(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.
10 day averaged volume of Balkrishna Industries is 665533
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2182.80 | 2178.00 | 2202.00 | 2159.05 | 0.429 times |
| 11 Thu Aug 2022 | 2168.85 | 2175.00 | 2194.00 | 2155.40 | 0.477 times |
| 10 Wed Aug 2022 | 2163.90 | 2146.00 | 2169.90 | 2130.00 | 0.929 times |
| 08 Mon Aug 2022 | 2150.00 | 2168.00 | 2173.00 | 2108.55 | 1.206 times |
| 05 Fri Aug 2022 | 2162.80 | 2269.90 | 2269.95 | 2130.60 | 3.836 times |
| 04 Thu Aug 2022 | 2319.95 | 2391.00 | 2420.00 | 2299.00 | 0.781 times |
| 03 Wed Aug 2022 | 2389.00 | 2440.00 | 2449.55 | 2375.00 | 0.593 times |
| 02 Tue Aug 2022 | 2439.00 | 2380.95 | 2450.00 | 2375.00 | 0.797 times |
| 01 Mon Aug 2022 | 2380.95 | 2325.00 | 2407.95 | 2311.25 | 0.731 times |
| 30 Sat Jul 2022 | 2311.25 | 2297.00 | 2324.00 | 2282.60 | 0.38 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2195.9, but if it comes above 2195.9, then a intra day buy could be more profitable.
If you take a sell trade below 2195.9, then use 2195.9 as stoploss and 2102 as target. However if you take a buy trade in stock , then use 2195.9 as stoploss and 2274.07 as target.
Share price targets for Balkrishna Industries (BALKRISIND)
| Target Type | Value |
| Downside Target | 1880.50 |
| Downside Target | 2016.00 |
| Downside Target | 2108.55 |
| Upside Target | 2202.00 |
| Upside Target | 2323.00 |
| Upside Target | 2342.65 |
| Upside Target | 2365.00 |
| Upside Target | 2370.40 |
| Upside Target | 2375.00 |
| Upside Target | 2450.00 |
Intraday share price targets for Balkrishna Industries (BALKRISIND)
| Target Type | Value |
| Downside Intraday Target | 2126.9 |
| Downside Intraday Target | 2071 |
| Upside Intraday Target | 2220.35 |
| Upside Intraday Target | 2257.9 |
| Downside Intraday Target | 2164.45 |
Weekly technical analysis of Balkrishna Industries (BALKRISIND)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2182.80 | 2168.00 | 2202.00 | 2108.55 | 0.451 times |
| 05 Fri Aug 2022 | 2162.80 | 2325.00 | 2450.00 | 2130.60 | 3.037 times |
| 30 Sat Jul 2022 | 2311.25 | 2271.00 | 2365.00 | 2209.05 | 1.085 times |
| 22 Fri Jul 2022 | 2271.40 | 2308.00 | 2323.00 | 2237.00 | 1.172 times |
| 15 Fri Jul 2022 | 2294.55 | 2296.00 | 2342.65 | 2252.60 | 1.54 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 Balkrishna Industries (BALKRISIND)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2182.80 | 2325.00 | 2450.00 | 2108.55 | 1.33 times |
| 30 Sat Jul 2022 | 2311.25 | 2125.00 | 2365.00 | 2109.50 | 0.828 times |
| 30 Thu Jun 2022 | 2149.15 | 2340.00 | 2375.00 | 2053.35 | 0.79 times |
| 31 Tue May 2022 | 2338.90 | 2135.00 | 2370.40 | 1880.50 | 1.392 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 29, 18 | Sell |
| MACD | -7, 24 | Sell |
| Stochastics | 19 | Sell |
| CCI | -58 | Buy |
| RSI | 41 | Sell |
| OBV | -2075368 | Sell |
| VWAP | 2231 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Balkrishna Industries ( (BALKRISIND) ) 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 Balkrishna Industries ( (BALKRISIND) ) 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 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 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 Balkrishna Industries stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 Balkrishna Industries in short term but BUY signal is weak.
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 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 2230.74 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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