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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 2025-02-10 View latest technical analysis

10 day averaged volume of Balu Forge is 1043267

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	641.90	671.20	679.00	622.50	1.129 times
07 Fri Feb 2025	653.65	645.10	668.00	631.70	3.072 times
06 Thu Feb 2025	643.55	625.00	657.00	616.30	0.896 times
05 Wed Feb 2025	627.65	617.90	655.95	617.00	0.792 times
04 Tue Feb 2025	613.45	606.00	616.90	600.00	0.491 times
03 Mon Feb 2025	594.45	609.00	623.75	591.00	0.478 times
31 Fri Jan 2025	607.90	568.00	617.60	564.80	0.819 times
30 Thu Jan 2025	562.35	602.65	602.65	557.35	0.764 times
29 Wed Jan 2025	596.55	540.00	610.00	538.40	1.025 times
28 Tue Jan 2025	538.40	592.00	610.00	512.85	0.893 times

My analysis of stock is bullish for shortterm, and stock might move up till 686.3 or till 743.6. Use a stoploss of 638.52 and if this stock hits its stoploss, then it can fall down till 590.74

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	512.85
Downside Target	591.00
Downside Target	621.80
Upside Target	668.00
Upside Target	711.30
Upside Target	716.00
Upside Target	727.10
Upside Target	732.50
Upside Target	817.90
Upside Target	821.00
Upside Target	867.70
Upside Target	873.90

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	616.6
Downside Intraday Target	591.3
Upside Intraday Target	673.1
Upside Intraday Target	704.3
Upside Intraday Target	647.8

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Feb 2025	641.90	671.20	679.00	622.50	0.197 times
07 Fri Feb 2025	653.65	609.00	668.00	591.00	1.341 times
31 Fri Jan 2025	607.90	625.70	625.70	512.85	2.267 times
24 Fri Jan 2025	625.65	709.60	716.00	621.80	1.009 times
17 Fri Jan 2025	705.95	685.20	727.10	631.60	1.343 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
10 Mon Feb 2025	641.90	609.00	679.00	591.00	0.678 times
31 Fri Jan 2025	607.90	791.00	817.90	512.85	0.771 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

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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Balu Forge 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.

Balu Forge 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 coming down

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

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

MRSI is in negative zone. This is the SELL 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 618.93 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 rising upwards.

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 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.