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(BALPHARMA) Bal Pharma complete technical analysis [charts+indicators] | Buy/Sell Bal Pharma | (BALPHARMA) share price targets

Complete technical analysis of Bal Pharma (BALPHARMA) by charts plus indicators, forecast predictions and share price targets for Bal Pharma (BALPHARMA)

Bal Pharma trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Bal Pharma is 42078

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	116.04	124.00	124.69	114.85	1.45 times
05 Mon Aug 2024	121.16	116.00	124.75	116.00	3.959 times
02 Fri Aug 2024	120.28	120.01	123.25	117.00	0.797 times
01 Thu Aug 2024	120.12	122.40	123.50	117.71	1.018 times
31 Wed Jul 2024	121.22	117.99	122.20	117.98	1.162 times
30 Tue Jul 2024	118.57	117.00	121.53	117.00	0.603 times
29 Mon Jul 2024	118.27	117.00	119.95	116.96	0.473 times
26 Fri Jul 2024	117.30	114.01	119.78	114.01	0.68 times
25 Thu Jul 2024	115.85	116.85	116.90	113.71	0.244 times
24 Wed Jul 2024	116.88	110.01	117.75	110.01	0.583 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 115 as stoploss in an intra day buy trade for a target of 118.33. However, stock will show a bearish move below 115.

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	92.40
Downside Target	95.15
Downside Target	100.00
Downside Target	105.85
Downside Target	109.18
Downside Target	111.70
Downside Target	114.85
Upside Target	122.69
Upside Target	124.75
Upside Target	125.40
Upside Target	126.50
Upside Target	131.90

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Intraday Target	112.34
Downside Intraday Target	108.65
Upside Intraday Target	122.24
Upside Intraday Target	128.45
Upside Intraday Target	118.55

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	116.04	116.00	124.75	114.85	1.334 times
02 Fri Aug 2024	120.28	117.00	123.50	116.96	1.762 times
26 Fri Jul 2024	117.30	115.00	119.78	109.18	0.907 times
19 Fri Jul 2024	112.79	121.00	122.69	111.70	0.425 times
12 Fri Jul 2024	120.26	122.95	126.50	118.01	0.761 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 Bal Pharma (BALPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	116.04	122.40	124.75	114.85	0.346 times
31 Wed Jul 2024	121.22	118.00	126.50	109.18	0.906 times
28 Fri Jun 2024	117.69	120.00	125.40	100.00	0.604 times
31 Fri May 2024	114.65	99.05	131.90	95.15	5.805 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 Bal Pharma (BALPHARMA)

Price action analysis of Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma ( (BALPHARMA) ) based on a short 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 Bal Pharma ( (BALPHARMA) ) based on a short to mid 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 Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Bal Pharma 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 Bal Pharma in short term but SELL signal is weak.

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 Bal Pharma is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 119.48 and Bal Pharma (BALPHARMA) 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 Bal Pharma (BALPHARMA) stock. Volume based technical analysis of Bal Pharma (BALPHARMA) stock is negative.

Bal Pharma 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.