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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 2025-04-24 View latest technical analysis

10 day averaged volume of Balu Forge is 834648

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	583.20	579.90	589.00	577.00	0.384 times
23 Wed Apr 2025	578.65	597.15	602.95	575.00	0.63 times
22 Tue Apr 2025	595.80	605.00	609.00	591.55	0.656 times
21 Mon Apr 2025	602.30	615.00	624.40	581.00	0.819 times
17 Thu Apr 2025	609.70	587.00	629.00	582.05	1.096 times
16 Wed Apr 2025	599.90	634.50	648.00	572.40	2.786 times
15 Tue Apr 2025	636.00	640.00	644.40	631.00	0.461 times
11 Fri Apr 2025	627.75	644.65	644.65	623.95	0.609 times
09 Wed Apr 2025	614.10	593.45	627.00	577.35	0.904 times
08 Tue Apr 2025	595.80	565.00	602.35	564.95	1.054 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 587.7, but if it comes above 587.7, then a intra day buy could be more profitable.
If you take a sell trade below 587.7, then use 587.7 as stoploss and 554.2 as target. However if you take a buy trade in stock , then use 587.7 as stoploss and 615.63 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	564
Downside Intraday Target	544.8
Upside Intraday Target	613.4
Upside Intraday Target	643.6
Upside Intraday Target	594.2

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	583.20	615.00	624.40	575.00	0.573 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
24 Thu Apr 2025	583.20	624.00	677.00	547.60	0.555 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 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 moving up

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 but buying is losing 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 603.34 and Balu Forge (BALUFORGE) stock is trading below this level. This means that stock is falling with high volumes. 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.