Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BALPHARMA) Bal Pharma complete technical analysis [charts+indicators] | Buy/Sell Bal Pharma | (BALPHARMA) share price targets

Complete technical analysis of Bal Pharma (BALPHARMA) by charts plus indicators, forecast predictions and share price targets for Bal Pharma (BALPHARMA)

Bal Pharma trades in NSE in Pharmaceuticals sector.

10 day averaged volume of Bal Pharma is 20081

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	97.65	99.00	99.85	97.00	0.557 times
09 Thu May 2024	99.50	100.95	101.90	98.10	0.778 times
08 Wed May 2024	101.45	97.05	103.10	97.05	1.341 times
07 Tue May 2024	98.45	100.05	102.85	98.00	0.519 times
06 Mon May 2024	100.05	100.50	104.00	100.00	0.822 times
03 Fri May 2024	100.50	102.00	103.20	99.60	0.503 times
02 Thu May 2024	102.85	99.05	106.00	98.60	2.997 times
30 Tue Apr 2024	99.05	100.45	101.75	98.50	0.815 times
29 Mon Apr 2024	100.45	102.50	102.50	99.60	0.667 times
26 Fri Apr 2024	100.30	98.40	100.65	98.40	0.448 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.4, but if it comes above 98.4, then a intra day buy could be more profitable.
If you take a sell trade below 98.4, then use 98.4 as stoploss and 96.5 as target. However if you take a buy trade in stock , then use 98.4 as stoploss and 99.95 as target.

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	88.95
Downside Target	92.40
Downside Target	96.15
Upside Target	103.00
Upside Target	105.85
Upside Target	106.00
Upside Target	108.00
Upside Target	116.00
Upside Target	127.80
Upside Target	132.45

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Intraday Target	95.1
Downside Intraday Target	92.55
Upside Intraday Target	102.1
Upside Intraday Target	106.55
Upside Intraday Target	99.55

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	97.65	100.50	104.00	97.00	0.807 times
03 Fri May 2024	100.50	102.50	106.00	98.50	1.709 times
26 Fri Apr 2024	100.30	98.55	103.95	97.10	1.287 times
19 Fri Apr 2024	97.70	101.00	103.00	96.15	0.993 times
12 Fri Apr 2024	101.90	102.10	105.85	100.30	0.471 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 Bal Pharma (BALPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	97.65	99.05	106.00	97.00	0.546 times
30 Tue Apr 2024	99.05	92.40	105.85	92.40	0.618 times
28 Thu Mar 2024	91.20	109.95	116.00	88.95	0.31 times
29 Thu Feb 2024	109.80	127.95	132.45	108.00	0.464 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 Bal Pharma (BALPHARMA)

Price action analysis of Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bal Pharma in short term but the buy signal is initial and weak.

Bal Pharma 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bal Pharma in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Stock of Bal Pharma is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.84 and Bal Pharma (BALPHARMA) 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 Bal Pharma (BALPHARMA) stock. Volume based technical analysis of Bal Pharma (BALPHARMA) stock is negative.

Bal Pharma 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.