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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 2024-07-26 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 330285

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	70.47	70.20	72.50	69.73	1.735 times
25 Thu Jul 2024	70.42	67.70	71.00	67.21	1.09 times
24 Wed Jul 2024	67.92	65.30	69.00	65.17	1.003 times
23 Tue Jul 2024	65.16	66.75	68.01	62.53	1.002 times
22 Mon Jul 2024	66.35	66.25	67.93	65.59	0.434 times
19 Fri Jul 2024	65.86	69.78	69.78	65.07	0.816 times
18 Thu Jul 2024	69.34	70.38	70.39	68.00	0.497 times
16 Tue Jul 2024	69.87	70.25	71.90	69.37	1.087 times
15 Mon Jul 2024	69.70	69.65	70.49	69.05	0.568 times
12 Fri Jul 2024	69.44	68.95	73.00	67.51	2.816 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 71.4 as stoploss in an intra day sell trade for a target of 69.39. However, stock will show a bullish move above 71.4.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	62.53
Downside Target	64.26
Downside Target	68.50
Upside Target	71.90
Upside Target	73.50
Upside Target	74.49
Upside Target	75.00
Upside Target	83.65
Upside Target	88.85
Upside Target	128.40

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	64.5
Downside Intraday Target	58.53
Upside Intraday Target	74.47
Upside Intraday Target	78.47
Downside Intraday Target	68.5

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	70.47	66.25	72.50	62.53	1.774 times
19 Fri Jul 2024	65.86	69.65	71.90	65.07	0.37 times
12 Fri Jul 2024	69.44	72.78	74.49	64.26	1.292 times
05 Fri Jul 2024	72.56	70.99	73.40	68.50	1.38 times
28 Fri Jun 2024	70.11	70.20	72.50	65.94	0.828 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	70.47	70.99	74.49	62.53	1.043 times
28 Fri Jun 2024	70.11	65.55	72.50	58.35	2.312 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

Scroll below to view daily charts

Price has moved up 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Balaji Telefilms stock for short term is BUY. Signal strength is Weak and stock is losing 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 68.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.