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(BalajiTele) Balaji Tele complete technical analysis [charts+indicators] | Buy/Sell Balaji Tele | (BalajiTele) share price targets

Complete technical analysis of Balaji Tele (BalajiTele) by charts plus indicators, forecast predictions and share price targets for Balaji Tele (BalajiTele)

Showing technical analysis as on 2023-03-10 View latest technical analysis

10 day averaged volume of Balaji Tele is 7569

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	42.51	42.65	43.16	41.40	3.676 times
09 Thu Mar 2023	43.24	43.90	44.19	43.00	2.456 times
08 Wed Mar 2023	42.99	43.25	43.35	42.39	0.684 times
06 Mon Mar 2023	43.25	43.00	44.99	43.00	1.456 times
03 Fri Mar 2023	43.72	43.25	44.66	43.25	1.159 times
02 Thu Mar 2023	43.29	44.11	44.11	43.09	0.553 times
01 Wed Mar 2023	44.09	42.90	44.65	42.60	0.751 times
28 Tue Feb 2023	42.30	42.60	43.35	42.15	0.553 times
27 Mon Feb 2023	42.55	43.00	43.90	42.20	0.716 times
24 Fri Feb 2023	43.05	43.90	44.10	43.00	0.452 times

Stock of Balaji Tele (BalajiTele) has showed a significant fall. This could be a good time to exit from this stock.

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 42.5 as stoploss in an intra day buy trade for a target of 44.17. However, stock will show a bearish move below 42.5.

Share price targets for Balaji Tele (BalajiTele)

Target Type	Value
Downside Target	39.20
Downside Target	40.50
Downside Target	41.40
Upside Target	44.66
Upside Target	44.99
Upside Target	46.00
Upside Target	46.60
Upside Target	49.50
Upside Target	50.00
Upside Target	50.90
Upside Target	53.00

Intraday share price targets for Balaji Tele (BalajiTele)

Target Type	Value
Downside Intraday Target	40.94
Downside Intraday Target	39.38
Upside Intraday Target	44.53
Upside Intraday Target	46.56
Upside Intraday Target	42.97

Weekly technical analysis of Balaji Tele (BalajiTele)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	42.51	43.00	44.99	41.40	2.217 times
03 Fri Mar 2023	43.72	43.00	44.66	42.15	0.866 times
24 Fri Feb 2023	43.05	46.10	46.60	43.00	0.229 times
17 Fri Feb 2023	46.75	50.00	50.00	41.50	1.148 times
10 Fri Feb 2023	47.70	42.50	49.50	39.20	3.089 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 Balaji Tele (BalajiTele)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri Mar 2023	42.51	42.90	44.99	41.40	0.239 times
28 Tue Feb 2023	42.30	42.25	50.00	39.20	2.312 times
31 Tue Jan 2023	41.90	45.55	46.00	40.50	0.357 times
30 Fri Dec 2022	45.35	46.70	50.90	42.35	2.169 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 Balaji Tele (BalajiTele)

Price action analysis of Balaji Tele ( (BalajiTele) ) 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 Balaji Tele ( (BalajiTele) ) 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 Balaji Tele ( (BalajiTele) ) based on a short to mid 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 Balaji Tele ( (BalajiTele) ) based on a mid to longer 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.

ADX buy sell signal for Balaji Tele stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Balaji Tele in short term and the sell signal is strong.

Balaji Tele Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Balaji Tele in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Balaji Tele is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.02 and Balaji Tele (BalajiTele) 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 Balaji Tele (BalajiTele) stock. Volume based technical analysis of Balaji Tele (BalajiTele) stock is negative.

Balaji Tele 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.