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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 2024-06-07 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 1536870

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	257.45	250.00	259.35	245.75	0.699 times
06 Thu Jun 2024	247.10	233.00	253.00	233.00	1.048 times
05 Wed Jun 2024	229.50	228.00	232.00	213.95	1.201 times
04 Tue Jun 2024	227.65	279.00	279.00	223.65	2.443 times
03 Mon Jun 2024	279.55	278.55	287.70	276.00	0.869 times
31 Fri May 2024	269.25	269.55	272.50	262.40	0.471 times
30 Thu May 2024	268.25	276.00	277.15	266.75	0.327 times
29 Wed May 2024	276.00	273.55	283.05	272.00	0.542 times
28 Tue May 2024	277.20	293.05	294.25	275.00	0.946 times
27 Mon May 2024	291.50	305.00	305.90	290.05	1.544 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 257.3 as stoploss in an intra day buy trade for a target of 283.27. However, stock will show a bearish move below 257.3.

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
Downside 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	218.37
Downside Intraday Target	179.28
Upside Intraday Target	292.12
Upside Intraday Target	326.78
Downside Intraday Target	253.03

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	257.45	278.55	287.70	213.95	1.635 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, 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
07 Fri Jun 2024	257.45	278.55	287.70	213.95	0.319 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 256.69 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 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.