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Mirae Nifty Bank ETF Share Price Target - Tomorrow, Next Week & Next Month

Mirae Asset Mutual Fund - Mirae Asset Nifty Bank ETF

Company LogoSymbol: BANKETF
Price: ₹510.89
Exchange: NSE
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Mirae Nifty Bank ETF Recent Performance

Over the past 25 trading days, the value of Mirae Nifty Bank ETF's stock has decreased by ₹6.07 (-1.17%). On 02 Aug 2024, one share was worth ₹516.96 and by 06 Sep 2024, the value dropped to ₹510.89. During this period it created a highest high of ₹521.08 and lowest low of ₹500.00.

Below Image represents line chart of daily close price of Mirae Nifty Bank ETF, helping you visualize how the price has changed day by day.

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 Mirae Nifty Bank ETF Recent Daily Close Chart

Chart: Mirae Nifty Bank ETF Share Price Target - Tomorrow

 Mirae Nifty Bank ETF Targets For Tomorrow Chart

The line chart displays the Mirae Nifty Bank ETF daily closing prices for the past 25 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 Mirae Nifty Bank ETF shares for Fri 06 Sep 2024, see the table below.

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Table: Mirae Nifty Bank ETF Share Price Target - Tomorrow

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

Mirae Nifty Bank ETF's LevelsValueReason/Importance
Tomorrow Target 3534.00 (+4.52%)Price Action: Jun 2024 High
Tomorrow Target 2521.67 (+2.11%)Fibonacci Extension Level 138.2%
Tomorrow Target 1516.34 (+1.06%)Price Action: Jul 2024 Low
Current Price510.89 Mirae Nifty Bank ETF's 1 share price as of Fri 06 Sep 2024
Stop Loss 1509.48 (-0.28%)Price Action: 13 Aug 2024 High
Stop Loss 2508.17 (-0.54%)Price Action: 21 Aug 2024 Low
Stop Loss 3505.20 (-1.12%)Price Action: 12 Aug 2024 Low

Summary: Mirae Nifty Bank ETF Share Price Prediction For Tomorrow

Fri 06 Sep 2024: Mirae Nifty Bank ETF finished the day at ₹510.89, losing ₹-8.84 (-1.70%) in 1 day.

In summary, our analysis of Mirae Nifty Bank ETF for tomorrow predicts a rise of 1.06% to 4.52% with three potential targets T1: ₹516.34, T2: ₹521.67, T3: ₹534.00 and Stop-Loss (SL) at SL1: ₹509.48, SL2: ₹508.17, SL3: ₹505.20.

Additionally, we've identified a support level at ₹509.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹518.17, 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.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Mirae Nifty Bank ETF.

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Chart: Mirae Nifty Bank ETF Share Price Target - Next Week

 Mirae Nifty Bank ETF Targets For Next Week Chart

The chart displays the Mirae Nifty Bank ETF weekly closing prices for the past 25 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 Mirae Nifty Bank ETF shares for next week, see the table below.

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Table: Mirae Nifty Bank ETF Share Price Target - Next Week

By analyzing Mirae Nifty Bank ETF stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

Mirae Nifty Bank ETF's LevelsValueReason/Importance
Next Week Target 3525.96 (+2.94%)Price Action: Jun 2024 Low
Next Week Target 2519.03 (+1.59%)Technical Indicator: MA50
Next Week Target 1513.74 (+0.55%)Custom Fibonacci Extension Lvl 23.6%
Current Price510.89 Mirae Nifty Bank ETF's 1 share price as of Fri 06 Sep 2024
Stop Loss 1509.84 (-0.21%)Price Action: 06 Aug 2024 High
Stop Loss 2504.17 (-1.32%)Fibonacci Retracement Extended 40%
Stop Loss 3499.02 (-2.33%)Fibonacci Retracement Extended 82.6%

Summary: Mirae Nifty Bank ETF Share Price Prediction For Next Week

As of Fri 06 Sep 2024, Mirae Nifty Bank ETF share price stands at ₹510.89, losing ₹-6.89 (-1.33%) in this week.

In summary, our analysis of Mirae Nifty Bank ETF for next week predicts a rise of 0.55% to 2.94% with three potential targets T1: ₹513.74, T2: ₹519.03, T3: ₹525.96 and Stop-Loss (SL) at SL1: ₹509.84, SL2: ₹504.17, SL3: ₹499.02.

Additionally, we've identified a support level at ₹509.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹521.08, 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 Mirae Nifty Bank ETF.

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Chart: Mirae Nifty Bank ETF Share Price Target - Next Month

 Mirae Nifty Bank ETF Targets For Next Month Chart

The chart displays the Mirae Nifty Bank ETF monthly closing prices for the past 15 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 Mirae Nifty Bank ETF shares for next month, see the table below.

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Table: Mirae Nifty Bank ETF Share Price Target - Next Month

By analyzing Mirae Nifty Bank ETF stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

Mirae Nifty Bank ETF's LevelsValueReason/Importance
Next Month Target 3527.98 (+3.34%)Fibonacci Extension Level 123.6%
Next Month Target 2521.08 (+1.99%)Price Action: 03 Sep 2024 High
Next Month Target 1515.50 (+0.9%)Price Action: 28 Aug 2024 Low
Current Price510.89 Mirae Nifty Bank ETF's 1 share price as of Fri 06 Sep 2024
Stop Loss 1509.48 (-0.28%)Price Action: 13 Aug 2024 High
Stop Loss 2502.45 (-1.66%)Price Action: 16 Aug 2024 Low
Stop Loss 3496.51 (-2.82%)Price Action: Dec 2023 High

Summary: Mirae Nifty Bank ETF Share Price Prediction For Next Month

As of Fri 06 Sep 2024, Mirae Nifty Bank ETF share price stands at ₹510.89, losing ₹-6.89 (-1.33%) in this month.

In summary, our analysis of Mirae Nifty Bank ETF for next month predicts a rise of 0.9% to 3.34% with three potential targets T1: ₹515.50, T2: ₹521.08, T3: ₹527.98 and Stop-Loss (SL) at SL1: ₹509.48, SL2: ₹502.45, SL3: ₹496.51.

Additionally, we've identified a support level at 509.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 521.08, 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 Mirae Nifty Bank ETF, we created a specific page for that check here: Mirae Nifty Bank ETF Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Mirae Nifty Bank ETF 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 Mirae Asset Mutual Fund - Mirae Asset Nifty Bank ETF, 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