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(BALKRISIND) Balkrishna Industries complete technical analysis [charts+indicators] | Buy/Sell Balkrishna Industries | (BALKRISIND) share price targets

Complete technical analysis of Balkrishna Industries (BALKRISIND) by charts plus indicators, forecast predictions and share price targets for Balkrishna Industries (BALKRISIND)

Balkrishna Industries trades in NSE in Auto Tyres & Rubber Products sector.

Showing technical analysis as on 2024-11-12 View latest technical analysis

10 day averaged volume of Balkrishna Industries is 134733

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	2742.25	2794.00	2823.15	2730.00	0.719 times
11 Mon Nov 2024	2782.55	2826.20	2877.95	2770.35	1.021 times
08 Fri Nov 2024	2829.05	2860.00	2870.00	2815.00	0.65 times
07 Thu Nov 2024	2866.60	2850.50	2893.30	2849.00	0.84 times
06 Wed Nov 2024	2869.65	2799.90	2882.35	2799.85	0.786 times
05 Tue Nov 2024	2792.70	2791.10	2819.90	2745.50	1.472 times
04 Mon Nov 2024	2791.10	2853.60	2858.00	2786.00	0.776 times
01 Fri Nov 2024	2853.55	2861.55	2866.30	2835.00	0.044 times
31 Thu Oct 2024	2837.45	2880.45	2883.15	2821.65	1.408 times
30 Wed Oct 2024	2880.45	2901.05	2914.80	2858.50	1.228 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2721.3, for a target of 2813 or 2889.46

Share price targets for Balkrishna Industries (BALKRISIND)

Target Type	Value
Downside Target	2730.00
Upside Target	2926.45
Upside Target	2979.95
Upside Target	3024.80
Upside Target	3046.05
Upside Target	3048.80
Upside Target	3105.45
Upside Target	3155.80
Upside Target	3352.75
Upside Target	3375.00

Intraday share price targets for Balkrishna Industries (BALKRISIND)

Target Type	Value
Downside Intraday Target	2688.85
Downside Intraday Target	2635.45
Upside Intraday Target	2836.8
Upside Intraday Target	2931.35
Upside Intraday Target	2783.4

Weekly technical analysis of Balkrishna Industries (BALKRISIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	2742.25	2826.20	2877.95	2730.00	0.385 times
08 Fri Nov 2024	2829.05	2853.60	2893.30	2745.50	0.752 times
01 Fri Nov 2024	2853.55	2885.10	2979.95	2821.65	1.218 times
25 Fri Oct 2024	2907.55	3000.00	3024.80	2880.00	0.901 times
18 Fri Oct 2024	2998.65	3040.20	3048.80	2926.45	0.435 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 Balkrishna Industries (BALKRISIND)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	2742.25	2861.55	2893.30	2730.00	0.174 times
31 Thu Oct 2024	2837.45	3050.15	3105.45	2779.00	0.947 times
30 Mon Sep 2024	3050.15	2834.85	3155.80	2834.85	0.763 times
30 Fri Aug 2024	2829.75	3322.00	3375.00	2753.05	0.981 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 Balkrishna Industries (BALKRISIND)

Price action analysis of Balkrishna Industries ( (BALKRISIND) ) 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 Balkrishna Industries ( (BALKRISIND) ) 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 Balkrishna Industries ( (BALKRISIND) ) 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 Balkrishna Industries ( (BALKRISIND) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Balkrishna Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Balkrishna Industries in short term and the sell signal is strong.

Balkrishna Industries 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Balkrishna Industries in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 Balkrishna Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2823.08 and Balkrishna Industries (BALKRISIND) 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 Balkrishna Industries (BALKRISIND) stock. Volume based technical analysis of Balkrishna Industries (BALKRISIND) stock is negative.

Balkrishna Industries 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.