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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 2024-08-23 View latest technical analysis

10 day averaged volume of Balmer Lawrie is 275580

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	274.30	276.45	278.25	273.55	0.785 times
22 Thu Aug 2024	275.50	278.00	279.60	274.90	0.793 times
21 Wed Aug 2024	277.20	273.65	278.50	272.25	1.239 times
20 Tue Aug 2024	271.90	270.00	275.00	266.85	1.071 times
19 Mon Aug 2024	268.30	265.00	270.45	265.00	0.951 times
16 Fri Aug 2024	263.00	263.00	268.80	262.25	1.089 times
14 Wed Aug 2024	263.90	266.15	267.10	260.30	0.694 times
13 Tue Aug 2024	265.70	268.90	272.90	265.00	0.863 times
12 Mon Aug 2024	266.60	265.00	269.75	262.60	0.866 times
09 Fri Aug 2024	269.10	274.00	275.90	268.00	1.466 times

My analysis of stock is bearish for shortterm, and stock might move down till 265.1 or till 253.5. Use a stoploss of 274.67 and if the stock hits stoploss, then it can shoot up till 284.28

Share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Target	213.95
Downside Target	238.65
Downside Target	254.75
Downside Target	260.00
Downside Target	272.90
Upside Target	279.60
Upside Target	281.95
Upside Target	287.70
Upside Target	293.95
Upside Target	297.50
Upside Target	299.20
Upside Target	311.50
Upside Target	320.45

Intraday share price targets for Balmer Lawrie (BALMLAWRIE)

Target Type	Value
Downside Intraday Target	266.33
Downside Intraday Target	258.37
Upside Intraday Target	280.93
Upside Intraday Target	287.57
Downside Intraday Target	272.97

Weekly technical analysis of Balmer Lawrie (BALMLAWRIE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	274.30	265.00	279.60	265.00	1.378 times
16 Fri Aug 2024	263.00	265.00	272.90	260.30	0.435 times
09 Fri Aug 2024	269.10	280.00	280.00	260.00	0.624 times
02 Fri Aug 2024	283.65	291.30	299.20	281.00	1.349 times
26 Fri Jul 2024	286.20	269.95	293.95	254.75	1.062 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
23 Fri Aug 2024	274.30	297.10	297.50	260.00	0.261 times
31 Wed Jul 2024	294.10	271.45	311.50	254.75	1.179 times
28 Fri Jun 2024	270.25	278.55	287.70	213.95	0.591 times
31 Fri May 2024	269.25	274.55	320.45	262.00	1.67 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 Balmer Lawrie (BALMLAWRIE)

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 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 mid to longer 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.

ADX buy sell signal for Balmer Lawrie stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Balmer Lawrie 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.

Balmer Lawrie Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Balmer Lawrie in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 269.72 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 negative.

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