Stock analysis Balrampur Chini Mills Limited BALRAMCHIN
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Recent prices of BALRAMCHIN Balrampur Chini Mills Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
19 Fri Apr 2024 | 365.65 | 363.00 to 367.00 | -0.81% | 0.57 times |
18 Thu Apr 2024 | 368.65 | 366.75 to 378.30 | -1.26% | 0.74 times |
16 Tue Apr 2024 | 373.35 | 364.55 to 374.40 | 1.65% | 0.55 times |
15 Mon Apr 2024 | 367.30 | 365.20 to 376.70 | -2.78% | 1.11 times |
12 Fri Apr 2024 | 377.80 | 377.05 to 389.80 | -2.79% | 1.01 times |
10 Wed Apr 2024 | 388.65 | 386.45 to 395.80 | -1.09% | 1.67 times |
09 Tue Apr 2024 | 392.95 | 382.65 to 396.00 | 1.73% | 1.66 times |
08 Mon Apr 2024 | 386.25 | 385.30 to 392.75 | -0.68% | 0.58 times |
05 Fri Apr 2024 | 388.90 | 381.50 to 391.00 | 1.46% | 1.23 times |
04 Thu Apr 2024 | 383.30 | 380.95 to 388.75 | -0.53% | 0.45 times |
03 Wed Apr 2024 | 385.35 | 380.50 to 391.35 | 0.36% | 0.99 times |
02 Tue Apr 2024 | 383.95 | 374.75 to 384.50 | 1.74% | 0.78 times |
Technical analysis forecast for Balrampur Chini Mills Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Balrampur Chini Mills Limited BALRAMCHIN at this time. Stock is falling and might fall more.
It appears as if Balrampur Chini Mills Limited BALRAMCHIN gave a large move recently.
Stock of Balrampur Chini Mills Limited (BALRAMCHIN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Balrampur Chini Mills Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 364 as stoploss in an intra day buy trade for a target of 374.74. However, stock will show a bearish move below 364.