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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 2024-08-09 View latest technical analysis

10 day averaged volume of Lg Balakrishnan is 45603

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1342.60	1345.00	1356.55	1332.60	0.635 times
08 Thu Aug 2024	1314.50	1297.20	1342.10	1275.00	0.83 times
07 Wed Aug 2024	1289.85	1295.75	1302.40	1273.95	2.237 times
06 Tue Aug 2024	1290.55	1311.00	1335.15	1276.00	1.103 times
05 Mon Aug 2024	1307.50	1336.10	1340.00	1292.15	0.798 times
02 Fri Aug 2024	1361.45	1392.00	1398.95	1357.00	1.035 times
01 Thu Aug 2024	1392.00	1420.00	1440.55	1386.40	1.021 times
31 Wed Jul 2024	1429.10	1485.00	1490.55	1423.00	0.617 times
30 Tue Jul 2024	1471.40	1448.60	1490.00	1441.05	0.916 times
29 Mon Jul 2024	1438.80	1434.10	1456.85	1422.05	0.467 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 1340.2 as stoploss in an intra day buy trade for a target of 1398.41. However, stock will show a bearish move below 1340.2.

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type	Value
Downside Target	1129.00
Downside Target	1210.00
Downside Target	1273.95
Downside 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	1292.18
Downside Intraday Target	1241.77
Upside Intraday Target	1374.78
Upside Intraday Target	1406.97
Downside Intraday Target	1324.37

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1342.60	1336.10	1356.55	1273.95	1.382 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
09 Fri Aug 2024	1342.60	1420.00	1440.55	1273.95	0.332 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Lg Balakrishnan stock for short term is SELL. Signal strength is Weak and stock is losing 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 red color and prices are below the red cloud Prices appear to be moving up

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 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 1348.76 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.