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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.

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 809643

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	258.70	261.05	264.00	255.20	0.915 times
08 Mon Apr 2024	259.55	256.80	265.85	252.00	1.741 times
05 Fri Apr 2024	256.25	244.10	260.25	241.70	1.754 times
04 Thu Apr 2024	245.20	252.50	252.55	244.25	0.531 times
03 Wed Apr 2024	249.45	250.55	252.45	248.00	0.507 times
02 Tue Apr 2024	250.65	251.00	256.40	248.00	0.837 times
01 Mon Apr 2024	249.35	240.00	253.25	239.10	1.367 times
28 Thu Mar 2024	238.40	240.25	244.80	237.80	0.786 times
27 Wed Mar 2024	237.00	227.50	241.10	227.50	1.126 times
26 Tue Mar 2024	226.45	225.75	233.95	225.40	0.631 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 250, but if it comes below 250, then a intra day sell could be more profitable.
If you take a sell trade below 250, then use 250 as stoploss and 233.49 as target. However if you take a buy trade in stock , then use 250 as stoploss and 269.8 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	157.00
Downside Target	202.00
Downside Target	207.15
Downside Target	215.55
Downside Target	225.40
Downside Target	231.90
Downside Target	239.10
Downside Target	251.50
Downside Target	252.00
Upside Target	260.25
Upside Target	265.85
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	251.85
Downside Intraday Target	245
Upside Intraday Target	265.7
Upside Intraday Target	272.7
Upside Intraday Target	258.85

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	258.70	256.80	265.85	252.00	0.532 times
05 Fri Apr 2024	256.25	240.00	260.25	239.10	1.965 times
28 Thu Mar 2024	238.40	225.75	244.80	225.40	0.652 times
22 Fri Mar 2024	229.85	219.90	231.90	207.15	0.665 times
15 Fri Mar 2024	219.20	244.00	244.00	202.00	2.774 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 Balmer Lawrie (BALMLAWRIE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	258.70	240.00	265.85	239.10	0.51 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Balmer Lawrie stock for short term is BUY. Signal strength is Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Balmer Lawrie in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 249.39 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.