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MITCON Share Price Target - Tomorrow, Next Week & Next Month

MITCON Consultancy & Engineering Services Limited

Company LogoSymbol: MITCON
Price: ₹132.13
Exchange: NSE
Industrials -> Engineering & Construction
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MITCON Recent Performance

Over the past 26 trading days, the value of MITCON's stock has increased by ₹8.04 (+6.48%). On 25 Apr 2024, one share was worth ₹124.1 and by 31 May 2024, the value jumped to ₹132.14. During this period it created a highest high of ₹147.89 and lowest low of ₹115.00.

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

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MITCON Recent Daily Close Chart

Chart: MITCON Share Price Target - Tomorrow

MITCON Targets For Tomorrow Chart

The line chart displays the MITCON 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 MITCON shares for Fri 31 May 2024, see the table below.

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Table: MITCON Share Price Target - Tomorrow

By analyzing MITCON stock with yesterday and past crucial price points and technical indicators we derived following targets for: Mon, 03 Jun, 2024!

MITCON's LevelsValueReason/Importance
Tomorrow Target 3136.48 (+3.28%)Fibonacci Extension Level 138.2%
Tomorrow Target 2135.00 (+2.16%)Price Action: 03 May 2024 High
Tomorrow Target 1133.64 (+1.13%)Price Action: 24 May 2024 Low
Current Price132.14MITCON's 1 share price as of Fri 31 May 2024
Stop Loss 1131.79 (-0.27%)Fibonacci Retracement Level 61.8%
Stop Loss 2131.00 (-0.87%)Price Action: 10 May 2024 High
Stop Loss 3130.14 (-1.52%)Price Action: 17 May 2024 Low

Summary: MITCON Share Price Prediction For Tomorrow

Fri 31 May 2024: MITCON finished the day at ₹132.14, losing ₹-0.25 (-0.19%) in 1 day.

In summary, our analysis of MITCON for tomorrow predicts a rise of 1.13% to 3.28% with three potential targets T1: ₹133.64, T2: ₹135.00, T3: ₹136.48 and Stop-Loss (SL) at SL1: ₹131.79, SL2: ₹131.00, SL3: ₹130.14.

Additionally, we've identified a support level at ₹130.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹134.69, 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 6.48%, indicating it could be a good option for trading or short-term investment. During this period, its price fluctuated between 147.89 and 115.00.

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

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Chart: MITCON Share Price Target - Next Week

MITCON Targets For Next Week Chart

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

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Table: MITCON Share Price Target - Next Week

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

MITCON's LevelsValueReason/Importance
Next Week Target 3139.05 (+5.22%)Price Action: May 2024 High
Next Week Target 2136.94 (+3.63%)Price Action: 02 May 2024 High
Next Week Target 1135.44 (+2.49%)Custom Fibonacci Extension Lvl 23.6%
Current Price132.14MITCON's 1 share price as of Fri 31 May 2024
Stop Loss 1131.00 (-0.87%)Price Action: 10 May 2024 High
Stop Loss 2129.64 (-1.9%)Price Action: 18 May 2024 Low
Stop Loss 3128.05 (-3.1%)Price Action: 02 May 2024 Low

Summary: MITCON Share Price Prediction For Next Week

As of Fri 31 May 2024, MITCON share price stands at ₹132.14, losing ₹-3.05 (-2.26%) in this week.

In summary, our analysis of MITCON for next week predicts a rise of 2.49% to 5.22% with three potential targets T1: ₹135.44, T2: ₹136.94, T3: ₹139.05 and Stop-Loss (SL) at SL1: ₹131.00, SL2: ₹129.64, SL3: ₹128.05.

Additionally, we've identified a support level at ₹126.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹138.14, 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 MITCON.

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Chart: MITCON Share Price Target - Next Month

MITCON Targets For Next Month Chart

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

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Table: MITCON Share Price Target - Next Month

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

MITCON's LevelsValueReason/Importance
Next Month Target 3145.10 (+9.8%)Price Action: Chart
Next Month Target 2142.39 (+7.75%)Price Action: 23 May 2024 High
Next Month Target 1139.05 (+5.22%)Price Action: May 2024 High
Current Price132.14MITCON's 1 share price as of Fri 31 May 2024
Stop Loss 1130.39 (-1.33%)Price Action: 16 May 2024 Low
Stop Loss 2128.05 (-3.1%)Price Action: 02 May 2024 Low
Stop Loss 3126.00 (-4.65%)Price Action: 28 May 2024 Low

Summary: MITCON Share Price Prediction For Next Month

As of Fri 31 May 2024, MITCON share price stands at ₹132.14, losing ₹-3.46 (-2.55%) in this month.

In summary, our analysis of MITCON for next month predicts a rise of 5.22% to 9.8% with three potential targets T1: ₹139.05, T2: ₹142.39, T3: ₹145.10 and Stop-Loss (SL) at SL1: ₹130.39, SL2: ₹128.05, SL3: ₹126.00.

Additionally, we've identified a support level at 130.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 147.89, 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 MITCON, we created a specific page for that check here: MITCON Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on MITCON 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 MITCON Consultancy & Engineering Services Limited, 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