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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 2024-05-03 View latest technical analysis

10 day averaged volume of Bal Pharma is 17594

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	100.50	102.00	103.20	99.60	0.574 times
02 Thu May 2024	102.85	99.05	106.00	98.60	3.421 times
30 Tue Apr 2024	99.05	100.45	101.75	98.50	0.93 times
29 Mon Apr 2024	100.45	102.50	102.50	99.60	0.761 times
26 Fri Apr 2024	100.30	98.40	100.65	98.40	0.511 times
25 Thu Apr 2024	98.30	100.20	101.75	97.10	1.267 times
24 Wed Apr 2024	100.60	101.00	103.95	100.00	0.357 times
23 Tue Apr 2024	101.25	98.30	102.00	98.30	0.728 times
22 Mon Apr 2024	98.30	98.55	99.75	98.00	0.463 times
19 Fri Apr 2024	97.70	100.15	100.25	96.15	0.556 times

My analysis of stock is bearish for shortterm, and stock might move down till 98.9 or till 96.7. Use a stoploss of 100.66 and if the stock hits stoploss, then it can shoot up till 102.44

Share price targets for Bal Pharma (BALPHARMA)

Target Type	Value
Downside Target	88.95
Downside Target	92.40
Downside Target	96.15
Upside Target	103.00
Upside Target	105.85
Upside Target	106.00
Upside Target	108.00
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	97.33
Downside Intraday Target	94.17
Upside Intraday Target	104.83
Upside Intraday Target	109.17
Upside Intraday Target	101.67

Weekly technical analysis of Bal Pharma (BALPHARMA)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	100.50	102.50	106.00	98.50	1.709 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 up 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
03 Fri May 2024	100.50	99.05	106.00	98.60	0.254 times
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

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 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 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 BUY. 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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 100.68 and Bal Pharma (BALPHARMA) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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