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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 2024-04-24 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 197236

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	77.85	77.45	78.90	77.00	0.672 times
23 Tue Apr 2024	77.05	76.40	77.50	76.10	0.696 times
22 Mon Apr 2024	76.20	78.95	78.95	76.00	0.651 times
19 Fri Apr 2024	76.85	77.00	78.05	75.00	0.585 times
18 Thu Apr 2024	77.60	78.45	79.70	77.00	0.476 times
16 Tue Apr 2024	77.95	76.00	80.00	76.00	0.609 times
15 Mon Apr 2024	76.95	77.25	78.90	75.85	1.203 times
12 Fri Apr 2024	79.85	82.00	82.00	79.00	1.375 times
10 Wed Apr 2024	81.60	85.40	85.40	81.10	0.908 times
09 Tue Apr 2024	84.50	81.15	84.65	80.90	2.03 times

My analysis of stock is bearish for shortterm, and stock might move down till 76.2 or till 72.4. Use a stoploss of 79.4 and if the stock hits stoploss, then it can shoot up till 82.58

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	69.00
Downside Target	73.50
Upside Target	78.95
Upside Target	82.35
Upside Target	85.40
Upside Target	86.35
Upside Target	88.30
Upside Target	88.85
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	76.25
Downside Intraday Target	74.65
Upside Intraday Target	79.2
Upside Intraday Target	80.55
Downside Intraday Target	77.6

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	77.85	78.95	78.95	76.00	0.703 times
19 Fri Apr 2024	76.85	77.25	80.00	75.00	0.497 times
12 Fri Apr 2024	79.85	83.30	85.40	79.00	0.563 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

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
24 Wed Apr 2024	77.85	77.50	88.85	75.00	0.283 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 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 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 neutral. A longer time frame might give a better analysis.

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 losing 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 79.62 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.