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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 2024-05-06 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 1144791

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	270.80	271.55	274.60	262.00	0.678 times
03 Fri May 2024	269.90	275.95	278.20	267.05	0.487 times
02 Thu May 2024	277.05	274.55	284.00	274.15	1.035 times
30 Tue Apr 2024	273.85	273.10	278.50	271.00	0.672 times
29 Mon Apr 2024	272.30	277.50	280.70	271.00	0.586 times
26 Fri Apr 2024	277.15	280.00	281.95	270.30	1.831 times
25 Thu Apr 2024	276.20	257.05	281.90	256.50	3.487 times
24 Wed Apr 2024	258.20	251.00	261.95	250.30	0.712 times
23 Tue Apr 2024	249.55	249.15	254.00	246.60	0.398 times
22 Mon Apr 2024	247.65	245.10	250.00	243.85	0.319 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 271.2 as stoploss in an intra day sell trade for a target of 259.65. However, stock will show a bullish move above 271.2.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	202.00
Downside Target	215.55
Downside Target	233.95
Downside Target	238.65
Downside Target	243.85
Downside Target	251.50
Downside Target	262.00
Upside Target	274.60
Upside Target	281.95
Upside Target	284.00
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	263.67
Downside Intraday Target	256.53
Upside Intraday Target	276.27
Upside Intraday Target	281.73
Downside Intraday Target	269.13

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	270.80	271.55	274.60	262.00	0.244 times
03 Fri May 2024	269.90	277.50	284.00	267.05	0.412 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

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
06 Mon May 2024	270.80	274.55	284.00	262.00	0.139 times
30 Tue Apr 2024	273.85	240.00	281.95	238.65	1.489 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

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 Balmer Lawrie (BALMLAWRIE)

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) 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 Balmer Lawrie ( (BALMLAWRIE) ) 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 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 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.

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.

Balmer Lawrie Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Balmer Lawrie in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Balmer Lawrie is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 272.23 and Balmer Lawrie (BALMLAWRIE) stock is trading below this level. This means that stock is falling with high volumes. 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.