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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.

10 day averaged volume of Balmer Lawrie is 658778

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	241.85	242.00	245.25	238.65	0.824 times
18 Thu Apr 2024	248.50	248.90	255.00	245.95	0.734 times
16 Tue Apr 2024	248.10	246.00	251.15	244.60	0.436 times
15 Mon Apr 2024	247.00	251.00	253.95	242.50	0.811 times
12 Fri Apr 2024	257.30	255.50	262.60	254.40	0.82 times
10 Wed Apr 2024	257.85	259.80	259.80	255.20	0.503 times
09 Tue Apr 2024	258.70	261.05	264.00	255.20	1.125 times
08 Mon Apr 2024	259.55	256.80	265.85	252.00	2.14 times
05 Fri Apr 2024	256.25	244.10	260.25	241.70	2.156 times
04 Thu Apr 2024	245.20	252.50	252.55	244.25	0.652 times

My analysis of stock is bearish for shortterm, and stock might move down till 228.4 or till 211.3. Use a stoploss of 242.62 and if the stock hits stoploss, then it can shoot up till 256.85

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	157.00
Downside Target	202.00
Downside Target	207.15
Downside Target	215.55
Downside Target	225.40
Downside Target	231.90
Downside Target	238.65
Upside Target	251.50
Upside Target	255.00
Upside Target	260.25
Upside Target	265.85
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	235.33
Downside Intraday Target	228.82
Upside Intraday Target	251.68
Upside Intraday Target	261.52
Upside Intraday Target	245.17

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
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
05 Fri Apr 2024	256.25	240.00	260.25	239.10	1.965 times
28 Thu Mar 2024	238.40	225.75	244.80	225.40	0.652 times
22 Fri Mar 2024	229.85	219.90	231.90	207.15	0.665 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
19 Fri Apr 2024	241.85	240.00	265.85	238.65	0.734 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
31 Wed Jan 2024	284.80	218.95	290.70	215.55	0.785 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 positive zone. This is a BUY zone

Stock of Balmer Lawrie is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 253.86 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.