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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 2024-08-22 View latest technical analysis

10 day averaged volume of Bal Pharma is 58119

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	137.68	119.50	141.98	118.79	31.344 times
21 Wed Aug 2024	118.58	114.00	119.79	114.00	1.064 times
20 Tue Aug 2024	114.88	116.45	116.61	113.00	0.407 times
19 Mon Aug 2024	114.80	114.00	117.80	114.00	0.568 times
16 Fri Aug 2024	114.42	113.00	115.50	112.87	0.396 times
14 Wed Aug 2024	112.14	113.98	114.50	111.41	0.518 times
13 Tue Aug 2024	112.38	121.95	121.95	111.40	3.377 times
12 Mon Aug 2024	123.51	122.50	124.80	120.60	1.663 times
09 Fri Aug 2024	121.67	120.05	123.00	119.43	0.575 times
08 Thu Aug 2024	119.12	119.00	121.76	118.50	0.496 times

Stock of Bal Pharma (BALPHARMA) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 130.5, for a target of 124.2 or 118.88

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
Downside Target	119.78
Downside Target	123.50
Downside Target	124.80
Downside Target	125.40
Downside Target	126.50
Downside Target	131.90
Upside Target	141.98

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Intraday Target	119.79
Downside Intraday Target	101.91
Upside Intraday Target	148.77
Upside Intraday Target	159.87
Downside Intraday Target	130.89

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	137.68	114.00	141.98	113.00	5.606 times
16 Fri Aug 2024	114.42	122.50	124.80	111.40	1.005 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bal Pharma (BALPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	137.68	122.40	141.98	111.40	3.082 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 up this month, and volume has increased substantially. This means that the move can 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Bal Pharma in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bal Pharma in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 132.92 and Bal Pharma (BALPHARMA) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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