(Balkrishna) Balkrishna complete technical analysis [charts+indicators] | Buy/Sell Balkrishna | (Balkrishna) share price targets
Complete technical analysis of Balkrishna (Balkrishna) by charts plus indicators, forecast predictions and share price targets for Balkrishna (Balkrishna)
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Balkrishna is 6969
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 28.30 | 29.45 | 29.45 | 27.71 | 3.014 times |
03 Fri May 2024 | 29.16 | 29.16 | 29.16 | 29.00 | 6.244 times |
02 Thu May 2024 | 27.78 | 27.78 | 27.78 | 27.78 | 0.332 times |
30 Tue Apr 2024 | 26.46 | 26.46 | 26.46 | 26.46 | 0.029 times |
29 Mon Apr 2024 | 25.20 | 23.52 | 25.20 | 23.52 | 0.364 times |
26 Fri Apr 2024 | 24.00 | 24.00 | 24.00 | 24.00 | 0.029 times |
24 Wed Apr 2024 | 23.70 | 23.77 | 23.77 | 23.70 | 0.38 times |
22 Mon Apr 2024 | 23.31 | 23.31 | 23.31 | 23.31 | 0.215 times |
19 Fri Apr 2024 | 22.86 | 23.76 | 23.76 | 22.86 | 0.677 times |
18 Thu Apr 2024 | 23.30 | 23.77 | 24.24 | 23.30 | 0.688 times |
Stock of Balkrishna (Balkrishna) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 28.8, for a target of 26.8 or 25.08
Share price targets for Balkrishna (Balkrishna)
Target Type | Value |
Downside Target | 22.86 |
Downside Target | 24.74 |
Downside Target | 26.20 |
Downside Target | 27.71 |
Upside Target | 29.16 |
Upside Target | 29.45 |
Upside Target | 35.51 |
Upside Target | 36.10 |
Upside Target | 39.58 |
Upside Target | 48.35 |
Upside Target | 56.01 |
Intraday share price targets for Balkrishna (Balkrishna)
Target Type | Value |
Downside Intraday Target | 27.52 |
Downside Intraday Target | 26.75 |
Upside Intraday Target | 29.26 |
Upside Intraday Target | 30.23 |
Upside Intraday Target | 28.49 |
Weekly technical analysis of Balkrishna (Balkrishna)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 28.30 | 29.45 | 29.45 | 27.71 | 0.432 times |
03 Fri May 2024 | 29.16 | 23.52 | 29.16 | 23.52 | 11.162 times |
26 Fri Apr 2024 | 24.00 | 23.31 | 24.00 | 23.31 | 0.225 times |
19 Fri Apr 2024 | 22.86 | 24.25 | 24.25 | 22.86 | 1.83 times |
12 Fri Apr 2024 | 24.74 | 25.31 | 26.20 | 24.74 | 0.411 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Balkrishna (Balkrishna)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 28.30 | 27.78 | 29.45 | 27.71 | 1.065 times |
30 Tue Apr 2024 | 26.46 | 23.70 | 26.46 | 22.86 | 0.755 times |
28 Thu Mar 2024 | 23.77 | 35.60 | 39.58 | 23.77 | 0.607 times |
29 Thu Feb 2024 | 36.50 | 48.30 | 48.35 | 36.10 | 0.155 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Balkrishna (Balkrishna)
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Balkrishna stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Balkrishna in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Balkrishna Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Balkrishna in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Balkrishna is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.79 and Balkrishna (Balkrishna) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Balkrishna (Balkrishna) stock. Volume based technical analysis of Balkrishna (Balkrishna) stock is negative.
Balkrishna Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Balkrishna stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Balkrishna in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Balkrishna Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Balkrishna in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Balkrishna is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 27.79 and Balkrishna (Balkrishna) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Balkrishna (Balkrishna) stock. Volume based technical analysis of Balkrishna (Balkrishna) stock is negative.
Balkrishna Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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