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Velan Hotels Share Price Target - Tomorrow, Next Week & Next Month
Velan Hotels Limited | |||
Symbol: VELHO | |||
Price: ₹6.27 | |||
Exchange: BSE | |||
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Show Table of Contents
Table of Contents
- 1: Velan Hotels Recent Performance
- 2: Chart: Velan Hotels Share Price Target - Tomorrow
- 3: Table: Velan Hotels Share Price Target - Tomorrow
- 4: Summary: Velan Hotels Share Price Prediction For Tomorrow
- 5: Chart: Velan Hotels Share Price Target - Next Week
- 6: Table: Velan Hotels Share Price Target - Next Week
- 7: Summary: Velan Hotels Share Price Prediction For Next Week
- 8: Chart: Velan Hotels Share Price Target - Next Month
- 9: Table: Velan Hotels Share Price Target - Next Month
- 10: Summary: Velan Hotels Share Price Prediction For Next Month
Velan Hotels Recent Performance
Over the past 26 trading days, the value of Velan Hotels's stock has decreased by ₹1.41 (-18.36%). On 25 Apr 2024, one share was worth ₹7.68 and by 31 May 2024, the value dropped to ₹6.27. During this period it created a highest high of ₹8.46 and lowest low of ₹5.67.
Below Image represents line chart of daily close price of Velan Hotels, helping you visualize how the price has changed day by day.
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Chart: Velan Hotels Share Price Target - Tomorrow
The line chart displays the Velan Hotels 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 Velan Hotels shares for Fri 31 May 2024, see the table below.
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Table: Velan Hotels Share Price Target - Tomorrow
By analyzing Velan Hotels stock with yesterday and past crucial price points and technical indicators we derived following targets for: Mon, 03 Jun, 2024!
Velan Hotels's Levels | Value | Reason/Importance |
---|---|---|
Tomorrow Target 3 | 6.51 (+3.82%) | Price Action: Jan 2009 Low |
Tomorrow Target 2 | 6.44 (+2.71%) | Price Action: May 2022 Low |
Tomorrow Target 1 | 6.35 (+1.27%) | Price Action: Aug 2016 High |
Current Price | 6.27 | Velan Hotels's 1 share price as of Fri 31 May 2024 |
Stop Loss 1 | 6.24 (-0.48%) | Price Action: May 2016 High |
Stop Loss 2 | 6.22 (-0.8%) | Price Action: 08 May 2024 High |
Stop Loss 3 | 6.17 (-1.6%) | Price Action: 24 May 2024 Low |
Summary: Velan Hotels Share Price Prediction For Tomorrow
Fri 31 May 2024: Velan Hotels finished the day at ₹6.27, losing ₹-0.09 (-1.42%) in 1 day.
In summary, our analysis of Velan Hotels for tomorrow predicts a rise of 1.27% to 3.82% with three potential targets T1: ₹6.35, T2: ₹6.44, T3: ₹6.51 and Stop-Loss (SL) at SL1: ₹6.24, SL2: ₹6.22, SL3: ₹6.17.
Additionally, we've identified a support level at ₹6.20 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹6.49, 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 26 trading days, the stock has dropped -18.36%, 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 8.46 and 5.67.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Velan Hotels.
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Chart: Velan Hotels Share Price Target - Next Week
The chart displays the Velan Hotels weekly closing prices for the past 6 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 Velan Hotels shares for next week, see the table below.
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Table: Velan Hotels Share Price Target - Next Week
By analyzing Velan Hotels stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
Velan Hotels's Levels | Value | Reason/Importance |
---|---|---|
Next Week Target 3 | 6.58 (+4.94%) | Price Action: Dec 2023 High |
Next Week Target 2 | 6.51 (+3.82%) | Price Action: Jan 2009 Low |
Next Week Target 1 | 6.44 (+2.71%) | Custom Fibonacci Extension Lvl 23.6% |
Current Price | 6.27 | Velan Hotels's 1 share price as of Fri 31 May 2024 |
Stop Loss 1 | 6.22 (-0.8%) | Price Action: 08 May 2024 High |
Stop Loss 2 | 6.15 (-1.92%) | Price Action: Oct 2022 Low |
Stop Loss 3 | 6.08 (-3.04%) | Price Action: Dec 2018 High |
Summary: Velan Hotels Share Price Prediction For Next Week
As of Fri 31 May 2024, Velan Hotels share price stands at ₹6.27, losing ₹-0.33 (-5.00%) in this week.
In summary, our analysis of Velan Hotels for next week predicts a rise of 2.71% to 4.94% with three potential targets T1: ₹6.44, T2: ₹6.51, T3: ₹6.58 and Stop-Loss (SL) at SL1: ₹6.22, SL2: ₹6.15, SL3: ₹6.08.
Additionally, we've identified a support level at ₹6.20 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹6.89, 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 Velan Hotels.
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Chart: Velan Hotels Share Price Target - Next Month
The chart displays the Velan Hotels 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 Velan Hotels shares for next month, see the table below.
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Table: Velan Hotels Share Price Target - Next Month
By analyzing Velan Hotels stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
Velan Hotels's Levels | Value | Reason/Importance |
---|---|---|
Next Month Target 3 | 7.00 (+11.64%) | Price Action: Dec 2014 Low |
Next Month Target 2 | 6.92 (+10.36%) | Price Action: 02 May 2024 High |
Next Month Target 1 | 6.83 (+8.93%) | Price Action: Oct 2017 High |
Current Price | 6.27 | Velan Hotels's 1 share price as of Fri 31 May 2024 |
Stop Loss 1 | 6.12 (-2.4%) | Price Action: Jan 2024 Low |
Stop Loss 2 | 6.01 (-4.15%) | Price Action: Dec 2022 Low |
Stop Loss 3 | 5.91 (-5.75%) | Price Action: 15 May 2024 Low |
Summary: Velan Hotels Share Price Prediction For Next Month
As of Fri 31 May 2024, Velan Hotels share price stands at ₹6.27, losing ₹-1.01 (-13.87%) in this month.
In summary, our analysis of Velan Hotels for next month predicts a rise of 8.93% to 11.64% with three potential targets T1: ₹6.83, T2: ₹6.92, T3: ₹7.00 and Stop-Loss (SL) at SL1: ₹6.12, SL2: ₹6.01, SL3: ₹5.91.
Additionally, we've identified a support level at 6.20 — think of this as a safety net where the price might stop falling and there's also a resistance level at 8.46, 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 Velan Hotels, we created a specific page for that check here: Velan Hotels Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Velan Hotels 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.
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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.