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(BALUFORGE) Balu Forge complete technical analysis [charts+indicators] | Buy/Sell Balu Forge | (BALUFORGE) share price targets

Complete technical analysis of Balu Forge (BALUFORGE) by charts plus indicators, forecast predictions and share price targets for Balu Forge (BALUFORGE)

Showing technical analysis as on 2025-01-03 View latest technical analysis

10 day averaged volume of Balu Forge is 350374

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	778.50	790.55	798.10	775.15	0.675 times
02 Thu Jan 2025	790.55	790.00	817.90	785.70	0.936 times
01 Wed Jan 2025	790.15	791.00	798.90	783.15	0.475 times
31 Tue Dec 2024	791.20	782.05	795.00	762.45	0.718 times
30 Mon Dec 2024	787.90	742.45	805.00	738.10	1.906 times
27 Fri Dec 2024	742.45	759.70	763.90	740.25	0.773 times
26 Thu Dec 2024	757.80	763.00	763.75	743.10	0.684 times
24 Tue Dec 2024	763.25	786.00	788.95	760.15	1.008 times
23 Mon Dec 2024	787.40	775.00	798.70	761.00	1.089 times
20 Fri Dec 2024	771.95	804.70	814.85	755.00	1.051 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 771.5 as stoploss in an intra day buy trade for a target of 795.96. However, stock will show a bearish move below 771.5.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	669.50
Downside Target	711.30
Downside Target	775.15
Upside Target	817.90
Upside Target	821.00
Upside Target	828.00
Upside Target	852.85
Upside Target	867.70
Upside Target	873.90
Upside Target	886.95

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	738.43
Downside Intraday Target	698.37
Upside Intraday Target	818.23
Upside Intraday Target	857.97
Downside Intraday Target	778.17

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	778.50	742.45	817.90	738.10	1.325 times
27 Fri Dec 2024	742.45	775.00	798.70	740.25	0.313 times
20 Fri Dec 2024	771.95	797.00	867.70	755.00	0.978 times
13 Fri Dec 2024	799.25	812.00	852.85	783.50	1.17 times
06 Fri Dec 2024	806.75	744.25	828.00	732.50	1.455 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 Balu Forge (BALUFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	778.50	791.00	817.90	775.15	0.053 times
31 Tue Dec 2024	791.20	744.25	867.70	732.50	1.686 times
29 Fri Nov 2024	744.25	756.50	821.00	711.30	0.595 times
31 Thu Oct 2024	750.30	781.95	873.90	669.50	0.642 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 Balu Forge (BALUFORGE)

Price action analysis of Balu Forge ( (BALUFORGE) ) 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 Balu Forge ( (BALUFORGE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Balu Forge ( (BALUFORGE) ) 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 Balu Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Balu Forge in short term but the sell signal is initial and weak.

Balu Forge 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Balu Forge in short term but SELL signal is weak.

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 Balu Forge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 777.34 and Balu Forge (BALUFORGE) 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 Balu Forge (BALUFORGE) stock. Volume based technical analysis of Balu Forge (BALUFORGE) stock is negative.

Balu Forge Stock has given negative 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.