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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.

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Bal Pharma is 21686

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	96.25	93.00	97.25	92.00	1.411 times
13 Wed Mar 2024	90.70	100.00	100.00	88.95	3.237 times
12 Tue Mar 2024	100.30	104.00	107.40	97.55	0.754 times
11 Mon Mar 2024	104.50	106.00	107.80	104.00	0.62 times
07 Thu Mar 2024	106.90	106.60	109.10	106.00	0.479 times
06 Wed Mar 2024	106.60	108.20	110.50	104.50	1.07 times
05 Tue Mar 2024	108.90	111.00	113.90	108.00	1.121 times
04 Mon Mar 2024	111.80	113.85	115.60	111.20	0.653 times
02 Sat Mar 2024	115.65	112.00	116.00	108.00	0.611 times
01 Fri Mar 2024	112.45	109.95	114.40	109.90	0.814 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 93.2, for a target of 102.9 or 110.94

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	86.10
Downside Target	88.95
Upside Target	96.45
Upside Target	99.45
Upside Target	104.50
Upside Target	107.80
Upside Target	113.90
Upside Target	118.35
Upside Target	119.80
Upside Target	125.90
Upside Target	126.00
Upside Target	127.80
Upside Target	132.45

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Intraday Target	87.53
Downside Intraday Target	78.82
Upside Intraday Target	106.38
Upside Intraday Target	116.52
Upside Intraday Target	97.67

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	96.25	106.00	107.80	88.95	1.812 times
07 Thu Mar 2024	106.90	113.85	115.60	104.50	0.534 times
02 Sat Mar 2024	115.65	116.35	119.80	108.00	0.798 times
23 Fri Feb 2024	116.70	121.00	126.00	115.50	0.756 times
16 Fri Feb 2024	120.50	125.90	125.90	108.00	0.486 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bal Pharma (BALPHARMA)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	96.25	109.95	116.00	88.95	0.162 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
29 Fri Dec 2023	100.05	107.65	113.90	96.45	0.301 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Bal Pharma stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bal Pharma in short term and the sell signal is strong.

Bal Pharma 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 moving up

CCI has generated a buy signal for Bal Pharma in short term but BUY 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 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 101.43 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 negative.

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