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Home / Short Term Target / Mgel
MGEL Share Price Target - Tomorrow, Next Week & Next Month
Mangalam Global Enterprise Limited | |||
![]() | Symbol: MGEL | ||
Price: ₹21.08 | |||
Exchange: NSE | |||
Consumer Defensive -> Farm Products |
Show Table of Contents
Table of Contents
- 1: MGEL Recent Performance
- 2: Chart: MGEL Share Price Target - Tomorrow
- 3: Table: MGEL Share Price Target - Tomorrow
- 4: Summary: MGEL Share Price Prediction For Tomorrow
- 5: Chart: MGEL Share Price Target - Next Week
- 6: Table: MGEL Share Price Target - Next Week
- 7: Summary: MGEL Share Price Prediction For Next Week
- 8: Chart: MGEL Share Price Target - Next Month
- 9: Table: MGEL Share Price Target - Next Month
- 10: Summary: MGEL Share Price Prediction For Next Month
MGEL Recent Performance
Over the past 26 trading days, the value of MGEL's stock has increased by ₹0.78 (+3.84%). On 09 May 2024, one share was worth ₹20.30 and by 13 Jun 2024, the value jumped to ₹21.08. During this period it created a highest high of ₹24.00 and lowest low of ₹18.50.
Below Image represents line chart of daily close price of MGEL, helping you visualize how the price has changed day by day.
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![MGEL Recent Daily Close Chart](/wp-content/uploads/nip_uploads/charts/mgel_shortterm_20240613.webp)
Chart: MGEL Share Price Target - Tomorrow
![MGEL Targets For Tomorrow Chart](/wp-content/uploads/nip_uploads/charts/mgel_tomorrow_20240613.webp)
The line chart displays the MGEL 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 MGEL shares for Thu 13 Jun 2024, see the table below.
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Table: MGEL Share Price Target - Tomorrow
By analyzing MGEL stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 14 Jun, 2024!
MGEL's Levels | Value | Reason/Importance |
---|---|---|
Tomorrow Target 3 | 21.80 (+3.41%) | Price Action: 22 May 2024 Low |
Tomorrow Target 2 | 21.55 (+2.22%) | Price Action: 14 May 2024 Low |
Tomorrow Target 1 | 21.30 (+1.04%) | Price Action: 06 Jun 2024 High |
Current Price | 21.08 | MGEL's 1 share price as of Thu 13 Jun 2024 |
Stop Loss 1 | 21.00 (-0.38%) | Price Action: 07 Jun 2024 Low |
Stop Loss 2 | 20.90 (-0.86%) | Price Action: 24 May 2024 Low |
Stop Loss 3 | 20.77 (-1.48%) | Price Action: Chart |
Summary: MGEL Share Price Prediction For Tomorrow
Thu 13 Jun 2024: MGEL finished the day at ₹21.08, gaining ₹0.19 (+0.91%) in 1 day.
In summary, our analysis of MGEL for tomorrow predicts a rise of 1.04% to 3.41% with three potential targets T1: ₹21.30, T2: ₹21.55, T3: ₹21.80 and Stop-Loss (SL) at SL1: ₹21.00, SL2: ₹20.90, SL3: ₹20.77.
Additionally, we've identified a support level at ₹20.85 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹21.45, 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 MGEL.
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Chart: MGEL Share Price Target - Next Week
![MGEL Targets For Next Week Chart](/wp-content/uploads/nip_uploads/charts/mgel_nextweek_20240614.webp)
The chart displays the MGEL weekly closing prices for the past 8 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 MGEL shares for next week, see the table below.
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Table: MGEL Share Price Target - Next Week
By analyzing MGEL stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
MGEL's Levels | Value | Reason/Importance |
---|---|---|
Next Week Target 3 | 22.15 (+5.07%) | Price Action: 10 May 2024 High |
Next Week Target 2 | 21.85 (+3.65%) | Price Action: 27 May 2024 High |
Next Week Target 1 | 21.59 (+2.41%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 21.08 | MGEL's 1 share price as of Thu 13 Jun 2024 |
Stop Loss 1 | 20.90 (-0.86%) | Price Action: 24 May 2024 Low |
Stop Loss 2 | 20.60 (-2.28%) | Price Action: 13 May 2024 Low |
Stop Loss 3 | 20.39 (-3.28%) | Price Action: May 2024 Low |
Summary: MGEL Share Price Prediction For Next Week
As of Thu 13 Jun 2024, MGEL share price stands at ₹21.08, losing ₹-0.57 (-2.63%) in this week.
In summary, our analysis of MGEL for next week predicts a rise of 2.41% to 5.07% with three potential targets T1: ₹21.59, T2: ₹21.85, T3: ₹22.15 and Stop-Loss (SL) at SL1: ₹20.90, SL2: ₹20.60, SL3: ₹20.39.
Additionally, we've identified a support level at ₹20.60 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹22.45, 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 MGEL.
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Chart: MGEL Share Price Target - Next Month
![MGEL Targets For Next Month Chart](/wp-content/uploads/nip_uploads/charts/mgel_nextmonth_20240614.webp)
The chart displays the MGEL 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 MGEL shares for next month, see the table below.
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Table: MGEL Share Price Target - Next Month
By analyzing MGEL stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
MGEL's Levels | Value | Reason/Importance |
---|---|---|
Next Month Target 3 | 22.65 (+7.44%) | Price Action: 24 May 2024 High |
Next Month Target 2 | 22.38 (+6.16%) | Custom Fibonacci Extension Lvl 23.6% |
Next Month Target 1 | 22.15 (+5.07%) | Price Action: 10 May 2024 High |
Current Price | 21.08 | MGEL's 1 share price as of Thu 13 Jun 2024 |
Stop Loss 1 | 20.80 (-1.33%) | Price Action: 12 Jun 2024 Low |
Stop Loss 2 | 20.50 (-2.76%) | Price Action: May 2023 Low |
Stop Loss 3 | 20.14 (-4.46%) | Price Action: 09 May 2024 Low |
Summary: MGEL Share Price Prediction For Next Month
As of Thu 13 Jun 2024, MGEL share price stands at ₹21.08, gaining ₹0.48 (+2.33%) in this month.
In summary, our analysis of MGEL for next month predicts a rise of 5.07% to 7.44% with three potential targets T1: ₹22.15, T2: ₹22.38, T3: ₹22.65 and Stop-Loss (SL) at SL1: ₹20.80, SL2: ₹20.50, SL3: ₹20.14.
Additionally, we've identified a support level at 20.85 — think of this as a safety net where the price might stop falling and there's also a resistance level at 24.00, 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 MGEL, we created a specific page for that check here: MGEL Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on MGEL 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.