Home / Short Term Target / Shaliwir
Shalimar Wires Industries Share Price Target - Tomorrow, Next Week & Next Month
Shalimar Wires Industries Limited | |||
 | Symbol: SHALIWIR | ||
| Price: ₹23.33 | |||
| Exchange: BSE | |||
| -> | |||
Show Table of Contents
Table of Contents
- 1: Shalimar Wires Industries Recent Performance
- 2: Chart: Shalimar Wires Industries Share Price Target - Tomorrow
- 3: Table: Shalimar Wires Industries Share Price Target - Tomorrow
- 4: Summary: Shalimar Wires Industries Share Price Prediction For Tomorrow
- 5: Chart: Shalimar Wires Industries Share Price Target - Next Week
- 6: Table: Shalimar Wires Industries Share Price Target - Next Week
- 7: Summary: Shalimar Wires Industries Share Price Prediction For Next Week
- 8: Chart: Shalimar Wires Industries Share Price Target - Next Month
- 9: Table: Shalimar Wires Industries Share Price Target - Next Month
- 10: Summary: Shalimar Wires Industries Share Price Prediction For Next Month
Shalimar Wires Industries Recent Performance
Over the past 18 trading days, the value of Shalimar Wires Industries's stock has decreased by ₹1.95 (-7.71%). On 17 Oct 2024, one share was worth ₹25.28 and by 21 Nov 2024, the value dropped to ₹23.33. During this period it created a highest high of ₹27.68 and lowest low of ₹22.32.
Below Image represents line chart of daily close price of Shalimar Wires Industries, helping you visualize how the price has changed day by day.
Chart: Shalimar Wires Industries Share Price Target - Tomorrow
The line chart displays the Shalimar Wires Industries 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 Shalimar Wires Industries shares for Thu 21 Nov 2024, see the table below.
Table: Shalimar Wires Industries Share Price Target - Tomorrow
By analyzing Shalimar Wires Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!
| Shalimar Wires Industries's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 25.40 (+8.87%) | Price Action: 01 Nov 2024 Low |
| Tomorrow Target 2 | 25.07 (+7.45%) | Price Action: 21 Oct 2024 Low |
| Tomorrow Target 1 | 24.78 (+6.21%) | Price Action: 22 Oct 2024 Low |
| Current Price | 23.33 | Shalimar Wires Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 24.40 (+4.58%) | Price Action: Jul 2018 High |
| Stop Loss 2 | 24.30 (+4.15%) | Price Action: Aug 2024 Low |
| Stop Loss 3 | 24.09 (+3.25%) | Price Action: 23 Oct 2024 Low |
Summary: Shalimar Wires Industries Share Price Prediction For Tomorrow
Thu 21 Nov 2024: Shalimar Wires Industries finished the day at ₹23.33, losing ₹-1.17 (-4.78%) in 1 day.
In summary, our analysis of Shalimar Wires Industries for tomorrow predicts a rise of 6.21% to 8.87% with three potential targets T1: ₹24.78, T2: ₹25.07, T3: ₹25.40 and Stop-Loss (SL) at SL1: ₹24.40, SL2: ₹24.30, SL3: ₹24.09.
Additionally, we've identified a support level at ₹23.30 — 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. 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 -7.71%, 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 27.68 and 22.32.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Shalimar Wires Industries.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Shalimar Wires Industries Share Price Target - Next Week
The chart displays the Shalimar Wires Industries 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 Shalimar Wires Industries shares for next week, see the table below.
Table: Shalimar Wires Industries Share Price Target - Next Week
By analyzing Shalimar Wires Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Shalimar Wires Industries's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 26.15 (+12.08%) | Price Action: 24 Oct 2024 High |
| Next Week Target 2 | 25.85 (+10.8%) | Price Action: Nov 2010 Low |
| Next Week Target 1 | 25.45 (+9.08%) | Price Action: Mar 2024 High |
| Current Price | 23.33 | Shalimar Wires Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 24.09 (+3.25%) | Price Action: 23 Oct 2024 Low |
| Stop Loss 2 | 23.80 (+2.01%) | Price Action: Feb 2018 High |
| Stop Loss 3 | 23.56 (+0.98%) | Fibonacci Retracement Level 98.6% |
Summary: Shalimar Wires Industries Share Price Prediction For Next Week
As of Thu 21 Nov 2024, Shalimar Wires Industries share price stands at ₹23.33, losing ₹-0.68 (-2.83%) in this week.
In summary, our analysis of Shalimar Wires Industries for next week predicts a rise of 9.08% to 12.08% with three potential targets T1: ₹25.45, T2: ₹25.85, T3: ₹26.15 and Stop-Loss (SL) at SL1: ₹24.09, SL2: ₹23.80, SL3: ₹23.56.
Additionally, we've identified a support level at ₹23.05 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹24.85, 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 Shalimar Wires Industries.
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Chart: Shalimar Wires Industries Share Price Target - Next Month
The chart displays the Shalimar Wires Industries 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 Shalimar Wires Industries shares for next month, see the table below.
Table: Shalimar Wires Industries Share Price Target - Next Month
By analyzing Shalimar Wires Industries stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Shalimar Wires Industries's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 26.49 (+13.54%) | Price Action: 18 Oct 2024 High |
| Next Month Target 2 | 25.99 (+11.4%) | Price Action: 11 Nov 2024 High |
| Next Month Target 1 | 25.70 (+10.15%) | Price Action: Oct 2024 High |
| Current Price | 23.33 | Shalimar Wires Industries's 1 share price as of Thu 21 Nov 2024 |
| Stop Loss 1 | 24.23 (+3.85%) | Price Action: Sep 2023 High |
| Stop Loss 2 | 23.85 (+2.22%) | Price Action: Jan 2008 High |
| Stop Loss 3 | 23.50 (+0.72%) | Price Action: Nov 2024 Low |
Summary: Shalimar Wires Industries Share Price Prediction For Next Month
As of Thu 21 Nov 2024, Shalimar Wires Industries share price stands at ₹23.33, losing ₹-2.07 (-8.15%) in this month.
In summary, our analysis of Shalimar Wires Industries for next month predicts a rise of 10.15% to 13.54% with three potential targets T1: ₹25.70, T2: ₹25.99, T3: ₹26.49 and Stop-Loss (SL) at SL1: ₹24.23, SL2: ₹23.85, SL3: ₹23.50.
Additionally, we've identified a support level at 23.30 — think of this as a safety net where the price might stop falling and there's also a resistance level at 27.68, 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 Shalimar Wires Industries, we created a specific page for that check here: Shalimar Wires Industries Share Price target for 2024 and 2025
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
As we wrap up, we hope you like our study on Shalimar Wires Industries 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.
