(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 2024-05-17 View latest technical analysis
10 day averaged volume of Balkrishna is 57515
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.75 | 22.86 | 23.30 | 22.50 | 0.512 times |
16 Thu May 2024 | 22.73 | 23.30 | 23.60 | 22.20 | 0.776 times |
15 Wed May 2024 | 22.95 | 23.89 | 23.89 | 22.40 | 1.008 times |
14 Tue May 2024 | 22.82 | 21.89 | 22.90 | 21.37 | 1.371 times |
13 Mon May 2024 | 21.67 | 23.01 | 25.00 | 21.10 | 4.185 times |
10 Fri May 2024 | 23.07 | 23.07 | 23.07 | 23.07 | 0.983 times |
09 Thu May 2024 | 24.28 | 24.28 | 24.28 | 24.28 | 0.056 times |
08 Wed May 2024 | 25.55 | 25.55 | 25.55 | 25.55 | 0.297 times |
07 Tue May 2024 | 26.89 | 26.91 | 26.91 | 26.89 | 0.202 times |
06 Mon May 2024 | 28.30 | 29.45 | 29.45 | 27.71 | 0.365 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22.4 as stoploss in an intra day buy trade for a target of 24.53. However, stock will show a bearish move below 22.4.
Share price targets for Balkrishna (Balkrishna)
Target Type | Value |
Downside Target | 21.10 |
Upside Target | 22.86 |
Upside Target | 25.00 |
Upside Target | 26.46 |
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 | 20.9 |
Downside Intraday Target | 19.05 |
Upside Intraday Target | 24.8 |
Upside Intraday Target | 26.85 |
Upside Intraday Target | 22.95 |
Weekly technical analysis of Balkrishna (Balkrishna)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.75 | 23.01 | 25.00 | 21.10 | 4.124 times |
10 Fri May 2024 | 23.07 | 29.45 | 29.45 | 23.07 | 2.255 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Balkrishna (Balkrishna)
Date | Monthly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 22.75 | 27.78 | 29.45 | 21.10 | 9.668 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 down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Balkrishna (Balkrishna)
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Balkrishna in short term and the sell signal is strong.
Balkrishna Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Balkrishna in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Balkrishna is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.74 and Balkrishna (Balkrishna) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Balkrishna (Balkrishna) stock. Volume based technical analysis of Balkrishna (Balkrishna) stock is negative.
Balkrishna Stock has given negative 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Balkrishna ( (Balkrishna) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Balkrishna in short term and the sell signal is strong.
Balkrishna Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Balkrishna in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Balkrishna is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.74 and Balkrishna (Balkrishna) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Balkrishna (Balkrishna) stock. Volume based technical analysis of Balkrishna (Balkrishna) stock is negative.
Balkrishna Stock has given negative 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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