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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 2024-08-12 View latest technical analysis

10 day averaged volume of Balaji Telefilms is 527946

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	68.47	67.12	69.35	67.12	0.445 times
09 Fri Aug 2024	69.03	70.60	71.24	68.06	0.436 times
08 Thu Aug 2024	70.25	69.40	72.85	68.28	1.062 times
07 Wed Aug 2024	68.82	68.10	70.14	67.47	0.571 times
06 Tue Aug 2024	66.64	68.00	70.53	66.11	0.717 times
05 Mon Aug 2024	67.27	69.80	71.31	67.00	0.92 times
02 Fri Aug 2024	72.64	70.00	74.89	69.80	1.405 times
01 Thu Aug 2024	70.52	73.89	74.05	70.05	0.481 times
31 Wed Jul 2024	73.51	73.27	74.58	72.45	0.735 times
30 Tue Jul 2024	72.78	72.95	75.00	71.95	1.215 times

My analysis of stock is bearish for shortterm, and stock might move down till 67.1 or till 64.3. Use a stoploss of 69.37 and if the stock hits stoploss, then it can shoot up till 71.69

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type	Value
Downside Target	58.35
Downside Target	62.53
Downside Target	64.65
Upside Target	69.35
Upside Target	71.90
Upside Target	72.85
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	67.28
Downside Intraday Target	66.08
Upside Intraday Target	69.51
Upside Intraday Target	70.54
Downside Intraday Target	68.31

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	68.47	67.12	69.35	67.12	0.12 times
09 Fri Aug 2024	69.03	69.80	72.85	66.11	0.589 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

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
12 Mon Aug 2024	68.47	73.89	74.89	66.11	0.327 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 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 70.44 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 has given negative 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.