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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)

10 day averaged volume of Balu Forge is 636761

Date Daily Closing Price Open High Low Volume
14 Wed May 2025 618.65 610.00 624.00 588.00 2.677 times
13 Tue May 2025 604.45 567.00 609.00 559.40 1.872 times
12 Mon May 2025 563.40 545.00 563.40 535.00 1.925 times
09 Fri May 2025 512.20 505.00 519.70 505.00 0.709 times
08 Thu May 2025 524.50 544.00 555.00 519.00 0.631 times
07 Wed May 2025 534.60 516.00 542.00 509.85 0.889 times
06 Tue May 2025 531.00 553.75 557.45 523.50 0.644 times
05 Mon May 2025 553.75 540.00 559.00 537.45 0.649 times
02 Fri May 2025 534.75 512.00 551.00 505.20 1.27 times
30 Wed Apr 2025 511.90 540.00 540.05 510.00 0.673 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 603.3, but if it comes below 603.3, then a intra day sell could be more profitable.
If you take a sell trade below 603.3, then use 603.3 as stoploss and 566.39 as target. However if you take a buy trade in stock , then use 603.3 as stoploss and 647.6 as target.

Share price targets for Balu Forge (BALUFORGE)

Target Type Value
Downside Target 428.40
Downside Target 458.95
Downside Target 505.00
Downside Target 535.00
Downside Target 559.00
Upside Target 624.00
Upside Target 624.40
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 561.1
Downside Intraday Target 503.55
Upside Intraday Target 650.1
Upside Intraday Target 681.55
Downside Intraday Target 592.55

Weekly technical analysis of Balu Forge (BALUFORGE)

Date Weekly Closing Price Open High Low Volume
14 Wed May 2025 618.65 545.00 624.00 535.00 1.838 times
09 Fri May 2025 512.20 540.00 559.00 505.00 1.038 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balu Forge (BALUFORGE)

Date Monthly Closing Price Open High Low Volume
14 Wed May 2025 618.65 512.00 624.00 505.00 0.478 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a short to mid 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 mid to longer 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.

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 green color and prices are above the green 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 but buying 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 566.76 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.

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balu Forge ( (BALUFORGE) ) based on a short to mid 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 mid to longer 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.

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 green color and prices are above the green 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 but buying 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 566.76 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.

Click here for Balu Forge charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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