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

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

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

Balaji Telefilms trades in NSE in Broadcasting & Cable TV sector.

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 1877597

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	137.70	136.00	140.00	136.00	0.204 times
22 Thu Feb 2024	138.70	132.00	140.90	127.95	0.649 times
21 Wed Feb 2024	133.30	139.40	140.00	132.65	0.431 times
20 Tue Feb 2024	136.85	130.40	138.00	130.40	0.858 times
19 Mon Feb 2024	129.45	132.95	134.80	129.00	0.763 times
16 Fri Feb 2024	123.65	129.45	131.45	121.95	0.63 times
15 Thu Feb 2024	128.30	125.10	132.00	123.35	0.702 times
14 Wed Feb 2024	123.50	116.50	126.90	115.00	0.631 times
13 Tue Feb 2024	121.20	118.80	122.80	111.35	1.127 times
12 Mon Feb 2024	123.70	128.00	129.40	116.85	1.625 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 133.9, but if it comes below 133.9, then a intra day sell could be more profitable.
If you take a sell trade below 133.9, then use 133.9 as stoploss and 114.97 as target. However if you take a buy trade in stock , then use 133.9 as stoploss and 156.6 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	61.15
Downside Target	64.90
Downside Target	69.00
Downside Target	74.65
Downside Target	77.25
Downside Target	80.10
Downside Target	86.00
Downside Target	88.30
Downside Target	90.65
Downside Target	96.50
Downside Target	100.80
Downside Target	111.35
Downside Target	127.95
Downside Target	132.00
Upside Target	140.90

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	130.13
Downside Intraday Target	122.57
Upside Intraday Target	143.08
Upside Intraday Target	148.47
Downside Intraday Target	135.52

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	137.70	132.95	140.90	127.95	0.616 times
16 Fri Feb 2024	123.65	128.00	132.00	111.35	0.424 times
09 Fri Feb 2024	129.80	92.40	132.00	88.30	4.738 times
02 Fri Feb 2024	92.55	87.50	96.50	86.00	1.74 times
25 Thu Jan 2024	87.05	89.40	90.65	81.20	0.551 times

Price has moved up 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 Balaji Telefilms (BALAJITELE)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	137.70	88.45	140.90	88.30	1.1 times
31 Wed Jan 2024	88.45	74.65	100.80	74.65	1.549 times
29 Fri Dec 2023	74.40	70.30	86.35	69.00	1.755 times
30 Thu Nov 2023	69.55	65.35	77.25	64.90	0.66 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 Telefilms (BALAJITELE)

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short 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.

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short to mid 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.

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) 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 Balaji Telefilms stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Balaji Telefilms in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balaji Telefilms Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Balaji Telefilms in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Balaji Telefilms is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 127.99 and Balaji Telefilms (BALAJITELE) 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 Balaji Telefilms (BALAJITELE) stock. Volume based technical analysis of Balaji Telefilms (BALAJITELE) stock is negative.

Balaji Telefilms Stock is giving positive 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.