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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 2024-06-18 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 28866

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1247.70	1274.10	1278.00	1239.20	1.358 times
14 Fri Jun 2024	1255.25	1264.50	1273.20	1240.55	0.794 times
13 Thu Jun 2024	1264.50	1239.95	1273.60	1239.95	1.208 times
12 Wed Jun 2024	1232.05	1237.55	1245.95	1226.00	0.914 times
11 Tue Jun 2024	1237.55	1234.25	1243.95	1225.95	0.582 times
10 Mon Jun 2024	1232.10	1230.50	1245.95	1225.00	0.7 times
07 Fri Jun 2024	1236.25	1214.00	1244.85	1209.05	0.866 times
06 Thu Jun 2024	1210.20	1220.45	1227.75	1200.00	0.559 times
05 Wed Jun 2024	1204.60	1180.85	1214.00	1135.05	1.212 times
04 Tue Jun 2024	1160.55	1251.35	1251.35	1129.00	1.77 times

My analysis of stock is bullish for shortterm, and stock might move up till 1271.4 or till 1305.7. Use a stoploss of 1242.83 and if this stock hits its stoploss, then it can fall down till 1214.27

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1102.00
Downside Target	1210.00
Upside Target	1273.60
Upside Target	1278.85
Upside Target	1282.00
Upside Target	1289.00
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	1231.93
Downside Intraday Target	1216.17
Upside Intraday Target	1270.73
Upside Intraday Target	1293.77
Upside Intraday Target	1254.97

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	1247.70	1274.10	1278.00	1239.20	0.324 times
14 Fri Jun 2024	1255.25	1230.50	1273.60	1225.00	0.724 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

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
18 Tue Jun 2024	1247.70	1274.90	1282.00	1129.00	0.565 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 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 BUY signal in short term and the buying is gaining 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 1223.39 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 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 is giving positive 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.