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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 2024-05-27 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 1269099

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	291.50	305.00	305.90	290.05	1.87 times
24 Fri May 2024	311.05	311.45	317.75	306.80	0.738 times
23 Thu May 2024	309.60	306.35	320.45	306.00	1.192 times
22 Wed May 2024	304.80	308.45	310.25	298.80	0.584 times
21 Tue May 2024	307.85	316.80	316.80	305.70	0.603 times
18 Sat May 2024	313.70	309.00	316.00	308.80	0.447 times
17 Fri May 2024	306.90	303.65	311.95	303.00	1.276 times
16 Thu May 2024	300.85	304.90	305.50	296.45	0.687 times
15 Wed May 2024	302.50	301.00	310.80	298.75	2.077 times
14 Tue May 2024	296.95	290.60	299.85	287.05	1.548 times

My analysis of stock is bullish for shortterm, and stock might move up till 306 or till 323.8. Use a stoploss of 291.09 and if this stock hits its stoploss, then it can fall down till 276.22

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	251.50
Downside Target	262.00
Downside Target	281.95
Downside Target	290.05
Upside Target	297.65
Upside Target	298.80
Upside Target	305.90
Upside Target	316.00
Upside Target	320.45

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	285.73
Downside Intraday Target	279.97
Upside Intraday Target	301.58
Upside Intraday Target	311.67
Upside Intraday Target	295.82

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	291.50	305.00	305.90	290.05	0.6 times
24 Fri May 2024	311.05	316.80	320.45	298.80	0.453 times
18 Sat May 2024	313.70	277.90	316.00	270.20	0.885 times
10 Fri May 2024	276.45	271.55	297.65	262.00	3.102 times
03 Fri May 2024	269.90	277.50	284.00	267.05	0.412 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
27 Mon May 2024	291.50	274.55	320.45	262.00	1.476 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Balmer Lawrie in short term but the sell signal is initial and weak.

Balmer Lawrie Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Balmer Lawrie in short term and SELL signal is strong!

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 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 302.47 and Balmer Lawrie (BALMLAWRIE) 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 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.