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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 2024-04-08 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 543208

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	80.65	83.30	83.85	80.00	0.533 times
05 Fri Apr 2024	83.05	85.00	85.00	81.90	0.462 times
04 Thu Apr 2024	85.05	85.35	88.85	83.90	0.669 times
03 Wed Apr 2024	84.70	83.50	85.40	81.40	1.015 times
02 Tue Apr 2024	81.35	79.05	81.35	78.00	0.723 times
01 Mon Apr 2024	77.50	77.50	77.50	76.15	0.858 times
28 Thu Mar 2024	73.85	75.55	77.50	73.50	1.171 times
27 Wed Mar 2024	75.35	78.40	82.35	75.00	2.088 times
26 Tue Mar 2024	78.45	82.00	82.00	77.60	1.399 times
22 Fri Mar 2024	81.65	81.80	82.75	79.20	1.428 times

My analysis of stock is bearish for shortterm, and stock might move down till 76.1 or till 70.5. Use a stoploss of 80.76 and if the stock hits stoploss, then it can shoot up till 85.41

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	69.00
Downside Target	73.50
Downside Target	80.00
Upside Target	82.35
Upside Target	86.35
Upside Target	88.30
Upside Target	88.85
Upside Target	94.65
Upside Target	100.80
Upside Target	128.40
Upside Target	143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	79.15
Downside Intraday Target	77.65
Upside Intraday Target	83
Upside Intraday Target	85.35
Upside Intraday Target	81.5

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	80.65	83.30	83.85	80.00	0.143 times
05 Fri Apr 2024	83.05	77.50	88.85	76.15	0.8 times
28 Thu Mar 2024	73.85	82.00	82.35	73.50	1.285 times
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

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
08 Mon Apr 2024	80.65	77.50	88.85	76.15	0.158 times
28 Thu Mar 2024	73.85	124.20	128.40	73.50	0.354 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

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 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 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 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 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 Weak and stock is gaining momentum.

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

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

Balaji Telefilms Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 79.23 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 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 is giving positive 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.