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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 2025-04-23 View latest technical analysis

10 day averaged volume of Balu Forge is 986954

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	578.65	597.15	602.95	575.00	0.533 times
22 Tue Apr 2025	595.80	605.00	609.00	591.55	0.554 times
21 Mon Apr 2025	602.30	615.00	624.40	581.00	0.693 times
17 Thu Apr 2025	609.70	587.00	629.00	582.05	0.927 times
16 Wed Apr 2025	599.90	634.50	648.00	572.40	2.356 times
15 Tue Apr 2025	636.00	640.00	644.40	631.00	0.39 times
11 Fri Apr 2025	627.75	644.65	644.65	623.95	0.515 times
09 Wed Apr 2025	614.10	593.45	627.00	577.35	0.764 times
08 Tue Apr 2025	595.80	565.00	602.35	564.95	0.891 times
07 Mon Apr 2025	547.60	547.60	565.05	547.60	0.834 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 589.4, but if it comes above 589.4, then a intra day buy could be more profitable.
If you take a sell trade below 589.4, then use 589.4 as stoploss and 556.9 as target. However if you take a buy trade in stock , then use 589.4 as stoploss and 616.55 as target.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	428.40
Downside Target	458.95
Downside Target	512.85
Downside Target	547.60
Downside Target	572.40
Upside Target	598.75
Upside Target	624.40
Upside Target	644.65
Upside Target	673.70
Upside Target	677.00
Upside Target	679.00
Upside Target	732.50
Upside Target	817.90
Upside Target	867.70

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	560.97
Downside Intraday Target	543.28
Upside Intraday Target	610.37
Upside Intraday Target	642.08
Upside Intraday Target	592.68

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	578.65	615.00	624.40	575.00	0.485 times
17 Thu Apr 2025	609.70	640.00	648.00	572.40	1.223 times
11 Fri Apr 2025	627.75	547.60	644.65	547.60	0.673 times
04 Fri Apr 2025	608.45	624.00	677.00	598.75	0.533 times
28 Fri Mar 2025	639.50	632.00	673.70	602.15	0.98 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
23 Wed Apr 2025	578.65	624.00	677.00	547.60	0.541 times
28 Fri Mar 2025	639.50	486.55	673.70	428.40	1.358 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

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Balu Forge stock for short term is SELL. Signal strength is Weak and stock is gaining 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. Bears 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 and SELL 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 598.62 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 positive

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