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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 2024-03-12 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 968238

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	84.20	88.20	88.20	84.20	0.249 times
11 Mon Mar 2024	88.60	93.60	94.65	88.60	0.568 times
07 Thu Mar 2024	93.25	91.05	94.70	88.25	1.61 times
06 Wed Mar 2024	90.20	90.20	94.15	90.20	1.341 times
05 Tue Mar 2024	94.95	96.05	99.95	94.95	1.325 times
04 Mon Mar 2024	99.95	99.95	105.75	99.95	1.572 times
02 Sat Mar 2024	111.05	112.00	114.55	111.05	0.152 times
01 Fri Mar 2024	116.90	124.20	128.40	115.20	0.972 times
29 Thu Feb 2024	124.20	131.00	131.00	123.00	0.696 times
28 Wed Feb 2024	131.25	138.40	139.75	123.60	0.963 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 76.9, for a target of 99.4 or 118.08

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	84.20
Upside Target	86.35
Upside Target	88.25
Upside Target	94.65
Upside Target	100.80
Upside Target	105.75
Upside 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	80.72
Downside Intraday Target	77.23
Upside Intraday Target	91.17
Upside Intraday Target	98.13
Upside Intraday Target	87.68

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	84.20	93.60	94.65	84.20	0.14 times
07 Thu Mar 2024	93.25	99.95	105.75	88.25	1.266 times
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

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
12 Tue Mar 2024	84.20	124.20	128.40	84.20	0.183 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

Balaji Telefilms 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 below the red 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 102.52 and Balaji Telefilms (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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.