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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 2024-05-09 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 1752564

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	278.80	290.85	297.65	277.40	0.915 times
08 Wed May 2024	287.90	284.00	289.75	282.10	0.71 times
07 Tue May 2024	281.40	283.00	293.95	275.50	3.092 times
06 Mon May 2024	270.80	271.55	274.60	262.00	0.443 times
03 Fri May 2024	269.90	275.95	278.20	267.05	0.318 times
02 Thu May 2024	277.05	274.55	284.00	274.15	0.676 times
30 Tue Apr 2024	273.85	273.10	278.50	271.00	0.439 times
29 Mon Apr 2024	272.30	277.50	280.70	271.00	0.382 times
26 Fri Apr 2024	277.15	280.00	281.95	270.30	1.196 times
25 Thu Apr 2024	276.20	257.05	281.90	256.50	2.278 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 277.6, but if it comes below 277.6, then a intra day sell could be more profitable.
If you take a sell trade below 277.6, then use 277.6 as stoploss and 264 as target. However if you take a buy trade in stock , then use 277.6 as stoploss and 294 as target.

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	281.95
Upside Target	284.00
Upside Target	290.70
Upside Target	291.00
Upside Target	297.65

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	261.32
Downside Intraday Target	243.83
Upside Intraday Target	296.97
Upside Intraday Target	315.13
Upside Intraday Target	279.48

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	278.80	271.55	297.65	262.00	2.842 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu May 2024	278.80	274.55	297.65	262.00	0.597 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 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 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 gaining 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 coming down

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

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 278.26 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.