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Promax Power Share Price Target - Tomorrow, Next Week & Next Month
Promax Power Limited | |||
 | Symbol: PROMAX | ||
| Price: ₹41 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 1: Promax Power Recent Performance
- 2: Chart: Promax Power Share Price Target - Tomorrow
- 3: Table: Promax Power Share Price Target - Tomorrow
- 4: Summary: Promax Power Share Price Prediction For Tomorrow
- 5: Chart: Promax Power Share Price Target - Next Week
- 6: Table: Promax Power Share Price Target - Next Week
- 7: Summary: Promax Power Share Price Prediction For Next Week
- 8: Chart: Promax Power Share Price Target - Next Month
- 9: Table: Promax Power Share Price Target - Next Month
- 10: Summary: Promax Power Share Price Prediction For Next Month
Promax Power Recent Performance
Over the past 21 trading days, the value of Promax Power's stock has decreased by ₹7.11 (-14.78%). On 17 Oct 2024, one share was worth ₹48.11 and by 21 Nov 2024, the value dropped to ₹41.00. During this period it created a highest high of ₹49.90 and lowest low of ₹39.57.
Below Image represents line chart of daily close price of Promax Power, helping you visualize how the price has changed day by day.
Chart: Promax Power Share Price Target - Tomorrow
The line chart displays the Promax Power daily closing prices for the past 21 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 Promax Power shares for Thu 21 Nov 2024, see the table below.
Table: Promax Power Share Price Target - Tomorrow
By analyzing Promax Power stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!
| Promax Power's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 42.48 (+3.6%) | Price Action: 28 Oct 2024 High |
| Tomorrow Target 2 | 42.00 (+2.43%) | Price Action: Oct 2024 Low |
| Tomorrow Target 1 | 41.49 (+1.19%) | Price Action: 19 Nov 2024 High |
| Current Price | 41.00 | Promax Power's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 40.72 (-0.69%) | Price Action: 28 Oct 2024 Low |
| Stop Loss 2 | 40.50 (-1.22%) | Price Action: Chart |
| Stop Loss 3 | 40.24 (-1.86%) | Price Action: Chart |
Summary: Promax Power Share Price Prediction For Tomorrow
Thu 21 Nov 2024: Promax Power finished the day at ₹41.00, gaining ₹0.00 (+0.00%) in 1 day.
In summary, our analysis of Promax Power for tomorrow predicts a rise of 1.19% to 3.6% with three potential targets T1: ₹41.49, T2: ₹42.00, T3: ₹42.48 and Stop-Loss (SL) at SL1: ₹40.72, SL2: ₹40.50, SL3: ₹40.24.
Additionally, we've identified a support level at ₹41.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹41.00, 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 21 trading days, the stock has dropped -14.78%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 49.90 and 39.57.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Promax Power.
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Chart: Promax Power Share Price Target - Next Week
The chart displays the Promax Power 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 Promax Power shares for next week, see the table below.
Table: Promax Power Share Price Target - Next Week
By analyzing Promax Power stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Promax Power's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 43.20 (+5.36%) | Price Action: 14 Nov 2024 High |
| Next Week Target 2 | 42.74 (+4.24%) | Price Action: 06 Nov 2024 Low |
| Next Week Target 1 | 42.26 (+3.07%) | Price Action: Oct 2023 Low |
| Current Price | 41.00 | Promax Power's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 40.61 (-0.96%) | Price Action: Chart |
| Stop Loss 2 | 39.65 (-3.3%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 38.94 (-5.03%) | Price Action: Chart |
Summary: Promax Power Share Price Prediction For Next Week
As of Thu 21 Nov 2024, Promax Power share price stands at ₹41.00, losing ₹-2.20 (-5.09%) in this week.
In summary, our analysis of Promax Power for next week predicts a rise of 3.07% to 5.36% with three potential targets T1: ₹42.26, T2: ₹42.74, T3: ₹43.20 and Stop-Loss (SL) at SL1: ₹40.61, SL2: ₹39.65, SL3: ₹38.94.
Additionally, we've identified a support level at ₹39.57 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹42.89, 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 Promax Power.
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Chart: Promax Power Share Price Target - Next Month
The chart displays the Promax Power 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 Promax Power shares for next month, see the table below.
Table: Promax Power Share Price Target - Next Month
By analyzing Promax Power stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Promax Power's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 43.90 (+7.07%) | Price Action: 06 Nov 2024 High |
| Next Month Target 2 | 43.44 (+5.95%) | Custom Fibonacci Extension Lvl 23.6% |
| Next Month Target 1 | 43.00 (+4.87%) | Price Action: 30 Oct 2024 Low |
| Current Price | 41.00 | Promax Power's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 40.45 (-1.35%) | Price Action: Chart |
| Stop Loss 2 | 39.71 (-3.15%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 39.00 (-4.88%) | Price Action: Chart |
Summary: Promax Power Share Price Prediction For Next Month
As of Thu 21 Nov 2024, Promax Power share price stands at ₹41.00, losing ₹-1.00 (-2.38%) in this month.
In summary, our analysis of Promax Power for next month predicts a rise of 4.87% to 7.07% with three potential targets T1: ₹43.00, T2: ₹43.44, T3: ₹43.90 and Stop-Loss (SL) at SL1: ₹40.45, SL2: ₹39.71, SL3: ₹39.00.
Additionally, we've identified a support level at 41.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 49.90, 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 Promax Power, we created a specific page for that check here: Promax Power Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Promax Power 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.
