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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 2025-05-08 View latest technical analysis

10 day averaged volume of Balu Forge is 497373

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	524.50	544.00	555.00	519.00	0.808 times
07 Wed May 2025	534.60	516.00	542.00	509.85	1.138 times
06 Tue May 2025	531.00	553.75	557.45	523.50	0.825 times
05 Mon May 2025	553.75	540.00	559.00	537.45	0.831 times
02 Fri May 2025	534.75	512.00	551.00	505.20	1.626 times
30 Wed Apr 2025	511.90	540.00	540.05	510.00	0.862 times
29 Tue Apr 2025	537.55	552.95	560.65	529.05	0.945 times
28 Mon Apr 2025	548.30	539.20	570.00	539.20	0.911 times
25 Fri Apr 2025	547.15	580.00	584.00	538.00	1.16 times
24 Thu Apr 2025	583.20	579.90	589.00	577.00	0.645 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 534, but if it comes above 534, then a intra day buy could be more profitable.
If you take a sell trade below 534, then use 534 as stoploss and 489.9 as target. However if you take a buy trade in stock , then use 534 as stoploss and 570.72 as target.

Share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Target	428.40
Downside Target	458.95
Downside Target	505.20
Upside Target	538.00
Upside Target	559.00
Upside Target	624.40
Upside Target	644.65
Upside Target	648.00
Upside Target	673.70
Upside Target	677.00
Upside Target	679.00
Upside Target	817.90

Intraday share price targets for Balu Forge (BALUFORGE)

Target Type	Value
Downside Intraday Target	503.23
Downside Intraday Target	481.97
Upside Intraday Target	552.38
Upside Intraday Target	580.27
Upside Intraday Target	531.12

Weekly technical analysis of Balu Forge (BALUFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	524.50	540.00	559.00	509.85	0.829 times
02 Fri May 2025	534.75	539.20	570.00	505.20	0.814 times
25 Fri Apr 2025	547.15	615.00	624.40	538.00	0.732 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

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
08 Thu May 2025	524.50	512.00	559.00	505.20	0.173 times
30 Wed Apr 2025	511.90	624.00	677.00	510.00	0.636 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

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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Balu Forge stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 539.38 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.