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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 2024-05-15 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 36611

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	1280.15	1297.00	1297.00	1276.70	0.29 times
14 Tue May 2024	1294.75	1273.25	1297.95	1259.60	0.385 times
13 Mon May 2024	1260.65	1264.00	1272.00	1240.00	0.385 times
10 Fri May 2024	1261.00	1276.55	1286.30	1249.95	0.579 times
09 Thu May 2024	1270.15	1295.60	1312.15	1265.00	0.404 times
08 Wed May 2024	1297.45	1285.00	1305.00	1274.35	0.459 times
07 Tue May 2024	1282.80	1328.85	1330.95	1270.10	0.97 times
06 Mon May 2024	1319.60	1355.00	1355.00	1305.00	0.756 times
03 Fri May 2024	1332.55	1310.00	1361.00	1302.50	2.385 times
02 Thu May 2024	1301.35	1286.65	1307.00	1268.90	1.201 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1275.2 as stoploss in an intra day buy trade for a target of 1294.18. However, stock will show a bearish move below 1275.2.

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Downside Target	1223.05
Upside Target	1297.95
Upside Target	1305.95
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	1247.45
Downside Intraday Target	1214.75
Upside Intraday Target	1305.4
Upside Intraday Target	1330.65
Downside Intraday Target	1272.7

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	1280.15	1264.00	1297.95	1240.00	0.335 times
10 Fri May 2024	1261.00	1355.00	1355.00	1249.95	0.464 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

Price has moved up 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
15 Wed May 2024	1280.15	1286.65	1361.00	1240.00	0.403 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 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 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 Lg Balakrishnan ( (LGBBROSLTD) ) 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 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 BUY. 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 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 weakening, and bulls are picking up momentum!

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 Lg Balakrishnan in short term but BUY signal is weak.

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 Lg Balakrishnan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1302.39 and Lg Balakrishnan (LGBBROSLTD) 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 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.