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Amforge Industries Share Price Target - Tomorrow, Next Week & Next Month

Amforge Industries Limited

Company LogoSymbol: AMFORG
Price: ₹12.46
Exchange: BSE
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Amforge Industries Recent Performance

Over the past 24 trading days, the value of Amforge Industries's stock has increased by ₹0.76 (+6.50%). On 02 Aug 2024, one share was worth ₹11.70 and by 06 Sep 2024, the value jumped to ₹12.46. During this period it created a highest high of ₹13.51 and lowest low of ₹10.08.

Below Image represents line chart of daily close price of Amforge Industries, helping you visualize how the price has changed day by day.

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Amforge Industries Recent Daily Close Chart

Chart: Amforge Industries Share Price Target - Tomorrow

Amforge Industries Targets For Tomorrow Chart

The line chart displays the Amforge Industries daily closing prices for the past 24 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Amforge Industries shares for Fri 06 Sep 2024, see the table below.

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Table: Amforge Industries Share Price Target - Tomorrow

By analyzing Amforge Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 09 Sep, 2024!

Amforge Industries's LevelsValueReason/Importance
Tomorrow Target 312.94 (+3.85%)Price Action: 23 Aug 2024 High
Tomorrow Target 212.79 (+2.64%)Price Action: 03 Sep 2024 High
Tomorrow Target 112.60 (+1.12%)Price Action: Sep 2002 High
Current Price12.46Amforge Industries's 1 share price as of Fri 06 Sep 2024
Stop Loss 112.41 (-0.41%)Price Action: 28 Aug 2024 Low
Stop Loss 212.35 (-0.89%)Price Action: 26 Aug 2024 Low
Stop Loss 312.25 (-1.69%)Price Action: 04 Sep 2024 Low

Summary: Amforge Industries Share Price Prediction For Tomorrow

Fri 06 Sep 2024: Amforge Industries finished the day at ₹12.46, gaining ₹0.02 (+0.16%) in 1 day.

In summary, our analysis of Amforge Industries for tomorrow predicts a rise of 1.12% to 3.85% with three potential targets T1: ₹12.60, T2: ₹12.79, T3: ₹12.94 and Stop-Loss (SL) at SL1: ₹12.41, SL2: ₹12.35, SL3: ₹12.25.

Additionally, we've identified a support level at ₹12.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹12.89, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

Over the last 24 trading days, the stock has jumped 6.50%, indicating it could be a good option for trading or short-term investment. During this period, its price fluctuated between 13.51 and 10.08.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Amforge Industries.

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Chart: Amforge Industries Share Price Target - Next Week

Amforge Industries Targets For Next Week Chart

The chart displays the Amforge Industries weekly closing prices for the past 20 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Amforge Industries shares for next week, see the table below.

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Table: Amforge Industries Share Price Target - Next Week

By analyzing Amforge Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

Amforge Industries's LevelsValueReason/Importance
Next Week Target 313.14 (+5.45%)Custom Fibonacci Extension Lvl 50%
Next Week Target 212.94 (+3.85%)Price Action: 23 Aug 2024 High
Next Week Target 112.78 (+2.56%)Custom Fibonacci Extension Lvl 23.6%
Current Price12.46Amforge Industries's 1 share price as of Fri 06 Sep 2024
Stop Loss 112.35 (-0.89%)Price Action: 26 Aug 2024 Low
Stop Loss 212.22 (-1.93%)Price Action: Apr 2008 High
Stop Loss 312.05 (-3.3%)Price Action: 03 Sep 2024 Low

Summary: Amforge Industries Share Price Prediction For Next Week

As of Fri 06 Sep 2024, Amforge Industries share price stands at ₹12.46, losing ₹-0.07 (-0.56%) in this week.

In summary, our analysis of Amforge Industries for next week predicts a rise of 2.56% to 5.45% with three potential targets T1: ₹12.78, T2: ₹12.94, T3: ₹13.14 and Stop-Loss (SL) at SL1: ₹12.35, SL2: ₹12.22, SL3: ₹12.05.

Additionally, we've identified a support level at ₹12.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹12.95, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Amforge Industries.

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Chart: Amforge Industries Share Price Target - Next Month

Amforge Industries Targets For Next Month Chart

The chart displays the Amforge Industries monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Amforge Industries shares for next month, see the table below.

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Table: Amforge Industries Share Price Target - Next Month

By analyzing Amforge Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

Amforge Industries's LevelsValueReason/Importance
Next Month Target 313.60 (+9.14%)Price Action: Dec 2006 Low
Next Month Target 213.38 (+7.38%)Price Action: 27 Aug 2024 High
Next Month Target 113.23 (+6.17%)Price Action: 28 Aug 2024 High
Current Price12.46Amforge Industries's 1 share price as of Fri 06 Sep 2024
Stop Loss 112.25 (-1.69%)Price Action: 04 Sep 2024 Low
Stop Loss 212.05 (-3.3%)Price Action: 03 Sep 2024 Low
Stop Loss 311.90 (-4.5%)Price Action: 22 Aug 2024 High

Summary: Amforge Industries Share Price Prediction For Next Month

As of Fri 06 Sep 2024, Amforge Industries share price stands at ₹12.46, losing ₹-0.07 (-0.56%) in this month.

In summary, our analysis of Amforge Industries for next month predicts a rise of 6.17% to 9.14% with three potential targets T1: ₹13.23, T2: ₹13.38, T3: ₹13.60 and Stop-Loss (SL) at SL1: ₹12.25, SL2: ₹12.05, SL3: ₹11.90.

Additionally, we've identified a support level at 12.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 13.51, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Amforge Industries, we created a specific page for that check here: Amforge Industries Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Amforge Industries short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Amforge Industries Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter