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(BALUFORGE) Balu Forge complete technical analysis [charts+indicators] | Buy/Sell Balu Forge | (BALUFORGE) share price targets

Complete technical analysis of Balu Forge (BALUFORGE) by charts plus indicators, forecast predictions and share price targets for Balu Forge (BALUFORGE)

10 day averaged volume of Balu Forge is 571954

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	787.90	742.45	805.00	738.10	1.168 times
27 Fri Dec 2024	742.45	759.70	763.90	740.25	0.474 times
26 Thu Dec 2024	757.80	763.00	763.75	743.10	0.419 times
24 Tue Dec 2024	763.25	786.00	788.95	760.15	0.617 times
23 Mon Dec 2024	787.40	775.00	798.70	761.00	0.667 times
20 Fri Dec 2024	771.95	804.70	814.85	755.00	0.644 times
19 Thu Dec 2024	803.10	797.05	817.95	790.00	0.833 times
18 Wed Dec 2024	819.85	832.70	867.70	811.95	2.766 times
17 Tue Dec 2024	831.35	820.00	840.00	809.00	1.608 times
16 Mon Dec 2024	821.00	797.00	825.00	780.10	1.098 times

My analysis of stock is bearish for shortterm, and stock might move down till 757.7 or till 719.9. Use a stoploss of 789.12 and if the stock hits stoploss, then it can shoot up till 820.59

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	460.00
Downside Target	669.50
Downside Target	711.30
Downside Target	783.50
Upside Target	821.00
Upside Target	828.00
Upside Target	849.70
Upside Target	852.85
Upside Target	867.70
Upside Target	873.90
Upside Target	886.95

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	749
Downside Intraday Target	710.1
Upside Intraday Target	815.9
Upside Intraday Target	843.9
Downside Intraday Target	777

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	787.90	742.45	805.00	738.10	0.536 times
27 Fri Dec 2024	742.45	775.00	798.70	740.25	0.313 times
20 Fri Dec 2024	771.95	797.00	867.70	755.00	0.978 times
13 Fri Dec 2024	799.25	812.00	852.85	783.50	1.17 times
06 Fri Dec 2024	806.75	744.25	828.00	732.50	1.455 times

Price has moved up 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 Balu Forge (BALUFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	787.90	744.25	867.70	732.50	1.655 times
29 Fri Nov 2024	744.25	756.50	821.00	711.30	0.595 times
31 Thu Oct 2024	750.30	781.95	873.90	669.50	0.642 times
30 Mon Sep 2024	779.15	754.40	886.95	721.10	0.68 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 Balu Forge (BALUFORGE)

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

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

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

Balu Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Balu Forge in short term but BUY 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 Balu Forge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 802.2 and Balu Forge (BALUFORGE) 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 Balu Forge (BALUFORGE) stock. Volume based technical analysis of Balu Forge (BALUFORGE) stock is negative.

Balu Forge Stock has given negative 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.