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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 2024-08-07 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 545177

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	68.82	68.10	70.14	67.47	0.553 times
06 Tue Aug 2024	66.64	68.00	70.53	66.11	0.694 times
05 Mon Aug 2024	67.27	69.80	71.31	67.00	0.891 times
02 Fri Aug 2024	72.64	70.00	74.89	69.80	1.361 times
01 Thu Aug 2024	70.52	73.89	74.05	70.05	0.466 times
31 Wed Jul 2024	73.51	73.27	74.58	72.45	0.711 times
30 Tue Jul 2024	72.78	72.95	75.00	71.95	1.176 times
29 Mon Jul 2024	72.32	70.89	77.51	70.70	2.381 times
26 Fri Jul 2024	70.47	70.20	72.50	69.73	1.051 times
25 Thu Jul 2024	70.42	67.70	71.00	67.21	0.66 times

My analysis of stock is bearish for shortterm, and stock might move down till 66.9 or till 64.1. Use a stoploss of 69.24 and if the stock hits stoploss, then it can shoot up till 71.59

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	62.53
Downside Target	64.26
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	66.18
Downside Intraday Target	63.55
Upside Intraday Target	71.38
Upside Intraday Target	73.95
Downside Intraday Target	68.75

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	68.82	69.80	71.31	66.11	0.351 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
07 Wed Aug 2024	68.82	73.89	74.89	66.11	0.222 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 to mid 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 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 losing momentum.

MACD generated a SELL signal for Balaji Telefilms in short term and the sell signal is strong.

Balaji Telefilms Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 71.05 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 positive

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