(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 2022-05-19 View latest technical analysis
10 day averaged volume of Balarpur Ind is 2070699
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||1.57||1.66||1.66||1.55||0.552 times|
|18 Wed May 2022||1.63||1.60||1.63||1.60||0.483 times|
|17 Tue May 2022||1.56||1.48||1.59||1.45||1.236 times|
|16 Mon May 2022||1.52||1.52||1.63||1.52||1.344 times|
|13 Fri May 2022||1.60||1.60||1.68||1.60||1.067 times|
|12 Thu May 2022||1.68||1.68||1.68||1.68||0.137 times|
|11 Wed May 2022||1.76||1.76||1.76||1.76||0.407 times|
|10 Tue May 2022||1.85||1.85||1.93||1.85||0.589 times|
|09 Mon May 2022||1.94||1.94||1.94||1.94||0.405 times|
|06 Fri May 2022||2.04||2.14||2.14||2.04||1.404 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)
Intraday share price targets for Balarpur Ind (BalarpurInd)
|Downside Intraday Target||1.46|
|Downside Intraday Target||1.35|
|Upside Intraday Target||1.67|
|Upside Intraday Target||1.77|
|Downside Intraday Target||1.56|
Weekly technical analysis of Balarpur Ind (BalarpurInd)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Thu May 2022||1.57||1.52||1.66||1.45||1.388 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|
|19 Thu May 2022||1.57||1.90||2.14||1.45||0.424 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||42, 42, 0||Sell|
Price action analysis of Balarpur Ind ( (BalarpurInd) ) 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 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 weakening, and bulls 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 Balarpur Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Balarpur Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.71 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.