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(BalarpurInd) Balarpur Ind complete technical analysis [charts+indicators] | Buy/Sell Balarpur Ind | (BalarpurInd) share price targets

Complete technical analysis of Balarpur Ind (BalarpurInd) by charts plus indicators, forecast predictions and share price targets for Balarpur Ind (BalarpurInd)

Showing technical analysis as on 2022-05-16 View latest technical analysis

10 day averaged volume of Balarpur Ind is 3996194

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 1.52 1.52 1.63 1.52 0.696 times
13 Fri May 2022 1.60 1.60 1.68 1.60 0.553 times
12 Thu May 2022 1.68 1.68 1.68 1.68 0.071 times
11 Wed May 2022 1.76 1.76 1.76 1.76 0.211 times
10 Tue May 2022 1.85 1.85 1.93 1.85 0.305 times
09 Mon May 2022 1.94 1.94 1.94 1.94 0.21 times
06 Fri May 2022 2.04 2.14 2.14 2.04 0.728 times
05 Thu May 2022 2.14 2.14 2.14 2.06 1.517 times
04 Wed May 2022 2.04 1.95 2.04 1.86 1.728 times
02 Mon May 2022 1.95 1.90 1.99 1.81 1.715 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.6, but if it comes above 1.6, then a intra day buy could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.4 as target. However if you take a buy trade in stock , then use 1.6 as stoploss and 1.8 as target.

Share price targets for Balarpur Ind (BalarpurInd)

Target Type Value
Downside Target 0.93
Downside Target 1.11
Downside Target 1.31
Downside Target 1.37
Downside Target 1.52
Upside Target 1.60
Upside Target 1.68
Upside Target 1.81
Upside Target 1.94
Upside Target 2.00
Upside Target 2.14
Upside Target 2.34
Upside Target 2.46
Upside Target 3.02

Intraday share price targets for Balarpur Ind (BalarpurInd)

Target Type Value
Downside Intraday Target 1.48
Downside Intraday Target 1.45
Upside Intraday Target 1.59
Upside Intraday Target 1.67
Upside Intraday Target 1.56

Weekly technical analysis of Balarpur Ind (BalarpurInd)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 1.52 1.52 1.63 1.52 0.516 times
13 Fri May 2022 1.60 1.94 1.94 1.60 0.237 times
06 Fri May 2022 2.04 1.90 2.14 1.81 0.569 times
29 Fri Apr 2022 1.90 1.89 2.00 1.68 1.877 times
22 Fri Apr 2022 1.82 1.52 1.82 1.52 2.211 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 Balarpur Ind (BalarpurInd)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 1.52 1.90 2.14 1.52 0.368 times
29 Fri Apr 2022 1.90 1.11 2.00 1.11 0.865 times
31 Thu Mar 2022 1.15 1.31 1.31 0.93 177.614 times
28 Mon Feb 2022 1.37 2.34 2.34 1.37 0.028 times

Scroll below to view daily charts

Price has moved down 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 Balarpur Ind (BalarpurInd)

Indicator Name Indicator Value Indicator Signal
ADX 38, 46, 9 Sell
MACD 0, 0Sell
Stochastics 0Sell
CCI -125Sell
RSI 49Sell
OBV 45233105Sell
VWAP 2Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

Price action analysis of Balarpur Ind ( (BalarpurInd) ) based on a short 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.

Price action analysis of Balarpur Ind ( (BalarpurInd) ) based on a short 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.

Price action analysis of Balarpur Ind ( (BalarpurInd) ) based on a short to mid 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 Balarpur Ind ( (BalarpurInd) ) based on a mid to longer 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.

ADX buy sell signal for Balarpur Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Balarpur Ind in short term but the sell signal is initial and weak.

Balarpur Ind 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Balarpur Ind in short term and SELL signal is strong!

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Balarpur Ind is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.94 and Balarpur Ind (BalarpurInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Balarpur Ind (BalarpurInd) stock. Volume based technical analysis of Balarpur Ind (BalarpurInd) stock is negative.

Balarpur Ind Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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