Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(LGBBROSLTD) Lg Balakrishnan complete technical analysis [charts+indicators] | Buy/Sell Lg Balakrishnan | (LGBBROSLTD) share price targets

Complete technical analysis of Lg Balakrishnan (LGBBROSLTD) by charts plus indicators, forecast predictions and share price targets for Lg Balakrishnan (LGBBROSLTD)

Lg Balakrishnan trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-03-13 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 33902

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1120.75	1140.40	1148.50	1102.00	2.698 times
12 Tue Mar 2024	1124.70	1143.00	1143.00	1114.80	0.766 times
11 Mon Mar 2024	1140.20	1169.40	1169.40	1125.10	1.184 times
07 Thu Mar 2024	1169.40	1176.00	1193.80	1161.25	2.042 times
06 Wed Mar 2024	1145.05	1162.05	1169.90	1129.60	0.863 times
05 Tue Mar 2024	1164.05	1158.60	1170.15	1150.50	0.757 times
04 Mon Mar 2024	1154.15	1180.00	1195.50	1150.05	0.789 times
02 Sat Mar 2024	1189.55	1192.65	1200.00	1182.00	0.183 times
01 Fri Mar 2024	1178.45	1140.95	1185.00	1140.90	1.197 times
29 Thu Feb 2024	1140.95	1155.65	1155.65	1119.35	0.962 times

Stock of Lg Balakrishnan (LGBBROSLTD) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1119.4, for a target of 1142.9 or 1162.52

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1054.05
Downside Target	1102.00
Upside Target	1195.50
Upside Target	1200.00
Upside Target	1203.65
Upside Target	1218.00
Upside Target	1230.00
Upside Target	1286.60
Upside Target	1305.95
Upside Target	1366.00
Upside Target	1425.00

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Intraday Target	1092.03
Downside Intraday Target	1063.32
Upside Intraday Target	1159.43
Upside Intraday Target	1198.12
Upside Intraday Target	1130.72

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1120.75	1169.40	1169.40	1102.00	1.044 times
07 Thu Mar 2024	1169.40	1180.00	1195.50	1129.60	0.934 times
02 Sat Mar 2024	1189.55	1194.00	1200.00	1119.35	1.178 times
23 Fri Feb 2024	1184.85	1177.00	1203.65	1153.05	0.62 times
16 Fri Feb 2024	1183.45	1274.65	1286.60	1136.00	1.242 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 Lg Balakrishnan (LGBBROSLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1120.75	1140.95	1200.00	1102.00	0.503 times
29 Thu Feb 2024	1140.95	1285.00	1305.95	1119.35	0.726 times
31 Wed Jan 2024	1283.10	1264.55	1425.00	1230.00	0.792 times
29 Fri Dec 2023	1258.25	1182.05	1366.00	1162.60	0.807 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 Lg Balakrishnan (LGBBROSLTD)

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Lg Balakrishnan in short term and the sell signal is strong.

Lg Balakrishnan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Lg Balakrishnan in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Lg Balakrishnan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1147.55 and Lg Balakrishnan (LGBBROSLTD) 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 Lg Balakrishnan (LGBBROSLTD) stock. Volume based technical analysis of Lg Balakrishnan (LGBBROSLTD) stock is negative.

Lg Balakrishnan 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.