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Bengal Tea & Fabrics Share Price Target - Tomorrow, Next Week & Next Month

Bengal Tea & Fabrics Limited

Company LogoSymbol: BENGALT
Price: ₹177.89
Exchange: BSE
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Bengal Tea & Fabrics Recent Performance

Over the past 23 trading days, the value of Bengal Tea & Fabrics's stock has decreased by ₹2.81 (-1.56%). On 17 Oct 2024, one share was worth ₹180.70 and by 21 Nov 2024, the value dropped to ₹177.89. During this period it created a highest high of ₹196.00 and lowest low of ₹163.25.

Below Image represents line chart of daily close price of Bengal Tea & Fabrics, helping you visualize how the price has changed day by day.

Bengal Tea & Fabrics Recent Daily Close Chart

Chart: Bengal Tea & Fabrics Share Price Target - Tomorrow

Bengal Tea & Fabrics Targets For Tomorrow Chart

The line chart displays the Bengal Tea & Fabrics daily closing prices for the past 23 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 Bengal Tea & Fabrics shares for Thu 21 Nov 2024, see the table below.

Table: Bengal Tea & Fabrics Share Price Target - Tomorrow

By analyzing Bengal Tea & Fabrics stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!

Bengal Tea & Fabrics's LevelsValueReason/Importance
Tomorrow Target 3184.00 (+3.43%)Price Action: 01 Nov 2024 Low
Tomorrow Target 2182.00 (+2.31%)Price Action: 21 Oct 2024 High
Tomorrow Target 1179.75 (+1.04%)Price Action: 18 Nov 2024 High
Current Price177.89Bengal Tea & Fabrics's 1 share price as of Thu 21 Nov 2024
Stop Loss 1177.29 (-0.34%)Fibonacci Retracement Level 23.6%
Stop Loss 2176.80 (-0.62%)Price Action: 14 Nov 2024 High
Stop Loss 3175.64 (-1.27%)Fibonacci Retracement Level 78.6%

Summary: Bengal Tea & Fabrics Share Price Prediction For Tomorrow

Thu 21 Nov 2024: Bengal Tea & Fabrics finished the day at ₹177.89, gaining ₹2.89 (+1.65%) in 1 day.

In summary, our analysis of Bengal Tea & Fabrics for tomorrow predicts a rise of 1.04% to 3.43% with three potential targets T1: ₹179.75, T2: ₹182.00, T3: ₹184.00 and Stop-Loss (SL) at SL1: ₹177.29, SL2: ₹176.80, SL3: ₹175.64.

Additionally, we've identified a support level at ₹175.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹178.00, 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 Bengal Tea & Fabrics.

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Chart: Bengal Tea & Fabrics Share Price Target - Next Week

Bengal Tea & Fabrics Targets For Next Week Chart

The chart displays the Bengal Tea & Fabrics 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 Bengal Tea & Fabrics shares for next week, see the table below.

Table: Bengal Tea & Fabrics Share Price Target - Next Week

By analyzing Bengal Tea & Fabrics stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

Bengal Tea & Fabrics's LevelsValueReason/Importance
Next Week Target 3189.70 (+6.63%)Price Action: 08 Nov 2024 High
Next Week Target 2186.89 (+5.05%)Price Action: 05 Nov 2024 High
Next Week Target 1183.72 (+3.27%)Custom Fibonacci Extension Lvl 23.6%
Current Price177.89Bengal Tea & Fabrics's 1 share price as of Thu 21 Nov 2024
Stop Loss 1176.14 (-0.99%)Price Action: 04 Nov 2024 Low
Stop Loss 2174.21 (-2.07%)Technical Indicator: MA50
Stop Loss 3172.39 (-3.1%)Price Action: 25 Oct 2024 High

Summary: Bengal Tea & Fabrics Share Price Prediction For Next Week

As of Thu 21 Nov 2024, Bengal Tea & Fabrics share price stands at ₹177.89, gaining ₹7.29 (+4.27%) in this week.

In summary, our analysis of Bengal Tea & Fabrics for next week predicts a rise of 3.27% to 6.63% with three potential targets T1: ₹183.72, T2: ₹186.89, T3: ₹189.70 and Stop-Loss (SL) at SL1: ₹176.14, SL2: ₹174.21, SL3: ₹172.39.

Additionally, we've identified a support level at ₹171.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹180.00, 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 Bengal Tea & Fabrics.

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Chart: Bengal Tea & Fabrics Share Price Target - Next Month

Bengal Tea & Fabrics Targets For Next Month Chart

The chart displays the Bengal Tea & Fabrics 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 Bengal Tea & Fabrics shares for next month, see the table below.

Table: Bengal Tea & Fabrics Share Price Target - Next Month

By analyzing Bengal Tea & Fabrics stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

Bengal Tea & Fabrics's LevelsValueReason/Importance
Next Month Target 3189.70 (+6.63%)Price Action: 08 Nov 2024 High
Next Month Target 2186.89 (+5.05%)Price Action: 05 Nov 2024 High
Next Month Target 1184.95 (+3.96%)Price Action: 17 Oct 2024 High
Current Price177.89Bengal Tea & Fabrics's 1 share price as of Thu 21 Nov 2024
Stop Loss 1176.14 (-0.99%)Price Action: 04 Nov 2024 Low
Stop Loss 2174.21 (-2.07%)Technical Indicator: MA50
Stop Loss 3172.39 (-3.1%)Price Action: 25 Oct 2024 High

Summary: Bengal Tea & Fabrics Share Price Prediction For Next Month

As of Thu 21 Nov 2024, Bengal Tea & Fabrics share price stands at ₹177.89, losing ₹-3.21 (-1.77%) in this month.

In summary, our analysis of Bengal Tea & Fabrics for next month predicts a rise of 3.96% to 6.63% with three potential targets T1: ₹184.95, T2: ₹186.89, T3: ₹189.70 and Stop-Loss (SL) at SL1: ₹176.14, SL2: ₹174.21, SL3: ₹172.39.

Additionally, we've identified a support level at 175.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 196.00, 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 Bengal Tea & Fabrics, we created a specific page for that check here: Bengal Tea & Fabrics Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Bengal Tea & Fabrics 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 Bengal Tea & Fabrics 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