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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 2024-05-27 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 127941

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	69.35	71.60	72.15	69.00	0.848 times
24 Fri May 2024	71.00	70.50	72.00	70.00	0.808 times
23 Thu May 2024	70.45	71.55	72.10	70.15	1.131 times
22 Wed May 2024	72.15	71.15	73.15	70.10	1.365 times
21 Tue May 2024	70.80	71.10	72.40	70.50	0.802 times
18 Sat May 2024	72.40	71.00	74.00	70.80	0.358 times
17 Fri May 2024	70.65	69.00	71.30	68.85	0.964 times
16 Thu May 2024	70.00	71.65	71.65	69.50	1.211 times
15 Wed May 2024	71.15	71.50	73.00	70.30	0.837 times
14 Tue May 2024	71.50	70.85	72.00	70.00	0.897 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 69.4, but if it comes above 69.4, then a intra day buy could be more profitable.
If you take a sell trade below 69.4, then use 69.4 as stoploss and 64.5 as target. However if you take a buy trade in stock , then use 69.4 as stoploss and 73.45 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	68.05
Upside Target	72.15
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	68.18
Downside Intraday Target	67.02
Upside Intraday Target	71.33
Upside Intraday Target	73.32
Upside Intraday Target	70.17

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	69.35	71.60	72.15	69.00	0.206 times
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

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
27 Mon May 2024	69.35	83.15	83.65	68.05	0.496 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 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 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 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 Strong 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 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 Balaji Telefilms in short term and SELL signal is strong!

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 Balaji Telefilms is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 70.88 and Balaji Telefilms (BALAJITELE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.