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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
09 Fri Apr 1651.80 1675.00 1675.00 1647.00 5.4 lakhs
08 Thu Apr 1679.50 1695.80 1702.75 1664.00 4.82 lakhs
07 Wed Apr 1686.30 1663.55 1693.65 1652.10 3.32 lakhs
06 Tue Apr 1663.55 1651.00 1681.60 1633.60 4.27 lakhs
05 Mon Apr 1650.80 1671.00 1679.05 1625.55 4.31 lakhs
BALKRISIND chart

My analysis of stock is bullish for shortterm, and stock might move up till 1669.8 or till 1702.4. Use a stoploss of 1642.63 and if this stock hits its stoploss, then it can fall down till 1615.46

  • Daily Price action analysis of BALKRISIND 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.

  • 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

Intraday technical analysis of Balkrishna Industries

Stock is trading at 1615.00 as on 12 Mon Apr 12:35

Day open is at 1622.00, day high is at 1637.65, day low is at 1552.00, and day volume is at 92.09 lakhs so far.

First 15 minute high low range is 1579.00 - 1637.65

First hour high low range is 1552.00 - 1637.65

Date Intraday Price Open High Low Volume
12 Mon Apr 12:35 1615.00 1622.00 1637.65 1552.00 411722
12 Mon Apr 12:30 1616.90 1622.00 1637.65 1552.00 407649
12 Mon Apr 12:25 1614.75 1622.00 1637.65 1552.00 402642
12 Mon Apr 12:20 1605.20 1622.00 1637.65 1552.00 397443
12 Mon Apr 12:15 1611.50 1622.00 1637.65 1552.00 387189
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: 1608.33 or 1655.2
  • Upside target: 1637.65
  • Downside target : 1520.35
  • Second Upside target: 1663.4
  • Second Downside target : 1635.4

Balkrishna Industries (BALKRISIND) weekly technical analysis

Date Weekly Close Open Range Volume
09 Fri Apr 1651.80 1671.00 1625.55
1702.75
22.111 lakhs
01 Thu Apr 1681.80 1665.30 1643.00
1708.20
15.246 lakhs
26 Fri Mar 1648.80 1615.00 1587.10
1676.00
24.788 lakhs
19 Fri Mar 1616.85 1629.00 1530.05
1655.00
22.197 lakhs
12 Fri Mar 1628.20 1613.40 1574.10
1642.20
16.423 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Balkrishna Industries (BALKRISIND) Monthly technical analysis

Date Monthly Close Open Range Volume
09 Fri Apr 1651.80 1701.00 1625.55
1708.20
26.045 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
29 Fri Jan 1588.35 1646.00 1580.00
1767.70
138.311 lakhs
31 Thu Dec 1646.30 1720.00 1515.50
1720.00
182.469 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

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: 1726.75
  • Downside daily target: 1642.25

Balkrishna Industries Weekly stock price targets

  • Upside weekly target: 1968.53
  • Upside weekly target: 1765.08
  • Upside weekly target: 1680.08
  • Downside weekly target: 1600.08
  • Downside weekly target: 1510.98

Balkrishna Industries Monthly stock price targets

  • Upside monthly target: 1878
  • Upside monthly target: 1783.23
  • Upside monthly target: 1683.15
  • Downside monthly target: 1599.33
  • Downside monthly target: 1490.33
  • Downside monthly target: 1373.03
  • Downside monthly target: 1301.51
  • 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Balkrishna Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 BUY signal in short term but buying 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 1661.34 and Balkrishna Industries BALKRISIND stock is trading below this level. This means that stock is falling with high volumes. 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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