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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 2024-04-03 View latest technical analysis

10 day averaged volume of Bal Pharma is 24098

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	100.00	102.40	102.40	98.70	0.663 times
02 Tue Apr 2024	99.85	96.80	100.95	96.80	0.73 times
01 Mon Apr 2024	96.80	92.40	98.40	92.40	1.039 times
28 Thu Mar 2024	91.20	95.00	96.55	90.10	1.94 times
27 Wed Mar 2024	95.15	98.00	98.85	95.00	0.983 times
26 Tue Mar 2024	98.85	98.90	101.15	98.50	0.458 times
22 Fri Mar 2024	98.90	98.25	102.00	97.50	1.331 times
21 Thu Mar 2024	97.50	94.00	98.50	94.00	2.088 times
20 Wed Mar 2024	94.45	94.10	96.90	92.85	0.399 times
19 Tue Mar 2024	94.25	95.00	97.00	93.45	0.46 times

My analysis of stock is bullish for shortterm, and stock might move up till 104.8 or till 111.7. Use a stoploss of 99.16 and if this stock hits its stoploss, then it can fall down till 93.47

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	88.95
Downside Target	92.40
Downside Target	96.45
Downside Target	99.45
Upside Target	104.50
Upside Target	107.80
Upside Target	108.00
Upside Target	113.90
Upside Target	115.60
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	94.13
Downside Intraday Target	88.27
Upside Intraday Target	104.13
Upside Intraday Target	108.27
Downside Intraday Target	98.27

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	100.00	92.40	102.40	92.40	0.719 times
28 Thu Mar 2024	91.20	98.90	101.15	90.10	0.697 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

Price has moved up 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
03 Wed Apr 2024	100.00	92.40	102.40	92.40	0.131 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 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 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 to mid 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bal Pharma in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 96.3 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 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 is giving positive 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.