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Sonam Share Price Target - Tomorrow, Next Week & Next Month
Sonam Limited | |||
Symbol: SONAMLTD | |||
Price: ₹81.86 | |||
Exchange: NSE | |||
Consumer Cyclical -> Furnishings, Fixtures & Appliances |
Show Table of Contents
Table of Contents
- 1: Sonam Recent Performance
- 2: Chart: Sonam Share Price Target - Tomorrow
- 3: Table: Sonam Share Price Target - Tomorrow
- 4: Summary: Sonam Share Price Prediction For Tomorrow
- 5: Chart: Sonam Share Price Target - Next Week
- 6: Table: Sonam Share Price Target - Next Week
- 7: Summary: Sonam Share Price Prediction For Next Week
- 8: Chart: Sonam Share Price Target - Next Month
- 9: Table: Sonam Share Price Target - Next Month
- 10: Summary: Sonam Share Price Prediction For Next Month
Sonam Recent Performance
Over the past 22 trading days, the value of Sonam's stock has increased by ₹0.75 (+0.92%). On 17 Oct 2024, one share was worth ₹81.11 and by 21 Nov 2024, the value jumped to ₹81.86. During this period it created a highest high of ₹96.70 and lowest low of ₹77.89.
Below Image represents line chart of daily close price of Sonam, helping you visualize how the price has changed day by day.
Chart: Sonam Share Price Target - Tomorrow
The line chart displays the Sonam daily closing prices for the past 22 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 Sonam shares for Thu 21 Nov 2024, see the table below.
Table: Sonam Share Price Target - Tomorrow
By analyzing Sonam stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 22 Nov, 2024!
Sonam's Levels | Value | Reason/Importance |
---|---|---|
Tomorrow Target 3 | 85.25 (+4.14%) | Price Action: 18 Nov 2024 High |
Tomorrow Target 2 | 83.83 (+2.4%) | Price Action: 29 Oct 2024 High |
Tomorrow Target 1 | 82.77 (+1.11%) | Price Action: 16 Oct 2024 Low |
Current Price | 81.86 | Sonam's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 81.34 (-0.64%) | Price Action: 22 Oct 2024 High |
Stop Loss 2 | 81.11 (-0.92%) | Price Action: 17 Oct 2024 High |
Stop Loss 3 | 80.58 (-1.57%) | Price Action: 25 Oct 2024 High |
Summary: Sonam Share Price Prediction For Tomorrow
Thu 21 Nov 2024: Sonam finished the day at ₹81.86, losing ₹-1.68 (-2.01%) in 1 day.
In summary, our analysis of Sonam for tomorrow predicts a rise of 1.11% to 4.14% with three potential targets T1: ₹82.77, T2: ₹83.83, T3: ₹85.25 and Stop-Loss (SL) at SL1: ₹81.34, SL2: ₹81.11, SL3: ₹80.58.
Additionally, we've identified a support level at ₹81.86 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹81.86, 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 Sonam.
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Chart: Sonam Share Price Target - Next Week
The chart displays the Sonam 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 Sonam shares for next week, see the table below.
Table: Sonam Share Price Target - Next Week
By analyzing Sonam stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
Sonam's Levels | Value | Reason/Importance |
---|---|---|
Next Week Target 3 | 87.21 (+6.53%) | Price Action: Oct 2024 High |
Next Week Target 2 | 86.30 (+5.42%) | Price Action: Nov 2023 High |
Next Week Target 1 | 85.25 (+4.14%) | Price Action: 18 Nov 2024 High |
Current Price | 81.86 | Sonam's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 80.58 (-1.57%) | Price Action: 25 Oct 2024 High |
Stop Loss 2 | 79.75 (-2.58%) | Price Action: 21 Oct 2024 High |
Stop Loss 3 | 78.11 (-4.59%) | Price Action: 24 Oct 2024 Low |
Summary: Sonam Share Price Prediction For Next Week
As of Thu 21 Nov 2024, Sonam share price stands at ₹81.86, losing ₹-5.13 (-5.90%) in this week.
In summary, our analysis of Sonam for next week predicts a rise of 4.14% to 6.53% with three potential targets T1: ₹85.25, T2: ₹86.30, T3: ₹87.21 and Stop-Loss (SL) at SL1: ₹80.58, SL2: ₹79.75, SL3: ₹78.11.
Additionally, we've identified a support level at ₹81.86 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹85.25, 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 Sonam.
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Chart: Sonam Share Price Target - Next Month
The chart displays the Sonam 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 Sonam shares for next month, see the table below.
Table: Sonam Share Price Target - Next Month
By analyzing Sonam stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
Sonam's Levels | Value | Reason/Importance |
---|---|---|
Next Month Target 3 | 88.95 (+8.66%) | Price Action: 01 Nov 2024 High |
Next Month Target 2 | 86.40 (+5.54%) | Price Action: Mar 2024 High |
Next Month Target 1 | 85.50 (+4.44%) | Price Action: 30 Oct 2024 High |
Current Price | 81.86 | Sonam's 1 share price as of Thu 21 Nov 2024 |
Stop Loss 1 | 80.58 (-1.57%) | Price Action: 25 Oct 2024 High |
Stop Loss 2 | 79.75 (-2.58%) | Price Action: 21 Oct 2024 High |
Stop Loss 3 | 78.15 (-4.54%) | Fibonacci Retracement Level 98.6% |
Summary: Sonam Share Price Prediction For Next Month
As of Thu 21 Nov 2024, Sonam share price stands at ₹81.86, losing ₹-5.35 (-6.13%) in this month.
In summary, our analysis of Sonam for next month predicts a rise of 4.44% to 8.66% with three potential targets T1: ₹85.50, T2: ₹86.40, T3: ₹88.95 and Stop-Loss (SL) at SL1: ₹80.58, SL2: ₹79.75, SL3: ₹78.15.
Additionally, we've identified a support level at 81.86 — think of this as a safety net where the price might stop falling and there's also a resistance level at 96.70, 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 Sonam, we created a specific page for that check here: Sonam Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Sonam 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.