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Shah Foods Share Price Target - Tomorrow, Next Week & Next Month

Shah Foods Limited

Company LogoSymbol: SHAHFOOD
Price: ₹245
Exchange: BSE
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Shah Foods Recent Performance

Over the past 18 trading days, the value of Shah Foods's stock has decreased by ₹10.00 (-3.92%). On 25 Apr 2024, one share was worth ₹255.00 and by 29 May 2024, the value dropped to ₹245.00. During this period it created a highest high of ₹267.75 and lowest low of ₹238.05.

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

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Shah Foods Recent Daily Close Chart

Chart: Shah Foods Share Price Target - Tomorrow

Shah Foods Targets For Tomorrow Chart

The line chart displays the Shah Foods daily closing prices for the past 18 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 Shah Foods shares for Wed 29 May 2024, see the table below.

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Table: Shah Foods Share Price Target - Tomorrow

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

Shah Foods's LevelsValueReason/Importance
Tomorrow Target 3255.00 (+4.08%)Price Action: May 2024 High
Tomorrow Target 2252.00 (+2.85%)Price Action: 22 May 2024 Low
Tomorrow Target 1249.47 (+1.82%)Technical Indicator: MA50
Current Price245.00Shah Foods's 1 share price as of Wed 29 May 2024
Stop Loss 1244.14 (-0.36%)Price Action: Chart
Stop Loss 2242.80 (-0.9%)Price Action: Chart
Stop Loss 3240.42 (-1.87%)Technical Indicator: MA100

Summary: Shah Foods Share Price Prediction For Tomorrow

Wed 29 May 2024: Shah Foods finished the day at ₹245.00, gaining ₹0.00 (+0.00%) in 1 day.

In summary, our analysis of Shah Foods for tomorrow predicts a rise of 1.82% to 4.08% with three potential targets T1: ₹249.47, T2: ₹252.00, T3: ₹255.00 and Stop-Loss (SL) at SL1: ₹244.14, SL2: ₹242.80, SL3: ₹240.42.

Additionally, we've identified a support level at ₹245.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹245.00, 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.

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

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Chart: Shah Foods Share Price Target - Next Week

Shah Foods Targets For Next Week Chart

The chart displays the Shah Foods weekly closing prices for the past 6 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 Shah Foods shares for next week, see the table below.

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Table: Shah Foods Share Price Target - Next Week

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

Shah Foods's LevelsValueReason/Importance
Next Week Target 3257.98 (+5.29%)Custom Fibonacci Extension Lvl 50%
Next Week Target 2255.00 (+4.08%)Price Action: May 2024 High
Next Week Target 1251.12 (+2.49%)Custom Fibonacci Extension Lvl 23.6%
Current Price245.00Shah Foods's 1 share price as of Wed 29 May 2024
Stop Loss 1243.12 (-0.77%)Price Action: Chart
Stop Loss 2240.42 (-1.87%)Technical Indicator: MA50
Stop Loss 3236.09 (-3.64%)Price Action: Chart

Summary: Shah Foods Share Price Prediction For Next Week

As of Wed 29 May 2024, Shah Foods share price stands at ₹245.00, losing ₹-5.00 (-2.00%) in this week.

In summary, our analysis of Shah Foods for next week predicts a rise of 2.49% to 5.29% with three potential targets T1: ₹251.12, T2: ₹255.00, T3: ₹257.98 and Stop-Loss (SL) at SL1: ₹243.12, SL2: ₹240.42, SL3: ₹236.09.

Additionally, we've identified a support level at ₹238.05 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹245.00, 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 Shah Foods.

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Chart: Shah Foods Share Price Target - Next Month

Shah Foods Targets For Next Month Chart

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

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Table: Shah Foods Share Price Target - Next Month

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

Shah Foods's LevelsValueReason/Importance
Next Month Target 3259.85 (+6.06%)Custom Fibonacci Extension Lvl 50%
Next Month Target 2255.00 (+4.08%)Price Action: May 2024 High
Next Month Target 1252.00 (+2.85%)Price Action: 22 May 2024 Low
Current Price245.00Shah Foods's 1 share price as of Wed 29 May 2024
Stop Loss 1243.41 (-0.65%)Price Action: Chart
Stop Loss 2240.42 (-1.87%)Technical Indicator: MA50
Stop Loss 3236.09 (-3.64%)Price Action: Chart

Summary: Shah Foods Share Price Prediction For Next Month

As of Wed 29 May 2024, Shah Foods share price stands at ₹245.00, losing ₹-10.00 (-3.92%) in this month.

In summary, our analysis of Shah Foods for next month predicts a rise of 2.85% to 6.06% with three potential targets T1: ₹252.00, T2: ₹255.00, T3: ₹259.85 and Stop-Loss (SL) at SL1: ₹243.41, SL2: ₹240.42, SL3: ₹236.09.

Additionally, we've identified a support level at 245.00 — think of this as a safety net where the price might stop falling and there's also a resistance level at 267.75, 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 Shah Foods, we created a specific page for that check here: Shah Foods Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on Shah Foods 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 Shah Foods 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