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(BALMLAWRIE) Balmer Lawrie complete technical analysis [charts+indicators] | Buy/Sell Balmer Lawrie | (BALMLAWRIE) share price targets

Complete technical analysis of Balmer Lawrie (BALMLAWRIE) by charts plus indicators, forecast predictions and share price targets for Balmer Lawrie (BALMLAWRIE)

Balmer Lawrie trades in NSE in Diversified sector.

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 774864

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	259.55	256.80	265.85	252.00	1.819 times
05 Fri Apr 2024	256.25	244.10	260.25	241.70	1.833 times
04 Thu Apr 2024	245.20	252.50	252.55	244.25	0.554 times
03 Wed Apr 2024	249.45	250.55	252.45	248.00	0.53 times
02 Tue Apr 2024	250.65	251.00	256.40	248.00	0.874 times
01 Mon Apr 2024	249.35	240.00	253.25	239.10	1.428 times
28 Thu Mar 2024	238.40	240.25	244.80	237.80	0.821 times
27 Wed Mar 2024	237.00	227.50	241.10	227.50	1.176 times
26 Tue Mar 2024	226.45	225.75	233.95	225.40	0.659 times
22 Fri Mar 2024	229.85	227.05	231.90	224.15	0.753 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 248.6, but if it comes below 248.6, then a intra day sell could be more profitable.
If you take a sell trade below 248.6, then use 248.6 as stoploss and 232.82 as target. However if you take a buy trade in stock , then use 248.6 as stoploss and 267.5 as target.

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	157.00
Downside Target	202.00
Downside Target	207.15
Downside Target	215.55
Downside Target	225.40
Downside Target	231.90
Downside Target	239.10
Downside Target	251.50
Downside Target	252.00
Upside Target	260.25
Upside Target	265.85
Upside Target	290.70
Upside Target	291.00

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	252.42
Downside Intraday Target	245.28
Upside Intraday Target	266.27
Upside Intraday Target	272.98
Downside Intraday Target	259.13

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	259.55	256.80	265.85	252.00	0.349 times
05 Fri Apr 2024	256.25	240.00	260.25	239.10	1.965 times
28 Thu Mar 2024	238.40	225.75	244.80	225.40	0.652 times
22 Fri Mar 2024	229.85	219.90	231.90	207.15	0.665 times
15 Fri Mar 2024	219.20	244.00	244.00	202.00	2.774 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 Balmer Lawrie (BALMLAWRIE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	259.55	240.00	265.85	239.10	0.449 times
28 Thu Mar 2024	238.40	246.70	251.50	202.00	0.587 times
29 Thu Feb 2024	243.95	287.05	291.00	233.95	0.323 times
31 Wed Jan 2024	284.80	218.95	290.70	215.55	0.785 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 Balmer Lawrie (BALMLAWRIE)

Price action analysis of Balmer Lawrie ( (BALMLAWRIE) ) 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 Balmer Lawrie ( (BALMLAWRIE) ) based on a short 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 Balmer Lawrie ( (BALMLAWRIE) ) 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 Balmer Lawrie ( (BALMLAWRIE) ) 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 Balmer Lawrie stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Balmer Lawrie in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balmer Lawrie Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a buy signal for Balmer Lawrie 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 Balmer Lawrie is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 247.13 and Balmer Lawrie (BALMLAWRIE) 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 Balmer Lawrie (BALMLAWRIE) stock. Volume based technical analysis of Balmer Lawrie (BALMLAWRIE) stock is negative.

Balmer Lawrie 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.