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2020 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
03 Fri Jul 1314.10 1280.00 1318.90 1271.55 8.61 lakhs
02 Thu Jul 1278.20 1275.00 1284.00 1255.00 5.09 lakhs
01 Wed Jul 1269.85 1262.00 1294.00 1262.00 8.17 lakhs
30 Tue Jun 1261.10 1245.00 1282.00 1245.00 8.32 lakhs
29 Mon Jun 1244.50 1238.75 1262.00 1220.05 6.12 lakhs
BALKRISIND chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1331.8, for a target of 1267.4 or 1213.79

  • 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 1314.10 as on 03 Fri Jul 15:33

Day open is at 1280.00, day high is at 1318.90, day low is at 1271.55, and day volume is at 350.62 lakhs so far.

First 15 minute high low range is 1271.55 - 1287.95

First hour high low range is 1271.55 - 1303.00

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 1314.10 1280.00 1318.90 1271.55 860839
03 Fri Jul 15:30 1315.00 1280.00 1318.90 1271.55 860839
03 Fri Jul 15:25 1315.50 1280.00 1318.90 1271.55 847553
03 Fri Jul 15:20 1316.25 1280.00 1318.90 1271.55 831333
03 Fri Jul 15:15 1313.60 1280.00 1316.95 1271.55 798879
Intraday BALKRISIND chart

Prices of Balkrishna Industries are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Balkrishna Industries (BALKRISIND) intraday stock price targets

  • EntEntry: 1279.75 or 1305.8625
  • Upside target: 1287.95
  • Downside target : 1255.15
  • Second Upside target: 1340.18
  • Second Downside target : 1292.83

Balkrishna Industries (BALKRISIND) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 1314.10 1238.75 1220.05
1318.90
36.312 lakhs
26 Fri Jun 1242.60 1259.95 1216.00
1293.00
42.544 lakhs
19 Fri Jun 1215.85 1155.00 1132.35
1244.35
53.865 lakhs
12 Fri Jun 1149.00 1186.30 1082.00
1189.00
29.605 lakhs
05 Fri Jun 1163.15 1088.55 1088.50
1172.05
38.164 lakhs
weekly BALKRISIND chart

Weekly forecast of Balkrishna Industries is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly 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.

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
03 Fri Jul 1314.10 1262.00 1255.00
1318.90
21.871 lakhs
30 Tue Jun 1261.10 1088.55 1082.00
1293.00
178.619 lakhs
29 Fri May 1078.90 900.00 868.30
1110.05
150.796 lakhs
30 Thu Apr 934.80 785.00 738.50
1006.90
147.063 lakhs
31 Tue Mar 791.65 1100.40 679.00
1155.65
205.785 lakhs
monthly BALKRISIND chart

Monthly forecast of Balkrishna Industries is positive. Buyers dominated the stock this month, and this trend might continue for a few days

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

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: 1340.18
  • Downside daily target: 1275.3
  • Downside daily target: 1209.45

Balkrishna Industries Weekly stock price targets

  • Upside weekly target: 1365.93
  • Downside weekly target: 1292.99
  • Downside weekly target: 1209.38
  • Downside weekly target: 1149.5
  • Downside weekly target: 1074.75
  • Downside weekly target: 1005.78
  • Downside weekly target: 957.15
  • Downside weekly target: 907.4
  • Downside weekly target: 857.4

Balkrishna Industries Monthly stock price targets

  • Upside monthly target: 1382.55
  • Downside monthly target: 1301.73
  • Downside monthly target: 1232.28
  • Downside monthly target: 1171.55
  • Downside monthly target: 1105.05
  • Downside monthly target: 1042.93
  • Downside monthly target: 981.85
  • Downside monthly target: 921.78
  • Downside monthly target: 869.13
  • Downside monthly target: 826.33
  • Downside monthly target: 497

Balkrishna Industries (BALKRISIND) indicators technical analysis

Price action analysis of Balkrishna Industries (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.

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

MACD generated a BUY signal for Balkrishna Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balkrishna Industries 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 moving up

CCI has generated a buy signal for Balkrishna Industries in short term and BUY 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1258.89 and Balkrishna Industries BALKRISIND 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 Balkrishna Industries BALKRISIND stock. Volume based technical analysis of Balkrishna Industries BALKRISIND stock is negative.

Balkrishna Industries Stock is giving positive 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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