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(BALAJITELE) Balaji Telefilms complete technical analysis [charts+indicators] | Buy/Sell Balaji Telefilms | (BALAJITELE) share price targets

Complete technical analysis of Balaji Telefilms (BALAJITELE) by charts plus indicators, forecast predictions and share price targets for Balaji Telefilms (BALAJITELE)

Balaji Telefilms trades in NSE in Broadcasting & Cable TV sector.

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 127065

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	70.50	72.00	70.00	0.814 times
23 Thu May 2024	70.45	71.55	72.10	70.15	1.138 times
22 Wed May 2024	72.15	71.15	73.15	70.10	1.375 times
21 Tue May 2024	70.80	71.10	72.40	70.50	0.808 times
18 Sat May 2024	72.40	71.00	74.00	70.80	0.361 times
17 Fri May 2024	70.65	69.00	71.30	68.85	0.97 times
16 Thu May 2024	70.00	71.65	71.65	69.50	1.22 times
15 Wed May 2024	71.15	71.50	73.00	70.30	0.843 times
14 Tue May 2024	71.50	70.85	72.00	70.00	0.903 times
13 Mon May 2024	68.95	72.00	72.00	68.05	1.638 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 69.8 as stoploss in an intra day buy trade for a target of 74. However, stock will show a bearish move below 69.8.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	68.05
Downside Target	70.00
Upside Target	73.15
Upside Target	78.30
Upside Target	79.90
Upside Target	83.65
Upside Target	84.35
Upside Target	88.30
Upside Target	88.85
Upside Target	100.80
Upside Target	128.40
Upside Target	143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	69.62
Downside Intraday Target	68.23
Upside Intraday Target	72.77
Upside Intraday Target	74.53
Upside Intraday Target	71.38

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	71.10	73.15	70.00	0.697 times
18 Sat May 2024	72.40	72.00	74.00	68.05	0.919 times
10 Fri May 2024	71.15	79.70	79.90	70.55	0.962 times
03 Fri May 2024	78.70	84.35	84.35	78.30	1.029 times
26 Fri Apr 2024	80.35	78.95	80.35	76.00	1.463 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 Balaji Telefilms (BALAJITELE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	71.00	83.15	83.65	68.05	0.474 times
30 Tue Apr 2024	81.70	77.50	88.85	75.00	0.349 times
28 Thu Mar 2024	73.85	124.20	128.40	73.50	0.354 times
29 Thu Feb 2024	124.20	88.45	143.70	88.30	1.198 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 Balaji Telefilms (BALAJITELE)

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) 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 Balaji Telefilms ( (BALAJITELE) ) 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 Balaji Telefilms ( (BALAJITELE) ) 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 Balaji Telefilms stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Balaji Telefilms in short term but the buy signal is initial and weak.

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

Balaji Telefilms 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Balaji Telefilms in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Balaji Telefilms is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.7 and Balaji Telefilms (BALAJITELE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Balaji Telefilms (BALAJITELE) stock. Volume based technical analysis of Balaji Telefilms (BALAJITELE) stock is negative.

Balaji Telefilms 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.