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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 2024-06-21 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 432868

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	69.79	71.53	72.00	69.52	0.595 times
20 Thu Jun 2024	71.53	66.60	72.50	66.60	2.421 times
19 Wed Jun 2024	66.33	66.09	68.39	66.00	0.635 times
18 Tue Jun 2024	66.03	68.05	68.95	64.17	0.5 times
14 Fri Jun 2024	67.90	68.51	69.95	67.50	0.688 times
13 Thu Jun 2024	68.51	67.95	69.25	67.95	0.358 times
12 Wed Jun 2024	67.61	67.50	70.50	66.85	0.814 times
11 Tue Jun 2024	66.47	69.80	69.95	65.22	0.811 times
10 Mon Jun 2024	69.13	69.89	70.95	66.61	1.413 times
07 Fri Jun 2024	68.55	63.45	68.55	63.00	2.034 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 70 as stoploss in an intra day sell trade for a target of 66.97. However, stock will show a bullish move above 70.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	64.17
Downside Target	68.55
Upside Target	70.00
Upside Target	73.15
Upside Target	73.50
Upside Target	75.00
Upside Target	83.65
Upside Target	88.30
Upside Target	88.85
Upside Target	128.40
Upside Target	143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	65.14
Downside Intraday Target	60.49
Upside Intraday Target	73.47
Upside Intraday Target	77.15
Downside Intraday Target	68.82

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	69.79	68.05	72.50	64.17	1.016 times
14 Fri Jun 2024	67.90	69.89	70.95	65.22	0.856 times
07 Fri Jun 2024	68.55	65.55	68.55	58.35	3.126 times
31 Fri May 2024	64.65	71.60	72.15	64.65	1.258 times
24 Fri May 2024	71.00	71.10	73.15	70.00	0.697 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 Balaji Telefilms (BALAJITELE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	69.79	65.55	72.50	58.35	1.829 times
31 Fri May 2024	64.65	83.15	83.65	64.65	0.604 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

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 Balaji Telefilms (BALAJITELE)

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 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 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 BUY. 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 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Balaji Telefilms in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 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 68.86 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 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.