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(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 2024-03-02 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 978208

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	111.05	112.00	114.55	111.05	0.15 times
01 Fri Mar 2024	116.90	124.20	128.40	115.20	0.962 times
29 Thu Feb 2024	124.20	131.00	131.00	123.00	0.689 times
28 Wed Feb 2024	131.25	138.40	139.75	123.60	0.953 times
27 Tue Feb 2024	137.30	139.30	139.95	135.75	0.794 times
26 Mon Feb 2024	138.30	138.45	143.70	135.35	1.025 times
23 Fri Feb 2024	137.70	136.00	140.00	136.00	0.392 times
22 Thu Feb 2024	138.70	132.00	140.90	127.95	1.246 times
21 Wed Feb 2024	133.30	139.40	140.00	132.65	0.827 times
20 Tue Feb 2024	136.85	130.40	138.00	130.40	1.648 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.5, but if it comes above 114.5, then a intra day buy could be more profitable.
If you take a sell trade below 114.5, then use 114.5 as stoploss and 101 as target. However if you take a buy trade in stock , then use 114.5 as stoploss and 125.81 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	64.90
Downside Target	69.00
Downside Target	74.65
Downside Target	77.25
Downside Target	86.00
Downside Target	88.30
Downside Target	96.50
Downside Target	100.80
Downside Target	111.05
Upside Target	127.95
Upside Target	132.00
Upside Target	140.90
Upside Target	143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	100.17
Downside Intraday Target	89.28
Upside Intraday Target	132.82
Upside Intraday Target	154.58
Upside Intraday Target	121.93

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	111.05	138.45	143.70	111.05	0.82 times
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

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 Balaji Telefilms (BALAJITELE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	111.05	124.20	128.40	111.05	0.026 times
29 Thu Feb 2024	124.20	88.45	143.70	88.30	1.198 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

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 Balaji Telefilms (BALAJITELE)

Price action analysis of Balaji Telefilms ( (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 Telefilms ( (BALAJITELE) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Balaji Telefilms 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Balaji Telefilms 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

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 132.75 and Balaji Telefilms (BALAJITELE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.