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Essar Shipping Share Price Target - Tomorrow, Next Week & Next Month
Essar Shipping Limited | |||
 | Symbol: ESSARSHPNG | ||
| Price: ₹39.96 | |||
| Exchange: NSE | |||
| Industrials -> Marine Shipping | |||
Show Table of Contents
Table of Contents
- 1: Essar Shipping Recent Performance
- 2: Chart: Essar Shipping Share Price Target - Tomorrow
- 3: Table: Essar Shipping Share Price Target - Tomorrow
- 4: Summary: Essar Shipping Share Price Prediction For Tomorrow
- 5: Chart: Essar Shipping Share Price Target - Next Week
- 6: Table: Essar Shipping Share Price Target - Next Week
- 7: Summary: Essar Shipping Share Price Prediction For Next Week
- 8: Chart: Essar Shipping Share Price Target - Next Month
- 9: Table: Essar Shipping Share Price Target - Next Month
- 10: Summary: Essar Shipping Share Price Prediction For Next Month
Essar Shipping Recent Performance
Over the past 20 trading days, the value of Essar Shipping's stock has increased by ₹2.21 (+5.85%). On 17 Oct 2024, one share was worth ₹37.75 and by 21 Nov 2024, the value jumped to ₹39.96. During this period it created a highest high of ₹40.90 and lowest low of ₹32.89.
Below Image represents line chart of daily close price of Essar Shipping, helping you visualize how the price has changed day by day.
Chart: Essar Shipping Share Price Target - Tomorrow
The line chart displays the Essar Shipping daily closing prices for the past 20 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 Essar Shipping shares for Thu 21 Nov 2024, see the table below.
Table: Essar Shipping Share Price Target - Tomorrow
By analyzing Essar Shipping stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!
| Essar Shipping's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 39.69 (-0.68%) | Price Action: Chart |
| Tomorrow Target 2 | 38.95 (-2.53%) | Price Action: Dec 2023 High |
| Tomorrow Target 1 | 38.45 (-3.78%) | Technical Indicator: MA50 |
| Current Price | 39.96 | Essar Shipping's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 37.75 (-5.54%) | Price Action: 17 Oct 2024 Low |
| Stop Loss 2 | 37.50 (-6.16%) | Price Action: 04 Nov 2024 Low |
| Stop Loss 3 | 37.26 (-6.76%) | Price Action: Chart |
Summary: Essar Shipping Share Price Prediction For Tomorrow
Thu 21 Nov 2024: Essar Shipping finished the day at ₹39.96, gaining ₹1.90 (+4.99%) in 1 day.
In summary, our analysis of Essar Shipping for tomorrow predicts a rise of -3.78% to -0.68% with three potential targets T1: ₹38.45, T2: ₹38.95, T3: ₹39.69 and Stop-Loss (SL) at SL1: ₹37.75, SL2: ₹37.50, SL3: ₹37.26.
Additionally, we've identified a support level at ₹38.75 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹39.96, 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 20 trading days, the stock has jumped 5.85%, indicating it could be a good option for trading or short-term investment. During this period, its price fluctuated between 40.90 and 32.89.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Essar Shipping.
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Chart: Essar Shipping Share Price Target - Next Week
The chart displays the Essar Shipping 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 Essar Shipping shares for next week, see the table below.
Table: Essar Shipping Share Price Target - Next Week
By analyzing Essar Shipping stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Essar Shipping's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 41.93 (+4.92%) | Technical Indicator: MA150 |
| Next Week Target 2 | 40.90 (+2.35%) | Price Action: 07 Nov 2024 High |
| Next Week Target 1 | 39.95 (-0.03%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 39.96 | Essar Shipping's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 37.50 (-6.16%) | Price Action: 04 Nov 2024 Low |
| Stop Loss 2 | 37.01 (-7.39%) | Price Action: 18 Oct 2024 Low |
| Stop Loss 3 | 36.50 (-8.66%) | Price Action: May 2012 High |
Summary: Essar Shipping Share Price Prediction For Next Week
As of Thu 21 Nov 2024, Essar Shipping share price stands at ₹39.96, gaining ₹5.43 (+15.73%) in this week.
In summary, our analysis of Essar Shipping for next week predicts a rise of -0.03% to 4.92% with three potential targets T1: ₹39.95, T2: ₹40.90, T3: ₹41.93 and Stop-Loss (SL) at SL1: ₹37.50, SL2: ₹37.01, SL3: ₹36.50.
Additionally, we've identified a support level at ₹36.25 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹39.96, 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 Essar Shipping.
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Chart: Essar Shipping Share Price Target - Next Month
The chart displays the Essar Shipping 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 Essar Shipping shares for next month, see the table below.
Table: Essar Shipping Share Price Target - Next Month
By analyzing Essar Shipping stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Essar Shipping's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 41.93 (+4.92%) | Technical Indicator: MA150 |
| Next Month Target 2 | 40.90 (+2.35%) | Price Action: 07 Nov 2024 High |
| Next Month Target 1 | 39.95 (-0.03%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 39.96 | Essar Shipping's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 37.50 (-6.16%) | Price Action: 04 Nov 2024 Low |
| Stop Loss 2 | 37.01 (-7.39%) | Price Action: 18 Oct 2024 Low |
| Stop Loss 3 | 36.50 (-8.66%) | Price Action: May 2012 High |
Summary: Essar Shipping Share Price Prediction For Next Month
As of Thu 21 Nov 2024, Essar Shipping share price stands at ₹39.96, gaining ₹4.75 (+13.49%) in this month.
In summary, our analysis of Essar Shipping for next month predicts a rise of -0.03% to 4.92% with three potential targets T1: ₹39.95, T2: ₹40.90, T3: ₹41.93 and Stop-Loss (SL) at SL1: ₹37.50, SL2: ₹37.01, SL3: ₹36.50.
Additionally, we've identified a support level at 38.75 — think of this as a safety net where the price might stop falling and there's also a resistance level at 40.90, 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 Essar Shipping, we created a specific page for that check here: Essar Shipping Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Essar Shipping 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.
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.
