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(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 2024-04-04 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 28191

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1258.75	1267.10	1282.95	1252.05	1.059 times
03 Wed Apr 2024	1267.10	1269.15	1276.00	1260.00	0.759 times
02 Tue Apr 2024	1263.85	1249.40	1273.35	1243.35	0.939 times
01 Mon Apr 2024	1250.40	1271.00	1285.00	1230.00	1.801 times
28 Thu Mar 2024	1270.90	1273.00	1278.85	1247.60	1.14 times
27 Wed Mar 2024	1262.45	1269.90	1270.00	1243.15	0.853 times
26 Tue Mar 2024	1252.15	1210.00	1265.80	1210.00	1.43 times
22 Fri Mar 2024	1201.15	1190.00	1209.95	1181.50	0.618 times
21 Thu Mar 2024	1183.10	1157.75	1189.05	1152.00	0.858 times
20 Wed Mar 2024	1154.60	1144.55	1167.00	1131.65	0.773 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1245.4, but if it comes below 1245.4, then a intra day sell could be more profitable.
If you take a sell trade below 1245.4, then use 1245.4 as stoploss and 1191.64 as target. However if you take a buy trade in stock , then use 1245.4 as stoploss and 1309.9 as target.

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Downside Target	1162.60
Downside Target	1195.50
Downside Target	1230.00
Upside Target	1278.85
Upside Target	1285.00
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	1230.83
Downside Intraday Target	1202.92
Upside Intraday Target	1285.83
Upside Intraday Target	1312.92
Downside Intraday Target	1257.92

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	1258.75	1271.00	1285.00	1230.00	1.331 times
28 Thu Mar 2024	1270.90	1210.00	1278.85	1210.00	0.806 times
22 Fri Mar 2024	1201.15	1156.10	1209.95	1120.05	0.595 times
15 Fri Mar 2024	1157.35	1169.40	1169.40	1102.00	1.333 times
07 Thu Mar 2024	1169.40	1180.00	1195.50	1129.60	0.934 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
04 Thu Apr 2024	1258.75	1271.00	1285.00	1230.00	0.209 times
28 Thu Mar 2024	1270.90	1140.95	1278.85	1102.00	0.87 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

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 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Lg Balakrishnan 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.

Lg Balakrishnan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Lg Balakrishnan 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 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 1241.41 and Lg Balakrishnan (LGBBROSLTD) 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 Lg Balakrishnan (LGBBROSLTD) stock. Volume based technical analysis of Lg Balakrishnan (LGBBROSLTD) stock is negative.

Lg Balakrishnan 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.