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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 2025-03-24 View latest technical analysis

10 day averaged volume of Balu Forge is 1173726

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	654.45	632.00	673.70	617.00	3.827 times
21 Fri Mar 2025	601.75	501.25	602.55	501.25	3.954 times
20 Thu Mar 2025	502.15	518.70	528.00	498.95	0.772 times
19 Wed Mar 2025	513.65	467.70	522.80	467.70	1.293 times
18 Tue Mar 2025	464.35	441.00	473.75	440.80	0.743 times
17 Mon Mar 2025	435.60	448.00	453.85	433.00	0.432 times
13 Thu Mar 2025	445.95	454.00	463.60	444.95	0.43 times
12 Wed Mar 2025	451.35	459.55	474.25	448.40	0.533 times
11 Tue Mar 2025	457.95	464.00	466.00	447.55	0.526 times
10 Mon Mar 2025	470.40	499.00	508.20	466.05	0.392 times

Stock of Balu Forge (BALUFORGE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 610.3, for a target of 547 or 494.19

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	428.40
Downside Target	444.95
Downside Target	458.95
Downside Target	508.20
Downside Target	537.95
Downside Target	602.55
Downside Target	617.00
Upside Target	673.70
Upside Target	679.00
Upside Target	711.30
Upside Target	732.50
Upside Target	817.90
Upside Target	821.00
Upside Target	867.70

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	623.07
Downside Intraday Target	591.68
Upside Intraday Target	679.77
Upside Intraday Target	705.08
Downside Intraday Target	648.38

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Mar 2025	654.45	632.00	673.70	617.00	0.532 times
21 Fri Mar 2025	601.75	448.00	602.55	433.00	3.824 times
13 Thu Mar 2025	445.95	499.00	508.20	444.95	0.475 times
07 Fri Mar 2025	496.45	486.55	514.45	428.40	2.092 times
28 Fri Feb 2025	477.05	524.00	537.95	458.95	0.446 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
24 Mon Mar 2025	654.45	486.55	673.70	428.40	1.14 times
28 Fri Feb 2025	477.05	609.00	679.00	458.95	1.646 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

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 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 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 Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Balu Forge in short term and BUY signal is strong.

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 567.85 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 positive

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