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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 2024-07-22 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 400105

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	66.35	66.25	67.93	65.59	0.358 times
19 Fri Jul 2024	65.86	69.78	69.78	65.07	0.674 times
18 Thu Jul 2024	69.34	70.38	70.39	68.00	0.41 times
16 Tue Jul 2024	69.87	70.25	71.90	69.37	0.897 times
15 Mon Jul 2024	69.70	69.65	70.49	69.05	0.469 times
12 Fri Jul 2024	69.44	68.95	73.00	67.51	2.324 times
11 Thu Jul 2024	68.49	67.95	69.38	67.70	0.566 times
10 Wed Jul 2024	67.20	71.94	72.04	64.26	2.372 times
09 Tue Jul 2024	71.40	73.98	74.00	71.10	0.403 times
08 Mon Jul 2024	72.74	72.78	74.49	71.10	0.962 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.4, but if it comes above 67.4, then a intra day buy could be more profitable.
If you take a sell trade below 67.4, then use 67.4 as stoploss and 65.1 as target. However if you take a buy trade in stock , then use 67.4 as stoploss and 69.29 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	64.26
Upside Target	67.93
Upside Target	71.90
Upside Target	73.40
Upside Target	73.50
Upside Target	74.49
Upside Target	75.00
Upside Target	83.65
Upside Target	88.85
Upside Target	128.40

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	65.32
Downside Intraday Target	64.28
Upside Intraday Target	67.66
Upside Intraday Target	68.96
Upside Intraday Target	66.62

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	66.35	66.25	67.93	65.59	0.146 times
19 Fri Jul 2024	65.86	69.65	71.90	65.07	0.37 times
12 Fri Jul 2024	69.44	72.78	74.49	64.26	1.292 times
05 Fri Jul 2024	72.56	70.99	73.40	68.50	1.38 times
28 Fri Jun 2024	70.11	70.20	72.50	65.94	0.828 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 Mon Jul 2024	66.35	70.99	74.49	64.26	0.819 times
28 Fri Jun 2024	70.11	65.55	72.50	58.35	2.312 times
31 Fri May 2024	64.65	83.15	83.65	64.65	0.604 times
30 Tue Apr 2024	81.70	77.50	88.85	75.00	0.349 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 68.92 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 positive

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