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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 2024-03-26 View latest technical analysis

10 day averaged volume of Bal Pharma is 26334

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	98.85	98.90	101.15	98.50	0.419 times
22 Fri Mar 2024	98.90	98.25	102.00	97.50	1.218 times
21 Thu Mar 2024	97.50	94.00	98.50	94.00	1.911 times
20 Wed Mar 2024	94.45	94.10	96.90	92.85	0.365 times
19 Tue Mar 2024	94.25	95.00	97.00	93.45	0.421 times
18 Mon Mar 2024	95.65	93.20	98.90	93.20	0.523 times
15 Fri Mar 2024	94.70	98.85	98.85	93.55	0.603 times
14 Thu Mar 2024	96.25	93.00	97.25	92.00	1.162 times
13 Wed Mar 2024	90.70	100.00	100.00	88.95	2.666 times
12 Tue Mar 2024	100.30	104.00	107.40	97.55	0.621 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 95.5 as stoploss in an intra day buy trade for a target of 103.11. However, stock will show a bearish move below 95.5.

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	86.10
Downside Target	88.95
Downside Target	92.85
Downside Target	96.45
Downside Target	98.50
Upside Target	104.50
Upside Target	107.80
Upside Target	113.90
Upside Target	115.60
Upside Target	116.00
Upside Target	118.35
Upside Target	119.80
Upside Target	127.80
Upside Target	132.45

Intraday share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Intraday Target	97.85
Downside Intraday Target	96.85
Upside Intraday Target	100.5
Upside Intraday Target	102.15
Upside Intraday Target	99.5

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	98.85	98.90	101.15	98.50	0.095 times
22 Fri Mar 2024	98.90	93.20	102.00	92.85	0.798 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

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
26 Tue Mar 2024	98.85	109.95	116.00	88.95	0.261 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 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 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 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 buy signal for Bal Pharma in short term and BUY signal is strong.

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 95.41 and Bal Pharma (BALPHARMA) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.