Magna Electro Castings Share Price Target - Tomorrow, Next Week & Next Month

Show Table of Contents

Table of Contents

• 1: Magna Electro Castings Recent Performance
• 2: Chart: Magna Electro Castings Share Price Target - Tomorrow
• 3: Table: Magna Electro Castings Share Price Target - Tomorrow
• 4: Summary: Magna Electro Castings Share Price Prediction For Tomorrow
• 5: Chart: Magna Electro Castings Share Price Target - Next Week
• 6: Table: Magna Electro Castings Share Price Target - Next Week
• 7: Summary: Magna Electro Castings Share Price Prediction For Next Week
• 8: Chart: Magna Electro Castings Share Price Target - Next Month
• 9: Table: Magna Electro Castings Share Price Target - Next Month
• 10: Summary: Magna Electro Castings Share Price Prediction For Next Month

Magna Electro Castings Recent Performance

Over the past 22 trading days, the value of Magna Electro Castings's stock has increased by ₹85.75 (+9.60%). On 11 Oct 2024, one share was worth ₹893.45 and by 14 Nov 2024, the value jumped to ₹979.20. During this period it created a highest high of ₹1095.69 and lowest low of ₹800.00.

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

Chart: Magna Electro Castings Share Price Target - Tomorrow

The line chart displays the Magna Electro Castings daily closing prices for the past 22 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 Magna Electro Castings shares for Thu 14 Nov 2024, see the table below.

Table: Magna Electro Castings Share Price Target - Tomorrow

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

Summary: Magna Electro Castings Share Price Prediction For Tomorrow

Thu 14 Nov 2024: Magna Electro Castings finished the day at ₹979.20, losing ₹-74.74 (-7.09%) in 1 day.

In summary, our analysis of Magna Electro Castings for tomorrow predicts a rise of 1.25% to 4.77% with three potential targets T1: ₹991.44, T2: ₹1001.35, T3: ₹1026.00 and Stop-Loss (SL) at SL1: ₹975.15, SL2: ₹969.79, SL3: ₹962.00.

Additionally, we've identified a support level at ₹975.15 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1026.00, 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.

Over the last 22 trading days, the stock has jumped 9.60%, indicating it could be a good option for trading or short-term investment. During this period, its price fluctuated between 1095.69 and 800.00.

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

Chart: Magna Electro Castings Share Price Target - Next Week

The chart displays the Magna Electro Castings weekly closing prices for the past 1 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 Magna Electro Castings shares for next week, see the table below.

Table: Magna Electro Castings Share Price Target - Next Week

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

Summary: Magna Electro Castings Share Price Prediction For Next Week

As of Thu 14 Nov 2024, Magna Electro Castings share price stands at .

In summary, our analysis of Magna Electro Castings for next week predicts a rise of 5.12% to 8.6% with three potential targets T1: ₹1029.39, T2: ₹1043.59, T3: ₹1063.42 and Stop-Loss (SL) at SL1: ₹962.00, SL2: ₹945.00, SL3: ₹925.00.

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

Chart: Magna Electro Castings Share Price Target - Next Month

The chart displays the Magna Electro Castings 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 Magna Electro Castings shares for next month, see the table below.

Table: Magna Electro Castings Share Price Target - Next Month

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

Summary: Magna Electro Castings Share Price Prediction For Next Month

As of Thu 14 Nov 2024, Magna Electro Castings share price stands at ₹979.20, gaining ₹71.20 (+7.84%) in this month.

In summary, our analysis of Magna Electro Castings for next month predicts a rise of 6.57% to 9.68% with three potential targets T1: ₹1043.59, T2: ₹1054.03, T3: ₹1074.06 and Stop-Loss (SL) at SL1: ₹962.00, SL2: ₹947.85, SL3: ₹925.00.

Additionally, we've identified a support level at 975.15 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1095.69, 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 Magna Electro Castings, we created a specific page for that check here: Magna Electro Castings Share Price target for 2024 and 2025

As we wrap up, we hope you like our study on Magna Electro Castings 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 Magna Electro Castings Limited, explore these additional resources:-

• Magna Electro Castings Share Price History
• Magna Electro Castings Price Long Term Target
• Magna Electro Castings Dividend History

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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.