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(BALMLAWRIE) Balmer Lawrie complete technical analysis [charts+indicators] | Buy/Sell Balmer Lawrie | (BALMLAWRIE) share price targets

Complete technical analysis of Balmer Lawrie (BALMLAWRIE) by charts plus indicators, forecast predictions and share price targets for Balmer Lawrie (BALMLAWRIE)

Balmer Lawrie trades in NSE in Diversified sector.

10 day averaged volume of Balmer Lawrie is 1011142

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	272.30	277.50	280.70	271.00	0.663 times
26 Fri Apr 2024	277.15	280.00	281.95	270.30	2.073 times
25 Thu Apr 2024	276.20	257.05	281.90	256.50	3.948 times
24 Wed Apr 2024	258.20	251.00	261.95	250.30	0.806 times
23 Tue Apr 2024	249.55	249.15	254.00	246.60	0.45 times
22 Mon Apr 2024	247.65	245.10	250.00	243.85	0.361 times
19 Fri Apr 2024	241.85	242.00	245.25	238.65	0.537 times
18 Thu Apr 2024	248.50	248.90	255.00	245.95	0.478 times
16 Tue Apr 2024	248.10	246.00	251.15	244.60	0.284 times
15 Mon Apr 2024	247.00	251.00	253.95	242.50	0.528 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 264.8, but if it comes below 264.8, then a intra day sell could be more profitable.
If you take a sell trade below 264.8, then use 264.8 as stoploss and 254.46 as target. However if you take a buy trade in stock , then use 264.8 as stoploss and 277.3 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	157.00
Downside Target	202.00
Downside Target	215.55
Downside Target	233.95
Downside Target	238.65
Downside Target	251.50
Downside Target	260.25
Downside Target	265.85
Downside Target	271.00
Upside Target	280.70
Upside Target	281.95
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	268.63
Downside Intraday Target	264.97
Upside Intraday Target	278.33
Upside Intraday Target	284.37
Upside Intraday Target	274.67

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	272.30	277.50	280.70	271.00	0.087 times
26 Fri Apr 2024	277.15	245.10	281.95	243.85	4.18 times
19 Fri Apr 2024	241.85	251.00	255.00	238.65	0.611 times
12 Fri Apr 2024	257.30	256.80	265.85	252.00	0.747 times
05 Fri Apr 2024	256.25	240.00	260.25	239.10	1.965 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 Balmer Lawrie (BALMLAWRIE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	272.30	240.00	281.95	238.65	1.426 times
28 Thu Mar 2024	238.40	246.70	251.50	202.00	0.587 times
29 Thu Feb 2024	243.95	287.05	291.00	233.95	0.323 times
31 Wed Jan 2024	284.80	218.95	290.70	215.55	0.785 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 Balmer Lawrie (BALMLAWRIE)

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) 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 Balmer Lawrie ( (BALMLAWRIE) ) based on a short to mid 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 Balmer Lawrie ( (BALMLAWRIE) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Balmer Lawrie stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Balmer Lawrie in short term and the buy signal is strong.

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

Balmer Lawrie Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Balmer Lawrie 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 Balmer Lawrie is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 267.07 and Balmer Lawrie (BALMLAWRIE) 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 Balmer Lawrie (BALMLAWRIE) stock. Volume based technical analysis of Balmer Lawrie (BALMLAWRIE) stock is negative.

Balmer Lawrie Stock is giving positive 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.