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(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 11739

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	99.05	100.45	101.75	98.50	1.393 times
29 Mon Apr 2024	100.45	102.50	102.50	99.60	1.141 times
26 Fri Apr 2024	100.30	98.40	100.65	98.40	0.766 times
25 Thu Apr 2024	98.30	100.20	101.75	97.10	1.899 times
24 Wed Apr 2024	100.60	101.00	103.95	100.00	0.536 times
23 Tue Apr 2024	101.25	98.30	102.00	98.30	1.091 times
22 Mon Apr 2024	98.30	98.55	99.75	98.00	0.694 times
19 Fri Apr 2024	97.70	100.15	100.25	96.15	0.834 times
18 Thu Apr 2024	100.10	100.50	103.00	99.60	1.507 times
16 Tue Apr 2024	98.35	98.00	101.00	96.95	1.033 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 98.4 as stoploss in an intra day buy trade for a target of 100.33. However, stock will show a bearish move below 98.4.

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	88.95
Downside Target	92.40
Downside Target	96.15
Upside Target	102.50
Upside Target	104.95
Upside Target	105.85
Upside Target	108.00
Upside Target	113.90
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	97.53
Downside Intraday Target	96.02
Upside Intraday Target	101.53
Upside Intraday Target	104.02
Upside Intraday Target	100.02

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	99.05	102.50	102.50	98.50	0.508 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
05 Fri Apr 2024	103.25	92.40	104.95	92.40	1.193 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
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
31 Wed Jan 2024	126.25	102.60	127.80	99.45	3.72 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 Bal Pharma (BALPHARMA)

Price action analysis of Bal Pharma ( (BALPHARMA) ) 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 Bal Pharma ( (BALPHARMA) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bal Pharma ( (BALPHARMA) ) based on a short to mid 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 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.

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

Bal Pharma Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Bal Pharma 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 99.38 and Bal Pharma (BALPHARMA) 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 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 positive

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