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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 2024-06-06 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 1527045

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	247.10	233.00	253.00	233.00	1.055 times
05 Wed Jun 2024	229.50	228.00	232.00	213.95	1.209 times
04 Tue Jun 2024	227.65	279.00	279.00	223.65	2.459 times
03 Mon Jun 2024	279.55	278.55	287.70	276.00	0.874 times
31 Fri May 2024	269.25	269.55	272.50	262.40	0.474 times
30 Thu May 2024	268.25	276.00	277.15	266.75	0.329 times
29 Wed May 2024	276.00	273.55	283.05	272.00	0.545 times
28 Tue May 2024	277.20	293.05	294.25	275.00	0.952 times
27 Mon May 2024	291.50	305.00	305.90	290.05	1.554 times
24 Fri May 2024	311.05	311.45	317.75	306.80	0.613 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 258.9, but if it comes above 258.9, then a intra day buy could be more profitable.
If you take a sell trade below 258.9, then use 258.9 as stoploss and 228.5 as target. However if you take a buy trade in stock , then use 258.9 as stoploss and 284.22 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	202.00
Downside Target	213.95
Downside Target	233.95
Downside Target	238.65
Upside Target	251.50
Upside Target	262.00
Upside Target	270.20
Upside Target	281.95
Upside Target	287.70
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	211.47
Downside Intraday Target	175.83
Upside Intraday Target	285.22
Upside Intraday Target	323.33
Upside Intraday Target	249.58

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	247.10	278.55	287.70	213.95	1.452 times
31 Fri May 2024	269.25	305.00	305.90	262.40	1.488 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

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
06 Thu Jun 2024	247.10	278.55	287.70	213.95	0.283 times
31 Fri May 2024	269.25	274.55	320.45	262.00	1.67 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

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Balmer Lawrie Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling is losing 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 259.95 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.