Menon Bearings Share Price Target For Tomorrow, Next Week & Next Month
Menon Bearings Limited | |||
 | Price: ₹124.52 | ||
| 52 Week Low: ₹108.10 52 Week High: ₹158.00 | |||
| Market Capital: 671.35 Crore (Smallcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Menon Bearings Recent Performance
Over the past 34 trading days, the value of Menon Bearings's stock has gained ₹5.33 (+4.47%). On 23 Oct 2024, one share was worth ₹119.19 and by 20 Dec 2024, the value jumped to ₹124.52. During this period it created a highest high of ₹131.49 and lowest low of ₹112.00.
Menon Bearings Share Price Target - Tomorrow
| Level | Value | Analysis |
|---|---|---|
| Tomorrow Target 3 | 130.25 (+4.60%) | Price Action: 20 Dec 2024 High |
| Tomorrow Target 2 | 128.9 (+3.51%) | Price Action: 11 Dec 2024 High |
| Tomorrow Target 1 | 127.46 (+2.36%) | Technical Indicator: MA150 |
| Current Price | 124.52 | Menon Bearings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 121.74 (-2.24%) | Fibonacci Retracement Level 50.00% |
| Stop Loss 2 | 120.39 (-3.32%) | Price Action: 30 Oct 2024 High |
| Stop Loss 3 | 119 (-4.44%) | Price Action: 23 Oct 2024 Low |
Summary
20 Dec 2024: Menon Bearings finished the day at ₹124.52, losing ₹-4.14 (-3.22%) in 1 day.
Our analysis for tomorrow predicts a potential movement of -4.43% to 4.60% with:
- Target prices: ₹127.46 to ₹130.25
- Support levels: ₹121.74 to ₹119
- Recent high: ₹130.25
- Recent low: ₹123.51
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Menon Bearings Share Price Target - Next Week
| Level | Value | Analysis |
|---|---|---|
| Next Week Target 3 | 129.41 (+3.92%) | Price Action: 08 Nov 2024 High |
| Next Week Target 2 | 128 (+2.79%) | Price Action: 04 Dec 2024 High |
| Next Week Target 1 | 126.38 (+1.49%) | Price Action: Nov 2023 Low |
| Current Price | 124.52 | Menon Bearings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 123.92 (-0.49%) | Price Action: 17 Dec 2024 Low |
| Stop Loss 2 | 122.59 (-1.55%) | Price Action: 26 Nov 2024 High |
| Stop Loss 3 | 121.13 (-2.73%) | Price Action: 23 Oct 2024 High |
Weekly Target Summary
For next week, our analysis suggests a potential movement range of -2.72% to 3.93% with:
- Upper targets: ₹126.38 to ₹129.41
- Support levels: ₹123.92 to ₹121.13
Menon Bearings Share Price Target - Next Month
| Level | Value | Analysis |
|---|---|---|
| Next Month Target 3 | 131.45 (+5.56%) | Price Action: May 2024 High |
| Next Month Target 2 | 130.07 (+4.45%) | Price Action: Jan 2024 Low |
| Next Month Target 1 | 128.68 (+3.34%) | Technical Indicator: MA250 |
| Current Price | 124.52 | Menon Bearings's share price as of 20 Dec 2024 |
| Stop Loss 1 | 123.51 (-0.82%) | Price Action: 20 Dec 2024 Low |
| Stop Loss 2 | 122 (-2.03%) | Price Action: 28 Oct 2024 High |
| Stop Loss 3 | 120.39 (-3.32%) | Price Action: 30 Oct 2024 High |
Monthly Target Summary
Looking ahead to next month, technical analysis indicates:
- Potential price movement: -3.32% to 5.57% with:
- Target range: ₹128.68 to ₹131.45
- Support levels: ₹123.51 to ₹120.39
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
