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2021 Balkrishna Industries (BALKRISIND) technical analysis [forecast] stock price targets

Balkrishna Industries technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Balkrishna Industries deals in Auto Tyres & Rubber Products Balkrishna Industries option chain analysis

Date Close Open High Low Volume
27 Wed Jan 1664.50 1686.95 1686.95 1644.20 4.39 lakhs
25 Mon Jan 1679.80 1689.10 1712.35 1633.35 6.35 lakhs
22 Fri Jan 1678.50 1700.20 1750.00 1668.20 13.21 lakhs
21 Thu Jan 1688.75 1709.00 1767.70 1677.45 14.47 lakhs
20 Wed Jan 1700.10 1634.00 1703.95 1633.65 7.89 lakhs
BALKRISIND chart

My analysis of stock is bearish for shortterm, and stock might move down till 1643.3 or till 1607.6. Use a stoploss of 1673.15 and if the stock hits stoploss, then it can shoot up till 1702.96

  • Daily Price action analysis of BALKRISIND 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.

  • Daily Price action analysis of BALKRISIND based on a short to mid 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.

  • Daily Price action analysis of BALKRISIND based on a mid 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.

Intraday technical analysis of Balkrishna Industries

Stock is trading at 1664.50 as on 27 Wed Jan 15:33

Day open is at 1686.95, day high is at 1686.95, day low is at 1644.20, and day volume is at 163.41 lakhs so far.

First 15 minute high low range is 1657.00 - 1686.95

First hour high low range is 1644.20 - 1686.95

Date Intraday Price Open High Low Volume
27 Wed Jan 15:33 1664.50 1686.95 1686.95 1644.20 438899
27 Wed Jan 15:29 1660.40 1686.95 1686.95 1644.20 438899
27 Wed Jan 15:25 1663.20 1686.95 1686.95 1644.20 428697
27 Wed Jan 15:20 1664.00 1686.95 1686.95 1644.20 403968
27 Wed Jan 15:15 1666.70 1686.95 1686.95 1644.20 380636
Intraday BALKRISIND chart

Trend of Balkrishna Industries is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Balkrishna Industries (BALKRISIND) intraday stock price targets

  • EntEntry: 1671.98 or 1659.9625
  • Upside target: 1686.95
  • Downside target : 1627.05
  • Second Upside target: 1675.73
  • Second Downside target : 1632.98

Balkrishna Industries (BALKRISIND) weekly technical analysis

Date Weekly Close Open Range Volume
27 Wed Jan 1664.50 1689.10 1633.35
1712.35
10.741 lakhs
22 Fri Jan 1678.50 1651.00 1585.25
1767.70
46.661 lakhs
15 Fri Jan 1652.95 1735.00 1640.40
1747.50
33.553 lakhs
08 Fri Jan 1721.85 1640.50 1617.00
1733.45
31.239 lakhs
01 Fri Jan 1642.10 1563.50 1549.35
1652.80
47.431 lakhs
weekly BALKRISIND chart

Weekly forecast of Balkrishna Industries is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Balkrishna Industries based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Weekly Price action analysis of Balkrishna Industries based on a short to mid 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.

Balkrishna Industries (BALKRISIND) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Wed Jan 1664.50 1646.00 1585.25
1767.70
126.347 lakhs
31 Thu Dec 1646.30 1720.00 1515.50
1720.00
182.469 lakhs
27 Fri Nov 1659.40 1345.00 1306.30
1701.45
327.22 lakhs
30 Fri Oct 1347.55 1486.10 1315.00
1500.00
163.151 lakhs
30 Wed Sep 1477.00 1325.90 1237.50
1514.70
202.59 lakhs
monthly BALKRISIND chart

Monthly forecast of Balkrishna Industries is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Balkrishna Industries 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.

Monthly Price action analysis of Balkrishna Industries based on a short to mid 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.

Balkrishna Industries Daily stock price targets

  • Upside daily target: 1737.18
  • Downside daily target: 1650.58
  • Downside daily target: 1566.93

Balkrishna Industries Weekly stock price targets

  • Upside weekly target: 1814.33
  • Upside weekly target: 1715.55
  • Downside weekly target: 1631.88
  • Downside weekly target: 1549.11

Balkrishna Industries Monthly stock price targets

  • Upside monthly target: 1878
  • Upside monthly target: 1696.29
  • Downside monthly target: 1599.33
  • Downside monthly target: 1482.85
  • Downside monthly target: 1382.55
  • Downside monthly target: 1301.51
  • Downside monthly target: 1238.78
  • Downside monthly target: 1171.55
  • Downside monthly target: 1105.05
  • Downside monthly target: 1041.83
  • Downside monthly target: 973.6
  • Downside monthly target: 921.78
  • Downside monthly target: 836.65

Balkrishna Industries (BALKRISIND) indicators technical analysis

Price action analysis of Balkrishna Industries (BALKRISIND) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Balkrishna Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Balkrishna Industries in short term but the sell signal is initial and weak.

Balkrishna Industries 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. Bears 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 Balkrishna Industries 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 positive zone. This is a BUY zone

Stock of Balkrishna Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1675.03 and Balkrishna Industries BALKRISIND 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 Balkrishna Industries BALKRISIND stock. Volume based technical analysis of Balkrishna Industries BALKRISIND stock is negative.

Balkrishna Industries 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.

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