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

Shankara Building Products Limited

Company LogoSymbol: SHANKARA
Price: ₹574.79
Exchange: NSE
Consumer Cyclical -> Home Improvement Retail
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SHANKARA Recent Performance

Over the past 19 trading days, the value of SHANKARA's stock has decreased by ₹89.80 (-13.51%). On 02 Aug 2024, one share was worth ₹664.59 and by 06 Sep 2024, the value dropped to ₹574.79. During this period it created a highest high of ₹677.00 and lowest low of ₹572.50.

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

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SHANKARA Recent Daily Close Chart

Chart: SHANKARA Share Price Target - Tomorrow

SHANKARA Targets For Tomorrow Chart

The line chart displays the SHANKARA daily closing prices for the past 19 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 SHANKARA shares for Fri 06 Sep 2024, see the table below.

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Table: SHANKARA Share Price Target - Tomorrow

By analyzing SHANKARA stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 09 Sep, 2024!

SHANKARA's LevelsValueReason/Importance
Tomorrow Target 3594.00 (+3.34%)Price Action: 26 Aug 2024 Low
Tomorrow Target 2586.29 (+2%)Price Action: 14 Aug 2024 Low
Tomorrow Target 1579.80 (+0.87%)Price Action: Feb 2020 High
Current Price574.79SHANKARA's 1 share price as of Fri 06 Sep 2024
Stop Loss 1568.30 (-1.13%)Price Action: May 2019 High
Stop Loss 2564.00 (-1.88%)Price Action: Jan 2022 High
Stop Loss 3558.50 (-2.84%)Price Action: Apr 2019 High

Summary: SHANKARA Share Price Prediction For Tomorrow

Fri 06 Sep 2024: SHANKARA finished the day at ₹574.79, losing ₹-12.96 (-2.21%) in 1 day.

In summary, our analysis of SHANKARA for tomorrow predicts a rise of 0.87% to 3.34% with three potential targets T1: ₹579.80, T2: ₹586.29, T3: ₹594.00 and Stop-Loss (SL) at SL1: ₹568.30, SL2: ₹564.00, SL3: ₹558.50.

Additionally, we've identified a support level at ₹572.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹594.34, 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 19 trading days, the stock has dropped -13.51%, 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 677.00 and 572.50.

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

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Chart: SHANKARA Share Price Target - Next Week

SHANKARA Targets For Next Week Chart

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

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Table: SHANKARA Share Price Target - Next Week

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

SHANKARA's LevelsValueReason/Importance
Next Week Target 3595.00 (+3.51%)Price Action: Aug 2024 Low
Next Week Target 2588.90 (+2.45%)Price Action: 13 Aug 2024 Low
Next Week Target 1582.46 (+1.33%)Custom Fibonacci Extension Lvl 23.6%
Current Price574.79SHANKARA's 1 share price as of Fri 06 Sep 2024
Stop Loss 1570.80 (-0.7%)Price Action: Chart
Stop Loss 2564.00 (-1.88%)Price Action: Jan 2022 High
Stop Loss 3558.05 (-2.92%)Price Action: Jan 2019 High

Summary: SHANKARA Share Price Prediction For Next Week

As of Fri 06 Sep 2024, SHANKARA share price stands at ₹574.79, losing ₹-23.80 (-3.98%) in this week.

In summary, our analysis of SHANKARA for next week predicts a rise of 1.33% to 3.51% with three potential targets T1: ₹582.46, T2: ₹588.90, T3: ₹595.00 and Stop-Loss (SL) at SL1: ₹570.80, SL2: ₹564.00, SL3: ₹558.05.

Additionally, we've identified a support level at ₹572.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹610.29, 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 SHANKARA.

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Chart: SHANKARA Share Price Target - Next Month

SHANKARA Targets For Next Month Chart

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

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Table: SHANKARA Share Price Target - Next Month

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

SHANKARA's LevelsValueReason/Importance
Next Month Target 3610.29 (+6.17%)Price Action: 05 Sep 2024 High
Next Month Target 2603.05 (+4.91%)Price Action: Mar 2023 Low
Next Month Target 1594.00 (+3.34%)Price Action: 26 Aug 2024 Low
Current Price574.79SHANKARA's 1 share price as of Fri 06 Sep 2024
Stop Loss 1564.00 (-1.88%)Price Action: Jan 2022 High
Stop Loss 2558.05 (-2.92%)Price Action: Jan 2019 High
Stop Loss 3545.00 (-5.19%)Price Action: Dec 2021 High

Summary: SHANKARA Share Price Prediction For Next Month

As of Fri 06 Sep 2024, SHANKARA share price stands at ₹574.79, losing ₹-23.80 (-3.98%) in this month.

In summary, our analysis of SHANKARA for next month predicts a rise of 3.34% to 6.17% with three potential targets T1: ₹594.00, T2: ₹603.05, T3: ₹610.29 and Stop-Loss (SL) at SL1: ₹564.00, SL2: ₹558.05, SL3: ₹545.00.

Additionally, we've identified a support level at 572.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at 677.00, 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 SHANKARA, we created a specific page for that check here: SHANKARA Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on SHANKARA 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 Shankara Building Products 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