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Carborundum Share Price Target - Tomorrow, Next Week & Next Month

Carborundum Universal Limited

Company LogoSymbol: CARBORUNIV
Price: ₹1,461.65
Exchange: NSE
Industrials -> Conglomerates
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Carborundum Recent Performance

Over the past 18 trading days, the value of Carborundum's stock has decreased by ₹6.29 (-0.43%). On 11 Oct 2024, one share was worth ₹1467.94 and by 14 Nov 2024, the value dropped to ₹1461.65. During this period it created a highest high of ₹1536.75 and lowest low of ₹1340.50.

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

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 Carborundum Recent Daily Close Chart

Chart: Carborundum Share Price Target - Tomorrow

 Carborundum Targets For Tomorrow Chart

The line chart displays the Carborundum daily closing prices for the past 18 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 Carborundum shares for Thu 14 Nov 2024, see the table below.

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Table: Carborundum Share Price Target - Tomorrow

By analyzing Carborundum stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 18 Nov, 2024!

Carborundum's LevelsValueReason/Importance
Tomorrow Target 31512.44 (+3.47%)Price Action: 16 Oct 2024 High
Tomorrow Target 21492.90 (+2.13%)Fibonacci Extension Level 138.2%
Tomorrow Target 11478.05 (+1.12%)Price Action: 16 Oct 2024 Low
Current Price1461.65 Carborundum's 1 share price as of Thu 14 Nov 2024
Stop Loss 11457.44 (-0.29%)Price Action: 17 Oct 2024 Low
Stop Loss 21451.05 (-0.73%)Price Action: 18 Oct 2024 Low
Stop Loss 31442.64 (-1.31%)Technical Indicator: MA50

Summary: Carborundum Share Price Prediction For Tomorrow

Thu 14 Nov 2024: Carborundum finished the day at ₹1461.65, gaining ₹32.40 (+2.27%) in 1 day.

In summary, our analysis of Carborundum for tomorrow predicts a rise of 1.12% to 3.47% with three potential targets T1: ₹1478.05, T2: ₹1492.90, T3: ₹1512.44 and Stop-Loss (SL) at SL1: ₹1457.44, SL2: ₹1451.05, SL3: ₹1442.64.

Additionally, we've identified a support level at ₹1410.05 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1470.00, 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 Carborundum.

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Chart: Carborundum Share Price Target - Next Week

 Carborundum Targets For Next Week Chart

The chart displays the Carborundum 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 Carborundum shares for next week, see the table below.

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Table: Carborundum Share Price Target - Next Week

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

Carborundum's LevelsValueReason/Importance
Next Week Target 31529.00 (+4.6%)Price Action: Aug 2024 High
Next Week Target 21512.44 (+3.47%)Price Action: 16 Oct 2024 High
Next Week Target 11492.21 (+2.09%)Custom Fibonacci Extension Lvl 23.6%
Current Price1461.65 Carborundum's 1 share price as of Thu 14 Nov 2024
Stop Loss 11451.05 (-0.73%)Price Action: 18 Oct 2024 Low
Stop Loss 21435.69 (-1.78%)Price Action: 21 Oct 2024 Low
Stop Loss 31420.53 (-2.82%)Fibonacci Retracement Level 38.2%

Summary: Carborundum Share Price Prediction For Next Week

As of Thu 14 Nov 2024, Carborundum share price stands at ₹1461.65, gaining ₹35.75 (+2.51%) in this week.

In summary, our analysis of Carborundum for next week predicts a rise of 2.09% to 4.6% with three potential targets T1: ₹1492.21, T2: ₹1512.44, T3: ₹1529.00 and Stop-Loss (SL) at SL1: ₹1451.05, SL2: ₹1435.69, SL3: ₹1420.53.

Additionally, we've identified a support level at ₹1378.05 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1470.00, 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 Carborundum.

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Chart: Carborundum Share Price Target - Next Month

 Carborundum Targets For Next Month Chart

The chart displays the Carborundum 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 Carborundum shares for next month, see the table below.

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Table: Carborundum Share Price Target - Next Month

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

Carborundum's LevelsValueReason/Importance
Next Month Target 31536.75 (+5.13%)Fibonacci Extension Level 100%
Next Month Target 21515.00 (+3.64%)Price Action: Sep 2024 High
Next Month Target 11499.94 (+2.61%)Price Action: 17 Oct 2024 High
Current Price1461.65 Carborundum's 1 share price as of Thu 14 Nov 2024
Stop Loss 11451.05 (-0.73%)Price Action: 18 Oct 2024 Low
Stop Loss 21435.69 (-1.78%)Price Action: 21 Oct 2024 Low
Stop Loss 31415.00 (-3.2%)Price Action: 04 Nov 2024 High

Summary: Carborundum Share Price Prediction For Next Month

As of Thu 14 Nov 2024, Carborundum share price stands at ₹1461.65, gaining ₹82.71 (+6.00%) in this month.

In summary, our analysis of Carborundum for next month predicts a rise of 2.61% to 5.13% with three potential targets T1: ₹1499.94, T2: ₹1515.00, T3: ₹1536.75 and Stop-Loss (SL) at SL1: ₹1451.05, SL2: ₹1435.69, SL3: ₹1415.00.

Additionally, we've identified a support level at 1410.05 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1536.75, 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 Carborundum, we created a specific page for that check here: Carborundum Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Carborundum 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 Carborundum Universal 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