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

Shahlon Silk Industries Limite

Company LogoSymbol: SHAHLON
Price: ₹20.96
Exchange: BSE
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SHAHLON Recent Performance

Over the past 18 trading days, the value of SHAHLON's stock has decreased by ₹1.31 (-5.88%). On 17 Oct 2024, one share was worth ₹22.27 and by 21 Nov 2024, the value dropped to ₹20.96. During this period it created a highest high of ₹24.50 and lowest low of ₹20.50.

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

SHAHLON Recent Daily Close Chart

Chart: SHAHLON Share Price Target - Tomorrow

SHAHLON Targets For Tomorrow Chart

The line chart displays the SHAHLON 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 SHAHLON shares for Thu 21 Nov 2024, see the table below.

Table: SHAHLON Share Price Target - Tomorrow

By analyzing SHAHLON stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!

SHAHLON's LevelsValueReason/Importance
Tomorrow Target 321.70 (+3.53%)Price Action: May 2024 High
Tomorrow Target 221.34 (+1.81%)Price Action: 28 Oct 2024 Low
Tomorrow Target 121.10 (+0.66%)Price Action: 13 Nov 2024 Low
Current Price20.96SHAHLON's 1 share price as of Thu 21 Nov 2024
Stop Loss 120.80 (-0.77%)Price Action: Dec 2021 High
Stop Loss 220.70 (-1.25%)Fibonacci Retracement Level 78.6%
Stop Loss 320.51 (-2.15%)Price Action: 23 Oct 2024 Low

Summary: SHAHLON Share Price Prediction For Tomorrow

Thu 21 Nov 2024: SHAHLON finished the day at ₹20.96, gaining ₹0.08 (+0.38%) in 1 day.

In summary, our analysis of SHAHLON for tomorrow predicts a rise of 0.66% to 3.53% with three potential targets T1: ₹21.10, T2: ₹21.34, T3: ₹21.70 and Stop-Loss (SL) at SL1: ₹20.80, SL2: ₹20.70, SL3: ₹20.51.

Additionally, we've identified a support level at ₹20.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹21.31, 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 18 trading days, the stock has dropped -5.88%, indicating it could be a good option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 24.50 and 20.50.

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

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Chart: SHAHLON Share Price Target - Next Week

SHAHLON Targets For Next Week Chart

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

Table: SHAHLON Share Price Target - Next Week

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

SHAHLON's LevelsValueReason/Importance
Next Week Target 322.15 (+5.67%)Price Action: Mar 2024 Low
Next Week Target 221.93 (+4.62%)Price Action: 05 Nov 2024 High
Next Week Target 121.58 (+2.95%)Custom Fibonacci Extension Lvl 23.6%
Current Price20.96SHAHLON's 1 share price as of Thu 21 Nov 2024
Stop Loss 120.62 (-1.63%)Price Action: Aug 2024 Low
Stop Loss 220.25 (-3.39%)Price Action: Oct 2023 High
Stop Loss 319.66 (-6.21%)Fibonacci Retracement Extended 28.2%

Summary: SHAHLON Share Price Prediction For Next Week

As of Thu 21 Nov 2024, SHAHLON share price stands at ₹20.96, losing ₹-0.54 (-2.51%) in this week.

In summary, our analysis of SHAHLON for next week predicts a rise of 2.95% to 5.67% with three potential targets T1: ₹21.58, T2: ₹21.93, T3: ₹22.15 and Stop-Loss (SL) at SL1: ₹20.62, SL2: ₹20.25, SL3: ₹19.66.

Additionally, we've identified a support level at ₹20.32 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹21.95, 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 SHAHLON.

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Chart: SHAHLON Share Price Target - Next Month

SHAHLON Targets For Next Month Chart

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

Table: SHAHLON Share Price Target - Next Month

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

SHAHLON's LevelsValueReason/Importance
Next Month Target 322.15 (+5.67%)Price Action: Mar 2024 Low
Next Month Target 221.93 (+4.62%)Price Action: 05 Nov 2024 High
Next Month Target 121.70 (+3.53%)Price Action: May 2024 High
Current Price20.96SHAHLON's 1 share price as of Thu 21 Nov 2024
Stop Loss 120.62 (-1.63%)Price Action: Aug 2024 Low
Stop Loss 220.25 (-3.39%)Price Action: Oct 2023 High
Stop Loss 319.89 (-5.11%)Price Action: Chart

Summary: SHAHLON Share Price Prediction For Next Month

As of Thu 21 Nov 2024, SHAHLON share price stands at ₹20.96, losing ₹-1.94 (-8.47%) in this month.

In summary, our analysis of SHAHLON for next month predicts a rise of 3.53% to 5.67% with three potential targets T1: ₹21.70, T2: ₹21.93, T3: ₹22.15 and Stop-Loss (SL) at SL1: ₹20.62, SL2: ₹20.25, SL3: ₹19.89.

Additionally, we've identified a support level at 20.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at 24.50, 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 SHAHLON, we created a specific page for that check here: SHAHLON Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on SHAHLON 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 Shahlon Silk Industries Limite, 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