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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 2024-03-22 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 610094

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	81.65	81.80	82.75	79.20	1.272 times
21 Thu Mar 2024	78.85	75.50	78.85	75.50	0.166 times
20 Wed Mar 2024	75.10	76.10	78.75	74.00	0.639 times
19 Tue Mar 2024	77.45	80.45	80.45	76.50	0.485 times
18 Mon Mar 2024	80.20	80.00	83.85	78.55	0.668 times
15 Fri Mar 2024	79.90	75.95	79.90	75.25	0.575 times
14 Thu Mar 2024	76.10	77.10	78.95	76.00	2.218 times
13 Wed Mar 2024	80.00	81.30	82.75	80.00	1.399 times
12 Tue Mar 2024	84.20	88.20	88.20	84.20	0.396 times
11 Mon Mar 2024	88.60	93.60	94.65	88.60	0.901 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 75.9 as stoploss in an intra day buy trade for a target of 96.97. However, stock will show a bearish move below 75.9.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	64.90
Downside Target	69.00
Downside Target	74.00
Downside Target	77.25
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	75.82
Downside Intraday Target	69.98
Upside Intraday Target	85.67
Upside Intraday Target	89.68
Downside Intraday Target	79.83

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	81.65	80.00	83.85	74.00	0.588 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 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
22 Fri Mar 2024	81.65	124.20	128.40	74.00	0.293 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a SELL signal for Balaji Telefilms in short term and the sell 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 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 moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 79.81 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 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.