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(LGBBROSLTD) Lg Balakrishnan complete technical analysis [charts+indicators] | Buy/Sell Lg Balakrishnan | (LGBBROSLTD) share price targets

Complete technical analysis of Lg Balakrishnan (LGBBROSLTD) by charts plus indicators, forecast predictions and share price targets for Lg Balakrishnan (LGBBROSLTD)

Lg Balakrishnan trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-05-09 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 39507

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	1270.15	1295.60	1312.15	1265.00	0.374 times
08 Wed May 2024	1297.45	1285.00	1305.00	1274.35	0.425 times
07 Tue May 2024	1282.80	1328.85	1330.95	1270.10	0.898 times
06 Mon May 2024	1319.60	1355.00	1355.00	1305.00	0.7 times
03 Fri May 2024	1332.55	1310.00	1361.00	1302.50	2.21 times
02 Thu May 2024	1301.35	1286.65	1307.00	1268.90	1.113 times
30 Tue Apr 2024	1280.20	1303.10	1308.25	1258.70	2.296 times
29 Mon Apr 2024	1303.10	1305.00	1318.00	1277.10	0.708 times
26 Fri Apr 2024	1304.35	1313.50	1323.00	1293.60	0.588 times
25 Thu Apr 2024	1308.30	1314.90	1322.95	1301.00	0.457 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1271.3, but if it comes above 1271.3, then a intra day buy could be more profitable.
If you take a sell trade below 1271.3, then use 1271.3 as stoploss and 1246.5 as target. However if you take a buy trade in stock , then use 1271.3 as stoploss and 1292.02 as target.

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Downside Target	1223.05
Upside Target	1305.95
Upside Target	1323.30
Upside Target	1325.00
Upside Target	1332.70
Upside Target	1355.00
Upside Target	1361.00
Upside Target	1425.00

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Intraday Target	1238.43
Downside Intraday Target	1206.72
Upside Intraday Target	1328.43
Upside Intraday Target	1386.72
Upside Intraday Target	1296.72

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	1270.15	1355.00	1355.00	1265.00	0.379 times
03 Fri May 2024	1332.55	1305.00	1361.00	1258.70	2.061 times
26 Fri Apr 2024	1304.35	1281.90	1332.70	1270.00	0.943 times
19 Fri Apr 2024	1273.05	1235.00	1325.00	1223.05	0.822 times
12 Fri Apr 2024	1261.70	1275.15	1323.30	1241.75	0.848 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 Lg Balakrishnan (LGBBROSLTD)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu May 2024	1270.15	1286.65	1361.00	1265.00	0.318 times
30 Tue Apr 2024	1280.20	1271.00	1332.70	1223.05	1.154 times
28 Thu Mar 2024	1270.90	1140.95	1278.85	1102.00	0.87 times
29 Thu Feb 2024	1140.95	1285.00	1305.95	1119.35	0.726 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 Lg Balakrishnan (LGBBROSLTD)

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 Lg Balakrishnan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Lg Balakrishnan in short term but the sell signal is initial and weak.

Lg Balakrishnan 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 SELL signal for Lg Balakrishnan 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 Lg Balakrishnan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1302.31 and Lg Balakrishnan (LGBBROSLTD) 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 Lg Balakrishnan (LGBBROSLTD) stock. Volume based technical analysis of Lg Balakrishnan (LGBBROSLTD) stock is negative.

Lg Balakrishnan 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.