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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 2024-08-07 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 36794

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1289.85	1295.75	1302.40	1273.95	2.773 times
06 Tue Aug 2024	1290.55	1311.00	1335.15	1276.00	1.368 times
05 Mon Aug 2024	1307.50	1336.10	1340.00	1292.15	0.989 times
02 Fri Aug 2024	1361.45	1392.00	1398.95	1357.00	1.283 times
01 Thu Aug 2024	1392.00	1420.00	1440.55	1386.40	1.265 times
31 Wed Jul 2024	1429.10	1485.00	1490.55	1423.00	0.765 times
30 Tue Jul 2024	1471.40	1448.60	1490.00	1441.05	1.136 times
29 Mon Jul 2024	1438.80	1434.10	1456.85	1422.05	0.579 times
26 Fri Jul 2024	1426.95	1406.70	1460.95	1406.70	1.209 times
25 Thu Jul 2024	1409.75	1409.00	1419.70	1396.30	0.532 times

Stock of Lg Balakrishnan (LGBBROSLTD) has showed a significant fall. This could be a good time to exit from this stock.

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 1290.6, for a target of 1354.8 or 1408.26

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1129.00
Downside Target	1210.00
Downside Target	1273.95
Upside Target	1332.70
Upside Target	1413.55
Upside Target	1440.55
Upside Target	1460.95
Upside Target	1479.95
Upside Target	1485.05
Upside Target	1485.95
Upside Target	1490.55
Upside Target	1526.60

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Intraday Target	1262.53
Downside Intraday Target	1235.22
Upside Intraday Target	1328.58
Upside Intraday Target	1367.32
Upside Intraday Target	1301.27

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1289.85	1336.10	1340.00	1273.95	1.02 times
02 Fri Aug 2024	1361.45	1434.10	1490.55	1357.00	0.988 times
26 Fri Jul 2024	1426.95	1435.00	1460.95	1355.00	0.842 times
19 Fri Jul 2024	1418.35	1454.70	1485.05	1413.55	0.83 times
12 Fri Jul 2024	1454.70	1477.10	1485.95	1380.00	0.95 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
07 Wed Aug 2024	1289.85	1420.00	1440.55	1273.95	0.269 times
31 Wed Jul 2024	1429.10	1440.15	1526.60	1355.00	0.66 times
28 Fri Jun 2024	1429.20	1274.90	1479.95	1129.00	2.742 times
31 Fri May 2024	1239.90	1286.65	1361.00	1210.00	0.818 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 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 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 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 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 SELL signal for Lg Balakrishnan in short term and SELL signal is strong!

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 1362.8 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.