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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 2025-01-14 View latest technical analysis

10 day averaged volume of Balu Forge is 313869

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	692.25	647.50	701.00	636.30	1.227 times
13 Mon Jan 2025	641.25	685.20	713.60	631.60	2.25 times
10 Fri Jan 2025	702.00	743.05	753.30	691.00	1.968 times
09 Thu Jan 2025	743.05	741.25	752.00	734.60	0.409 times
08 Wed Jan 2025	741.10	759.00	759.95	739.05	0.488 times
07 Tue Jan 2025	757.85	742.00	767.90	741.95	0.636 times
06 Mon Jan 2025	739.95	783.75	783.85	733.20	1.12 times
03 Fri Jan 2025	778.50	790.55	798.10	775.15	0.754 times
02 Thu Jan 2025	790.55	790.00	817.90	785.70	1.045 times
01 Wed Jan 2025	790.15	791.00	798.90	783.15	0.53 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 717.6, but if it comes above 717.6, then a intra day buy could be more profitable.
If you take a sell trade below 717.6, then use 717.6 as stoploss and 664.8 as target. However if you take a buy trade in stock , then use 717.6 as stoploss and 761.65 as target.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	631.60
Downside Target	669.50
Downside Target	691.00
Upside Target	711.30
Upside Target	783.85
Upside Target	817.90
Upside Target	821.00
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	644.7
Downside Intraday Target	597.15
Upside Intraday Target	726.7
Upside Intraday Target	761.15
Downside Intraday Target	679.15

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	692.25	685.20	713.60	631.60	0.752 times
10 Fri Jan 2025	702.00	783.75	783.85	691.00	0.879 times
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

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 Balu Forge (BALUFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	692.25	791.00	817.90	631.60	0.239 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 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 Balu Forge ( (BALUFORGE) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Balu Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Balu Forge is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 717.55 and Balu Forge (BALUFORGE) 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 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 negative.

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