Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Balkrishna is 2112

Date Daily Closing Price Open High Low Volume
21 Tue Mar 2023 30.15 32.38 32.38 29.82 5.423 times
20 Mon Mar 2023 31.35 31.00 32.39 30.40 0.163 times
17 Fri Mar 2023 31.85 33.49 33.49 31.05 0.545 times
16 Thu Mar 2023 31.90 30.60 32.35 30.55 0.813 times
15 Wed Mar 2023 31.69 31.36 31.74 31.06 0.011 times
14 Tue Mar 2023 30.81 31.11 31.84 30.26 0.42 times
13 Mon Mar 2023 30.86 30.20 32.78 30.20 4.033 times
10 Fri Mar 2023 31.23 31.89 32.63 31.11 0.471 times
09 Thu Mar 2023 31.08 31.99 31.99 31.00 1.979 times
08 Wed Mar 2023 31.60 31.86 32.90 31.30 0.38 times

Stock of Balkrishna (Balkrishna) 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 30.9, but if it comes above 30.9, then a intra day buy could be more profitable.
If you take a sell trade below 30.9, then use 30.9 as stoploss and 29.4 as target. However if you take a buy trade in stock , then use 30.9 as stoploss and 32.06 as target.

Share price targets for Balkrishna (Balkrishna)

Target Type Value
Downside Target 25.05
Downside Target 29.50
Upside Target 31.55
Upside Target 32.39
Upside Target 33.49
Upside Target 33.60
Upside Target 34.80
Upside Target 35.60
Upside Target 36.65
Upside Target 38.90
Upside Target 41.70
Upside Target 50.75

Intraday share price targets for Balkrishna (Balkrishna)

Target Type Value
Downside Intraday Target 29.18
Downside Intraday Target 28.22
Upside Intraday Target 31.75
Upside Intraday Target 33.36
Upside Intraday Target 30.79

Weekly technical analysis of Balkrishna (Balkrishna)

Date Weekly Closing Price Open High Low Volume
21 Tue Mar 2023 30.15 31.00 32.39 29.82 0.959 times
17 Fri Mar 2023 31.85 30.20 33.49 30.20 1.45 times
10 Fri Mar 2023 31.23 31.55 32.90 30.41 1.29 times
03 Fri Mar 2023 31.95 33.15 34.80 30.80 1.619 times
24 Fri Feb 2023 34.10 33.65 35.60 31.55 0.801 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
21 Tue Mar 2023 30.15 32.70 33.49 29.82 1.472 times
28 Tue Feb 2023 31.75 37.05 38.90 31.55 0.26 times
31 Tue Jan 2023 37.05 41.70 41.70 33.60 0.123 times
30 Fri Dec 2022 40.40 30.80 50.75 25.05 11.391 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 Balkrishna (Balkrishna)

Indicator Name Indicator Value Indicator Signal
ADX 17, 18, 3 Sell
MACD -2, -2Buy
Stochastics 31None
CCI -148Sell
RSI 55Buy
OBV -24543Sell
VWAP 31Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Balkrishna in short term but the buy signal is initial and weak.

Balkrishna 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 Balkrishna in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 30.75 and Balkrishna (Balkrishna) 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 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.

Click here for Balkrishna charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme