Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-04 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 30585

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1160.55	1251.35	1251.35	1129.00	1.67 times
03 Mon Jun 2024	1234.80	1274.90	1282.00	1221.00	1.316 times
31 Fri May 2024	1239.90	1230.00	1255.80	1210.00	0.896 times
30 Thu May 2024	1227.80	1260.00	1276.25	1215.05	0.735 times
29 Wed May 2024	1259.70	1243.40	1267.95	1233.10	0.734 times
28 Tue May 2024	1243.40	1251.00	1258.90	1210.05	0.762 times
27 Mon May 2024	1258.65	1279.50	1289.00	1254.00	0.527 times
24 Fri May 2024	1262.65	1283.60	1295.70	1253.40	0.665 times
23 Thu May 2024	1283.95	1283.95	1310.00	1263.05	0.856 times
22 Wed May 2024	1283.90	1281.05	1289.00	1270.80	1.04 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1195.7, for a target of 1231.1 or 1260.65

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Upside Target	1210.00
Upside Target	1278.85
Upside Target	1282.00
Upside Target	1289.00
Upside Target	1300.00
Upside Target	1305.95
Upside Target	1310.00
Upside Target	1332.70
Upside Target	1355.00
Upside Target	1361.00

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Intraday Target	1099.03
Downside Intraday Target	1037.52
Upside Intraday Target	1252.03
Upside Intraday Target	1343.52
Upside Intraday Target	1190.52

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	1160.55	1274.90	1282.00	1129.00	0.817 times
31 Fri May 2024	1239.90	1279.50	1289.00	1210.00	0.726 times
24 Fri May 2024	1262.65	1272.60	1310.00	1230.00	2.262 times
18 Sat May 2024	1279.60	1264.00	1300.00	1240.00	0.587 times
10 Fri May 2024	1261.00	1355.00	1355.00	1249.95	0.464 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
04 Tue Jun 2024	1160.55	1274.90	1282.00	1129.00	0.157 times
31 Fri May 2024	1239.90	1286.65	1361.00	1210.00	0.818 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1237.46 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.