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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 2024-10-21 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 240218

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	247.15	258.00	258.00	246.10	0.883 times
18 Fri Oct 2024	258.15	252.05	260.05	248.70	1.601 times
17 Thu Oct 2024	255.45	257.00	265.30	254.10	1.255 times
16 Wed Oct 2024	257.40	249.00	260.95	245.85	1.277 times
15 Tue Oct 2024	248.25	252.15	254.20	247.05	0.55 times
14 Mon Oct 2024	253.00	252.75	254.05	251.85	0.373 times
11 Fri Oct 2024	251.80	255.00	257.85	250.10	0.851 times
10 Thu Oct 2024	257.25	254.10	258.80	253.40	0.801 times
09 Wed Oct 2024	255.05	257.30	258.65	254.25	0.75 times
08 Tue Oct 2024	257.30	245.00	258.00	243.30	0.964 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 250.6, but if it comes above 250.6, then a intra day buy could be more profitable.
If you take a sell trade below 250.6, then use 250.6 as stoploss and 240 as target. However if you take a buy trade in stock , then use 250.6 as stoploss and 259.47 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	213.95
Downside Target	242.00
Upside Target	254.75
Upside Target	265.30
Upside Target	276.90
Upside Target	278.45
Upside Target	278.90
Upside Target	287.70
Upside Target	292.15
Upside Target	297.50
Upside Target	311.50

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	242.83
Downside Intraday Target	238.52
Upside Intraday Target	254.73
Upside Intraday Target	262.32
Upside Intraday Target	250.42

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	247.15	258.00	258.00	246.10	0.175 times
18 Fri Oct 2024	258.15	252.75	265.30	245.85	1.022 times
11 Fri Oct 2024	251.80	258.30	259.85	242.00	0.809 times
04 Fri Oct 2024	258.05	274.20	278.90	257.05	0.979 times
27 Fri Sep 2024	274.20	267.80	276.90	260.65	0.446 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
21 Mon Oct 2024	247.15	276.00	278.45	242.00	0.411 times
30 Mon Sep 2024	275.15	284.90	292.15	260.65	1.164 times
30 Fri Aug 2024	279.70	297.10	297.50	260.00	0.356 times
31 Wed Jul 2024	294.10	271.45	311.50	254.75	1.179 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Balmer Lawrie stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 254.85 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 negative.

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