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NIFTY METAL Share Price Target - Tomorrow, Next Week & Next Month

NIFTY METAL

Company LogoSymbol: CNXMETAL
Price: ₹9,912.09
Exchange: NSE
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NIFTY METAL Recent Performance

Over the past 26 trading days, the value of NIFTY METAL's stock has increased by ₹928.50 (+10.34%). On 10 May 2024, one share was worth ₹8983.59 and by 14 Jun 2024, the value jumped to ₹9912.09. During this period it created a highest high of ₹10195.59 and lowest low of ₹8534.95.

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

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NIFTY METAL Recent Daily Close Chart

Chart: NIFTY METAL Share Price Target - Tomorrow

NIFTY METAL Targets For Tomorrow Chart

The line chart displays the NIFTY METAL daily closing prices for the past 26 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 NIFTY METAL shares for Fri 14 Jun 2024, see the table below.

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Table: NIFTY METAL Share Price Target - Tomorrow

By analyzing NIFTY METAL stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 17 Jun, 2024!

NIFTY METAL's LevelsValueReason/Importance
Tomorrow Target 310389.31 (+4.81%)Price Action: Chart
Tomorrow Target 210195.59 (+2.86%)Price Action: 03 Jun 2024 High
Tomorrow Target 110022.54 (+1.11%)Price Action: 27 May 2024 High
Current Price9912.09NIFTY METAL's 1 share price as of Fri 14 Jun 2024
Stop Loss 19876.06 (-0.37%)Fibonacci Retracement Level 38.2%
Stop Loss 29847.40 (-0.66%)Price Action: 27 May 2024 Low
Stop Loss 39788.04 (-1.26%)Price Action: 28 May 2024 Low

Summary: NIFTY METAL Share Price Prediction For Tomorrow

Fri 14 Jun 2024: NIFTY METAL finished the day at ₹9912.09, gaining ₹71.84 (+0.73%) in 1 day.

In summary, our analysis of NIFTY METAL for tomorrow predicts a rise of 1.11% to 4.81% with three potential targets T1: ₹10022.54, T2: ₹10195.59, T3: ₹10389.31 and Stop-Loss (SL) at SL1: ₹9876.06, SL2: ₹9847.40, SL3: ₹9788.04.

Additionally, we've identified a support level at ₹9796.84 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹9925.04, 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 26 trading days, the stock has jumped 10.34%, indicating it could be a excellent option for trading or short-term investment. During this period, its price fluctuated between 10195.59 and 8534.95.

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

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Chart: NIFTY METAL Share Price Target - Next Week

NIFTY METAL Targets For Next Week Chart

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

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Table: NIFTY METAL Share Price Target - Next Week

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

NIFTY METAL's LevelsValueReason/Importance
Next Week Target 310294.54 (+3.85%)Fibonacci Extension Level 199%
Next Week Target 210117.99 (+2.07%)Fibonacci Extension Level 150%
Next Week Target 19996.84 (+0.85%)Price Action: 28 May 2024 High
Current Price9912.09NIFTY METAL's 1 share price as of Fri 14 Jun 2024
Stop Loss 19885.97 (-0.27%)Price Action: Chart
Stop Loss 29783.79 (-1.3%)Price Action: May 2024 High
Stop Loss 39679.14 (-2.36%)Fibonacci Retracement Level 71.8%

Summary: NIFTY METAL Share Price Prediction For Next Week

As of Fri 14 Jun 2024, NIFTY METAL share price stands at ₹9912.09, gaining ₹78.50 (+0.80%) in this week.

In summary, our analysis of NIFTY METAL for next week predicts a rise of 0.85% to 3.85% with three potential targets T1: ₹9996.84, T2: ₹10117.99, T3: ₹10294.54 and Stop-Loss (SL) at SL1: ₹9885.97, SL2: ₹9783.79, SL3: ₹9679.14.

Additionally, we've identified a support level at ₹9750.34 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹9937.84, 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 NIFTY METAL.

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Chart: NIFTY METAL Share Price Target - Next Month

NIFTY METAL Targets For Next Month Chart

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

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Table: NIFTY METAL Share Price Target - Next Month

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

NIFTY METAL's LevelsValueReason/Importance
Next Month Target 310587.50 (+6.81%)Fibonacci Extension Level 123.6%
Next Month Target 210407.04 (+4.99%)Price Action: Chart
Next Month Target 110304.00 (+3.95%)Custom Fibonacci Extension Lvl 23.6%
Current Price9912.09NIFTY METAL's 1 share price as of Fri 14 Jun 2024
Stop Loss 19808.54 (-1.05%)Price Action: 30 May 2024 High
Stop Loss 29645.29 (-2.7%)Price Action: 21 May 2024 Low
Stop Loss 39524.29 (-3.92%)Price Action: 05 Jun 2024 High

Summary: NIFTY METAL Share Price Prediction For Next Month

As of Fri 14 Jun 2024, NIFTY METAL share price stands at ₹9912.09, gaining ₹188.50 (+1.94%) in this month.

In summary, our analysis of NIFTY METAL for next month predicts a rise of 3.95% to 6.81% with three potential targets T1: ₹10304.00, T2: ₹10407.04, T3: ₹10587.50 and Stop-Loss (SL) at SL1: ₹9808.54, SL2: ₹9645.29, SL3: ₹9524.29.

Additionally, we've identified a support level at 9796.84 — think of this as a safety net where the price might stop falling and there's also a resistance level at 10195.59, 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 NIFTY METAL, we created a specific page for that check here: NIFTY METAL Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on NIFTY METAL 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 NIFTY METAL, 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