIALS Share Price Target For 2025
The line chart displays the monthly closing prices of S&P BSE BASIC MATERIALS with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for S&P BSE BASIC MATERIALS shares in 2025, see the table below.
S&P BSE BASIC MATERIALS Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 6704.70 (+26.14%) | Price Action: Chart |
| 2025 Target 2 | 6579.69 (+23.79%) | Fibonacci Extension Level 123.6% |
| 2025 Target 1 | 6483.76 (+21.99%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 5314.89 | S&P BSE BASIC MATERIALS's share price as of 21 Oct 2022 |
| Stop Loss 1 | 5030.24 (-5.36%) | Price Action: Chart |
| Stop Loss 2 | 4979.94 (-6.31%) | Price Action: Chart |
| Stop Loss 3 | 4890.30 (-7.99%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: S&P BSE BASIC MATERIALS is currently trading at 54.2% of its 52-week range (₹4353.62 - ₹6126.75).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: -5.98% | 3-year: NA | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
S&P BSE BASIC MATERIALS Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹5,314.89 | ||
| 2025 | ₹4,738.68 | -10.84% | ₹5,123.19 |
| 2026 | ₹4,208.17 | -11.19% | ₹4,698.16 |
| 2027 | ₹3,895.44 | -7.43% | ₹4,278.27 |
| 2028 | ₹3,441.57 | -11.65% | ₹3,846.98 |
| 2029 | ₹4,222.03 | +22.67% | ₹4,402.73 |
| 2030 | ₹4,039.84 | -4.31% | ₹4,205.59 |
| 2031 | ₹3,748.05 | -7.22% | ₹4,019.01 |
| 2032 | ₹3,655.82 | -2.46% | ₹3,837.43 |
| 2033 | ₹3,437.04 | -5.98% | ₹3,628.02 |
| 2034 | ₹3,538.11 | +2.94% | ₹3,591.18 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
