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

Shaily Engineering Plastics Limited

Company LogoSymbol: SHAILY
Price: ₹635.65
Exchange: NSE
Basic Materials -> Specialty Chemicals
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SHAILY Recent Performance

Over the past 26 trading days, the value of SHAILY's stock has increased by ₹3.20 (+0.51%). On 25 Apr 2024, one share was worth ₹632.45 and by 31 May 2024, the value jumped to ₹635.65. During this period it created a highest high of ₹692.09 and lowest low of ₹586.00.

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

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SHAILY Recent Daily Close Chart

Chart: SHAILY Share Price Target - Tomorrow

SHAILY Targets For Tomorrow Chart

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

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Table: SHAILY Share Price Target - Tomorrow

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

SHAILY's LevelsValueReason/Importance
Tomorrow Target 3657.00 (+3.35%)Price Action: Dec 2016 High
Tomorrow Target 2649.95 (+2.24%)Price Action: Jan 2020 High
Tomorrow Target 1643.40 (+1.21%)Price Action: 29 May 2024 High
Current Price635.65SHAILY's 1 share price as of Fri 31 May 2024
Stop Loss 1633.50 (-0.34%)Price Action: May 2016 High
Stop Loss 2630.00 (-0.89%)Price Action: 06 May 2024 High
Stop Loss 3625.00 (-1.68%)Price Action: Dec 2019 Low

Summary: SHAILY Share Price Prediction For Tomorrow

Fri 31 May 2024: SHAILY finished the day at ₹635.65, gaining ₹16.25 (+2.62%) in 1 day.

In summary, our analysis of SHAILY for tomorrow predicts a rise of 1.21% to 3.35% with three potential targets T1: ₹643.40, T2: ₹649.95, T3: ₹657.00 and Stop-Loss (SL) at SL1: ₹633.50, SL2: ₹630.00, SL3: ₹625.00.

Additionally, we've identified a support level at ₹612.20 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹645.15, 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 SHAILY.

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Chart: SHAILY Share Price Target - Next Week

SHAILY Targets For Next Week Chart

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

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Table: SHAILY Share Price Target - Next Week

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

SHAILY's LevelsValueReason/Importance
Next Week Target 3670.84 (+5.53%)Price Action: 14 May 2024 High
Next Week Target 2664.00 (+4.46%)Price Action: Oct 2017 High
Next Week Target 1654.92 (+3.03%)Custom Fibonacci Extension Lvl 23.6%
Current Price635.65SHAILY's 1 share price as of Fri 31 May 2024
Stop Loss 1630.00 (-0.89%)Price Action: 06 May 2024 High
Stop Loss 2621.95 (-2.16%)Price Action: 25 Apr 2024 Low
Stop Loss 3615.54 (-3.17%)Price Action: 29 May 2024 Low

Summary: SHAILY Share Price Prediction For Next Week

As of Fri 31 May 2024, SHAILY share price stands at ₹635.65, losing ₹-34.30 (-5.12%) in this week.

In summary, our analysis of SHAILY for next week predicts a rise of 3.03% to 5.53% with three potential targets T1: ₹654.92, T2: ₹664.00, T3: ₹670.84 and Stop-Loss (SL) at SL1: ₹630.00, SL2: ₹621.95, SL3: ₹615.54.

Additionally, we've identified a support level at ₹610.34 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹692.00, 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 SHAILY.

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Chart: SHAILY Share Price Target - Next Month

SHAILY Targets For Next Month Chart

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

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Table: SHAILY Share Price Target - Next Month

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

SHAILY's LevelsValueReason/Importance
Next Month Target 3670.84 (+5.53%)Price Action: 14 May 2024 High
Next Month Target 2664.00 (+4.46%)Price Action: Oct 2017 High
Next Month Target 1657.00 (+3.35%)Price Action: Dec 2016 High
Current Price635.65SHAILY's 1 share price as of Fri 31 May 2024
Stop Loss 1630.00 (-0.89%)Price Action: 06 May 2024 High
Stop Loss 2621.95 (-2.16%)Price Action: 25 Apr 2024 Low
Stop Loss 3615.54 (-3.17%)Price Action: 29 May 2024 Low

Summary: SHAILY Share Price Prediction For Next Month

As of Fri 31 May 2024, SHAILY share price stands at ₹635.65, gaining ₹0.90 (+0.14%) in this month.

In summary, our analysis of SHAILY for next month predicts a rise of 3.35% to 5.53% with three potential targets T1: ₹657.00, T2: ₹664.00, T3: ₹670.84 and Stop-Loss (SL) at SL1: ₹630.00, SL2: ₹621.95, SL3: ₹615.54.

Additionally, we've identified a support level at 612.20 — think of this as a safety net where the price might stop falling and there's also a resistance level at 692.09, 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 SHAILY, we created a specific page for that check here: SHAILY Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on SHAILY 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 Shaily Engineering Plastics 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