BullFO

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
15 Tue Jun 2274.55 2289.95 2289.95 2260.80 1.71 lakhs
14 Mon Jun 2272.50 2244.80 2281.60 2215.00 3.08 lakhs
11 Fri Jun 2241.90 2274.00 2281.15 2235.15 1.78 lakhs
10 Thu Jun 2269.30 2258.80 2313.70 2249.00 5.13 lakhs
09 Wed Jun 2248.75 2253.00 2273.00 2221.00 3.72 lakhs
BALKRISIND chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2253.3, but if it comes below 2253.3, then a intra day sell could be more profitable.
If you take a sell trade below 2253.3, then use 2253.3 as stoploss and 2209.76 as target. However if you take a buy trade in stock , then use 2253.3 as stoploss and 2305.6 as target.

  • 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 2274.55 as on 15 Tue Jun 15:33

Day open is at 2289.95, day high is at 2289.95, day low is at 2260.80, and day volume is at 69.37 lakhs so far.

First 15 minute high low range is 2274.00 - 2289.95

First hour high low range is 2267.75 - 2289.95

Date Intraday Price Open High Low Volume
15 Tue Jun 15:33 2274.55 2289.95 2289.95 2260.80 170743
15 Tue Jun 15:30 2275.00 2289.95 2289.95 2260.80 170743
15 Tue Jun 15:25 2277.40 2289.95 2289.95 2260.80 164744
15 Tue Jun 15:19 2275.00 2289.95 2289.95 2260.80 158711
15 Tue Jun 15:15 2272.95 2289.95 2289.95 2260.80 153503
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: 2281.98 or 2271.525
  • Upside target: 2289.95
  • Downside target : 2258.05
  • Second Upside target: 2282.25
  • Second Downside target : 2253.1

Balkrishna Industries (BALKRISIND) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 2274.55 2244.80 2215.00
2289.95
4.786 lakhs
11 Fri Jun 2241.90 2218.65 2215.35
2313.70
17.828 lakhs
04 Fri Jun 2213.20 2190.00 2161.80
2255.55
19.733 lakhs
28 Fri May 2190.85 2131.00 2120.05
2223.10
26.727 lakhs
21 Fri May 2131.10 1920.00 1877.55
2209.00
91.962 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
15 Tue Jun 2274.55 2204.05 2161.80
2313.70
39.57 lakhs
31 Mon May 2200.90 1751.00 1742.20
2223.10
166.354 lakhs
30 Fri Apr 1769.95 1701.00 1552.00
1807.40
87.527 lakhs
31 Wed Mar 1688.50 1556.00 1530.05
1704.00
108.388 lakhs
26 Fri Feb 1558.00 1593.60 1516.65
1875.00
290.173 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 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: 2323.85
  • Downside daily target: 2209.63

Balkrishna Industries Weekly stock price targets

  • Upside weekly target: 2335.78
  • Downside weekly target: 2221.53
  • Downside weekly target: 2106.66
  • Downside weekly target: 2004.33
  • Downside weekly target: 1893.25
  • Downside weekly target: 1787.45
  • Downside weekly target: 1667.65

Balkrishna Industries Monthly stock price targets

  • Upside monthly target: 2452.45
  • Downside monthly target: 2265.94
  • Downside monthly target: 2097.33
  • Downside monthly target: 1971.55
  • Downside monthly target: 1783.23
  • Downside monthly target: 1683.15
  • Downside monthly target: 1599.33
  • Downside monthly target: 1490.33
  • Downside monthly target: 1369.39
  • Downside monthly target: 1238.78

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 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. 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 BUY signal in short term but buying 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 2246.9 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.

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart BALKRISIND