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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 2024-08-13 View latest technical analysis

10 day averaged volume of Bal Pharma is 59153

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	112.38	121.95	121.95	111.40	3.318 times
12 Mon Aug 2024	123.51	122.50	124.80	120.60	1.634 times
09 Fri Aug 2024	121.67	120.05	123.00	119.43	0.565 times
08 Thu Aug 2024	119.12	119.00	121.76	118.50	0.487 times
07 Wed Aug 2024	119.61	116.27	121.69	116.27	0.919 times
06 Tue Aug 2024	116.04	124.00	124.69	114.85	1.031 times
05 Mon Aug 2024	121.16	116.00	124.75	116.00	2.816 times
02 Fri Aug 2024	120.28	120.01	123.25	117.00	0.567 times
01 Thu Aug 2024	120.12	122.40	123.50	117.71	0.724 times
31 Wed Jul 2024	121.22	117.99	122.20	117.98	0.827 times

Stock of Bal Pharma (BALPHARMA) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.4, but if it comes above 114.4, then a intra day buy could be more profitable.
If you take a sell trade below 114.4, then use 114.4 as stoploss and 110.3 as target. However if you take a buy trade in stock , then use 114.4 as stoploss and 117.74 as target.

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	111.40
Upside Target	114.85
Upside Target	119.78
Upside Target	122.69
Upside Target	124.80
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	107.59
Downside Intraday Target	102.79
Upside Intraday Target	120.99
Upside Intraday Target	129.59
Upside Intraday Target	116.19

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	112.38	122.50	124.80	111.40	0.851 times
09 Fri Aug 2024	121.67	116.00	124.75	114.85	2.018 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

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
13 Tue Aug 2024	112.38	122.40	124.80	111.40	0.812 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 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 Bal Pharma ( (BALPHARMA) ) based on a mid to longer 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.

ADX buy sell signal for Bal Pharma stock for short term is SELL. Signal strength is Strong and stock is gaining 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bal Pharma 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 Bal Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 118.53 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 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.