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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 2024-03-19 View latest technical analysis

10 day averaged volume of Bal Pharma is 23233

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	94.25	95.00	97.00	93.45	0.478 times
18 Mon Mar 2024	95.65	93.20	98.90	93.20	0.593 times
15 Fri Mar 2024	94.70	98.85	98.85	93.55	0.683 times
14 Thu Mar 2024	96.25	93.00	97.25	92.00	1.317 times
13 Wed Mar 2024	90.70	100.00	100.00	88.95	3.021 times
12 Tue Mar 2024	100.30	104.00	107.40	97.55	0.704 times
11 Mon Mar 2024	104.50	106.00	107.80	104.00	0.579 times
07 Thu Mar 2024	106.90	106.60	109.10	106.00	0.448 times
06 Wed Mar 2024	106.60	108.20	110.50	104.50	0.999 times
05 Tue Mar 2024	108.90	111.00	113.90	108.00	1.046 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 88.1 as target. However if you take a buy trade in stock , then use 98.4 as stoploss and 107.05 as target.

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	86.10
Downside Target	88.95
Downside Target	93.20
Upside Target	96.45
Upside Target	98.90
Upside Target	104.50
Upside Target	107.80
Upside Target	113.90
Upside Target	116.00
Upside Target	118.35
Upside Target	119.80
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	92
Downside Intraday Target	89.75
Upside Intraday Target	97.7
Upside Intraday Target	101.15
Upside Intraday Target	95.45

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	94.25	93.20	98.90	93.20	0.17 times
15 Fri Mar 2024	94.70	106.00	107.80	88.95	2.032 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

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
19 Tue Mar 2024	94.25	109.95	116.00	88.95	0.19 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 97.96 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.