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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 2024-03-19 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 941793

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	77.45	80.45	80.45	76.50	0.314 times
18 Mon Mar 2024	80.20	80.00	83.85	78.55	0.433 times
15 Fri Mar 2024	79.90	75.95	79.90	75.25	0.373 times
14 Thu Mar 2024	76.10	77.10	78.95	76.00	1.437 times
13 Wed Mar 2024	80.00	81.30	82.75	80.00	0.906 times
12 Tue Mar 2024	84.20	88.20	88.20	84.20	0.256 times
11 Mon Mar 2024	88.60	93.60	94.65	88.60	0.583 times
07 Thu Mar 2024	93.25	91.05	94.70	88.25	1.655 times
06 Wed Mar 2024	90.20	90.20	94.15	90.20	1.379 times
05 Tue Mar 2024	94.95	96.05	99.95	94.95	1.362 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 82.2, but if it comes above 82.2, then a intra day buy could be more profitable.
If you take a sell trade below 82.2, then use 82.2 as stoploss and 54 as target. However if you take a buy trade in stock , then use 82.2 as stoploss and 105.68 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	64.90
Downside Target	69.00
Downside Target	74.65
Upside Target	83.85
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	128.40
Upside Target	140.90
Upside Target	143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	74.68
Downside Intraday Target	71.92
Upside Intraday Target	82.03
Upside Intraday Target	86.62
Upside Intraday Target	79.27

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	77.45	80.00	83.85	76.50	0.21 times
15 Fri Mar 2024	79.90	93.60	94.65	75.25	0.591 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

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
19 Tue Mar 2024	77.45	124.20	128.40	75.25	0.262 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.45 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.