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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 2024-08-05 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 506224

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	67.27	69.80	71.31	67.00	0.959 times
02 Fri Aug 2024	72.64	70.00	74.89	69.80	1.465 times
01 Thu Aug 2024	70.52	73.89	74.05	70.05	0.502 times
31 Wed Jul 2024	73.51	73.27	74.58	72.45	0.766 times
30 Tue Jul 2024	72.78	72.95	75.00	71.95	1.267 times
29 Mon Jul 2024	72.32	70.89	77.51	70.70	2.565 times
26 Fri Jul 2024	70.47	70.20	72.50	69.73	1.132 times
25 Thu Jul 2024	70.42	67.70	71.00	67.21	0.711 times
24 Wed Jul 2024	67.92	65.30	69.00	65.17	0.655 times
23 Tue Jul 2024	65.16	66.75	68.01	62.53	0.654 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.3, but if it comes above 67.3, then a intra day buy could be more profitable.
If you take a sell trade below 67.3, then use 67.3 as stoploss and 64.3 as target. However if you take a buy trade in stock , then use 67.3 as stoploss and 69.67 as target.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	62.53
Downside Target	64.26
Downside Target	67.00
Upside Target	69.80
Upside Target	71.31
Upside Target	74.49
Upside Target	74.89
Upside Target	75.00
Upside Target	77.51
Upside Target	83.65
Upside Target	88.85

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Intraday Target	65.74
Downside Intraday Target	64.22
Upside Intraday Target	70.05
Upside Intraday Target	72.84
Upside Intraday Target	68.53

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	67.27	69.80	71.31	67.00	0.146 times
02 Fri Aug 2024	72.64	70.89	77.51	69.80	1.911 times
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

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
05 Mon Aug 2024	67.27	73.89	74.89	67.00	0.152 times
31 Wed Jul 2024	73.51	70.99	77.51	62.53	1.37 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

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 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 mid to longer 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.

ADX buy sell signal for Balaji Telefilms stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 70.93 and Balaji Telefilms (BALAJITELE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.