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

Carborundum Universal Limited

Company LogoSymbol: CARBORUNIV
Price: ₹1,694
Exchange: NSE
Industrials -> Conglomerates
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Carborundum Recent Performance

Over the past 25 trading days, the value of Carborundum's stock has increased by ₹76.00 (+4.70%). On 27 May 2024, one share was worth ₹1618.00 and by 01 Jul 2024, the value jumped to ₹1694.00. During this period it created a highest high of ₹1841.15 and lowest low of ₹1500.00.

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 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 Carborundum shares for Mon 01 Jul 2024, see the table below.

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Table: Carborundum Share Price Target - Tomorrow

By analyzing Carborundum stock with today and past crucial price points and technical indicators we derived following targets for Tomorrow: Tue, 02 Jul, 2024!

Carborundum's LevelsValueReason/Importance
Tomorrow Target 31759.70 (+3.87%)Fibonacci Extension Level 150%
Tomorrow Target 21740.09 (+2.72%)Price Action: 18 Jun 2024 Low
Tomorrow Target 11713.84 (+1.17%)Price Action: Jun 2024 High
Current Price1694.00 Carborundum's 1 share price as of Mon 01 Jul 2024
Stop Loss 11685.84 (-0.49%)Price Action: 27 Jun 2024 Low
Stop Loss 21674.50 (-1.16%)Price Action: 26 Jun 2024 Low
Stop Loss 31664.84 (-1.73%)Price Action: 27 May 2024 High

Summary: Carborundum Share Price Prediction For Tomorrow

Mon 01 Jul 2024: Carborundum finished the day at ₹1694.00, gaining ₹24.25 (+1.45%) in 1 day.

In summary, our analysis of Carborundum for tomorrow predicts a rise of 1.17% to 3.87% with three potential targets T1: ₹1713.84, T2: ₹1740.09, T3: ₹1759.70 and Stop-Loss (SL) at SL1: ₹1685.84, SL2: ₹1674.50, SL3: ₹1664.84.

Additionally, we've identified a support level at ₹1670.59 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1730.00, 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 today and past crucial price points and technical indicators we derived following targets for the next week!

Carborundum's LevelsValueReason/Importance
Next Week Target 31748.94 (+3.24%)Price Action: 13 Jun 2024 High
Next Week Target 21729.75 (+2.11%)Price Action: 25 Jun 2024 High
Next Week Target 11712.02 (+1.06%)Custom Fibonacci Extension Lvl 23.6%
Current Price1694.00 Carborundum's 1 share price as of Mon 01 Jul 2024
Stop Loss 11685.84 (-0.49%)Price Action: 27 Jun 2024 Low
Stop Loss 21665.07 (-1.71%)Fibonacci Retracement Level 98.6%
Stop Loss 31645.40 (-2.87%)Price Action: 12 Jun 2024 Low

Summary: Carborundum Share Price Prediction For Next Week

As of Mon 01 Jul 2024, Carborundum share price stands at ₹1694.00, gaining ₹24.25 (+1.45%) in this week.

In summary, our analysis of Carborundum for next week predicts a rise of 1.06% to 3.24% with three potential targets T1: ₹1712.02, T2: ₹1729.75, T3: ₹1748.94 and Stop-Loss (SL) at SL1: ₹1685.84, SL2: ₹1665.07, SL3: ₹1645.40.

Additionally, we've identified a support level at ₹1670.59 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1730.00, 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 today and past crucial price points and technical indicators we derived following targets for Next Month!

Carborundum's LevelsValueReason/Importance
Next Month Target 31825.90 (+7.78%)Price Action: 19 Jun 2024 High
Next Month Target 21788.00 (+5.54%)Price Action: 14 Jun 2024 High
Next Month Target 11763.50 (+4.1%)Price Action: 19 Jun 2024 Low
Current Price1694.00 Carborundum's 1 share price as of Mon 01 Jul 2024
Stop Loss 11674.50 (-1.16%)Price Action: 26 Jun 2024 Low
Stop Loss 21645.40 (-2.87%)Price Action: 12 Jun 2024 Low
Stop Loss 31625.90 (-4.03%)Price Action: 11 Jun 2024 Low

Summary: Carborundum Share Price Prediction For Next Month

As of Mon 01 Jul 2024, Carborundum share price stands at ₹1694.00, gaining ₹24.25 (+1.45%) in this month.

In summary, our analysis of Carborundum for next month predicts a rise of 4.1% to 7.78% with three potential targets T1: ₹1763.50, T2: ₹1788.00, T3: ₹1825.90 and Stop-Loss (SL) at SL1: ₹1674.50, SL2: ₹1645.40, SL3: ₹1625.90.

Additionally, we've identified a support level at 1670.59 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1841.15, 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