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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.

10 day averaged volume of Bal Pharma is 107494

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 62.65 63.15 64.80 60.75 0.331 times
13 Tue Apr 2021 63.15 63.05 65.10 62.05 0.689 times
12 Mon Apr 2021 62.60 67.50 67.50 61.05 1.541 times
09 Fri Apr 2021 65.55 62.80 68.45 62.80 3.112 times
08 Thu Apr 2021 61.65 59.00 62.75 58.10 3.213 times
07 Wed Apr 2021 56.75 55.00 58.00 54.95 0.629 times
06 Tue Apr 2021 54.90 55.25 55.70 53.85 0.262 times
05 Mon Apr 2021 54.00 55.70 55.70 53.00 0.184 times
01 Thu Apr 2021 55.25 53.95 55.80 53.95 0.136 times
31 Wed Mar 2021 53.70 54.90 54.90 53.35 0.126 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.2, but if it comes below 61.2, then a intra day sell could be more profitable.
If you take a sell trade below 61.2, then use 61.2 as stoploss and 57.46 as target. However if you take a buy trade in stock , then use 61.2 as stoploss and 65.7 as target.

Share price targets for Bal Pharma (BALPHARMA)

Target Type Value
Downside Target 41.20
Downside Target 42.60
Downside Target 48.95
Downside Target 51.15
Downside Target 55.80
Downside Target 60.70
Upside Target 64.30
Upside Target 65.20
Upside Target 67.50
Upside Target 68.45
Upside Target 73.60

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type Value
Downside Intraday Target 59.77
Downside Intraday Target 56.88
Upside Intraday Target 66.52
Upside Intraday Target 70.38
Upside Intraday Target 63.63

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 62.65 67.50 67.50 60.75 0.346 times
09 Fri Apr 2021 65.55 55.70 68.45 53.00 20.027 times
01 Thu Apr 2021 55.25 53.15 55.80 53.15 0.105 times
26 Fri Mar 2021 53.80 54.00 60.70 52.50 0.694 times
19 Fri Mar 2021 54.35 56.65 64.30 51.60 0.997 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
15 Thu Apr 2021 62.65 53.95 68.45 53.00 0.674 times
31 Wed Mar 2021 53.70 55.70 64.30 49.55 1.822 times
25 Thu Feb 2021 55.50 53.00 65.20 51.15 0.173 times
21 Wed Oct 2020 66.80 43.45 73.60 42.60 6.433 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 Bal Pharma (BALPHARMA)

Indicator Name Indicator Value Indicator Signal
ADX 29, 15, 31 Buy
MACD 3, 2Buy
Stochastics 64None
CCI 58Sell
RSI 56Buy
OBV 1065910Sell
VWAP 62Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

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 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 62.32 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.

Click here for Bal Pharma charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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