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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 2024-06-12 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 27679

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	1232.05	1237.55	1245.95	1226.00	0.953 times
11 Tue Jun 2024	1237.55	1234.25	1243.95	1225.95	0.607 times
10 Mon Jun 2024	1232.10	1230.50	1245.95	1225.00	0.73 times
07 Fri Jun 2024	1236.25	1214.00	1244.85	1209.05	0.903 times
06 Thu Jun 2024	1210.20	1220.45	1227.75	1200.00	0.583 times
05 Wed Jun 2024	1204.60	1180.85	1214.00	1135.05	1.264 times
04 Tue Jun 2024	1160.55	1251.35	1251.35	1129.00	1.845 times
03 Mon Jun 2024	1234.80	1274.90	1282.00	1221.00	1.455 times
31 Fri May 2024	1239.90	1230.00	1255.80	1210.00	0.99 times
30 Thu May 2024	1227.80	1260.00	1276.25	1215.05	0.812 times

My analysis of stock is bearish for shortterm, and stock might move down till 1215.1 or till 1179. Use a stoploss of 1245.08 and if the stock hits stoploss, then it can shoot up till 1275.11

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Downside 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	1361.00

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Intraday Target	1222.72
Downside Intraday Target	1213.38
Upside Intraday Target	1243.67
Upside Intraday Target	1255.28
Upside Intraday Target	1234.33

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	1232.05	1230.50	1245.95	1225.00	0.379 times
07 Fri Jun 2024	1236.25	1274.90	1282.00	1129.00	1.499 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

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
12 Wed Jun 2024	1232.05	1274.90	1282.00	1129.00	0.397 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Lg Balakrishnan stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lg Balakrishnan 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.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lg Balakrishnan in short term but SELL 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 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 1215.89 and Lg Balakrishnan (LGBBROSLTD) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.