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

SHREE MANUFACTURING CO.LTD.

Company LogoSymbol: SHRMFGC
Price: ₹11.02
Exchange: BSE
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SHRMFGC Recent Performance

Over the past 8 trading days, the value of SHRMFGC's stock has decreased by ₹3.79 (-25.59%). On 14 Aug 2024, one share was worth ₹14.81 and by 06 Sep 2024, the value dropped to ₹11.02. During this period it created a highest high of ₹15.11 and lowest low of ₹11.02.

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

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SHRMFGC Recent Daily Close Chart

Chart: SHRMFGC Share Price Target - Tomorrow

SHRMFGC Targets For Tomorrow Chart

The line chart displays the SHRMFGC daily closing prices for the past 8 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 SHRMFGC shares for Fri 06 Sep 2024, see the table below.

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Table: SHRMFGC Share Price Target - Tomorrow

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

SHRMFGC's LevelsValueReason/Importance
Tomorrow Target 311.58 (+5.08%)Technical Indicator: MA150
Tomorrow Target 211.40 (+3.44%)Price Action: May 2022 Low
Tomorrow Target 111.18 (+1.45%)Technical Indicator: MA200
Current Price11.02SHRMFGC's 1 share price as of Fri 06 Sep 2024
Stop Loss 110.98 (-0.37%)Price Action: Chart
Stop Loss 210.90 (-1.09%)Price Action: Feb 2023 Low
Stop Loss 310.83 (-1.73%)Price Action: Jun 2022 High

Summary: SHRMFGC Share Price Prediction For Tomorrow

Fri 06 Sep 2024: SHRMFGC finished the day at ₹11.02, losing ₹-0.57 (-4.92%) in 1 day.

In summary, our analysis of SHRMFGC for tomorrow predicts a rise of 1.45% to 5.08% with three potential targets T1: ₹11.18, T2: ₹11.40, T3: ₹11.58 and Stop-Loss (SL) at SL1: ₹10.98, SL2: ₹10.90, SL3: ₹10.83.

Additionally, we've identified a support level at ₹11.02 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹11.59, 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 8 trading days, the stock has dropped -25.59%, 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 15.11 and 11.02.

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

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Chart: SHRMFGC Share Price Target - Next Week

SHRMFGC Targets For Next Week Chart

The chart displays the SHRMFGC weekly closing prices for the past 10 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 SHRMFGC shares for next week, see the table below.

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Table: SHRMFGC Share Price Target - Next Week

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

SHRMFGC's LevelsValueReason/Importance
Next Week Target 312.18 (+10.52%)Price Action: Nov 2023 High
Next Week Target 212.00 (+8.89%)Price Action: May 2022 High
Next Week Target 111.84 (+7.44%)Custom Fibonacci Extension Lvl 23.6%
Current Price11.02SHRMFGC's 1 share price as of Fri 06 Sep 2024
Stop Loss 110.72 (-2.73%)Price Action: Dec 2022 High
Stop Loss 210.54 (-4.36%)Price Action: Nov 2022 High
Stop Loss 310.41 (-5.54%)Price Action: Apr 2023 Low

Summary: SHRMFGC Share Price Prediction For Next Week

As of Fri 06 Sep 2024, SHRMFGC share price stands at ₹11.02, losing ₹-2.48 (-18.37%) in this week.

In summary, our analysis of SHRMFGC for next week predicts a rise of 7.44% to 10.52% with three potential targets T1: ₹11.84, T2: ₹12.00, T3: ₹12.18 and Stop-Loss (SL) at SL1: ₹10.72, SL2: ₹10.54, SL3: ₹10.41.

Additionally, we've identified a support level at ₹11.02 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹13.00, 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 SHRMFGC.

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Chart: SHRMFGC Share Price Target - Next Month

SHRMFGC Targets For Next Month Chart

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

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Table: SHRMFGC Share Price Target - Next Month

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

SHRMFGC's LevelsValueReason/Importance
Next Month Target 312.41 (+12.61%)Price Action: Chart
Next Month Target 212.18 (+10.52%)Price Action: Nov 2023 High
Next Month Target 111.90 (+7.98%)Price Action: Feb 2023 High
Current Price11.02SHRMFGC's 1 share price as of Fri 06 Sep 2024
Stop Loss 110.80 (-2%)Price Action: May 2023 Low
Stop Loss 210.68 (-3.09%)Technical Indicator: MA200
Stop Loss 310.54 (-4.36%)Price Action: Nov 2022 High

Summary: SHRMFGC Share Price Prediction For Next Month

As of Fri 06 Sep 2024, SHRMFGC share price stands at ₹11.02, losing ₹-2.48 (-18.37%) in this month.

In summary, our analysis of SHRMFGC for next month predicts a rise of 7.98% to 12.61% with three potential targets T1: ₹11.90, T2: ₹12.18, T3: ₹12.41 and Stop-Loss (SL) at SL1: ₹10.80, SL2: ₹10.68, SL3: ₹10.54.

Additionally, we've identified a support level at 11.02 — think of this as a safety net where the price might stop falling and there's also a resistance level at 15.11, 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 SHRMFGC, we created a specific page for that check here: SHRMFGC Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on SHRMFGC 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 SHREE MANUFACTURING CO.LTD., 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