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(Balgopal) Balgopal complete technical analysis [charts+indicators] | Buy/Sell Balgopal | (Balgopal) share price targets

Complete technical analysis of Balgopal (Balgopal) by charts plus indicators, forecast predictions and share price targets for Balgopal (Balgopal)

10 day averaged volume of Balgopal is 1161

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 31.70 31.05 32.14 31.00 4.6 times
29 Mon Apr 2024 30.62 33.61 33.61 30.62 0.518 times
26 Fri Apr 2024 32.01 33.50 34.85 32.00 0.445 times
25 Thu Apr 2024 33.50 35.20 35.20 33.49 1.138 times
24 Wed Apr 2024 35.25 35.25 35.25 35.25 0.022 times

Stock of Balgopal (Balgopal) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32, but if it comes above 32, then a intra day buy could be more profitable.
If you take a sell trade below 32, then use 32 as stoploss and 30.3 as target. However if you take a buy trade in stock , then use 32 as stoploss and 33.44 as target.

Share price targets for Balgopal (Balgopal)

Target Type Value
Downside Target 28.71
Downside Target 30.05
Downside Target 31.67
Upside Target 33.61
Upside Target 35.25
Upside Target 35.99
Upside Target 36.37
Upside Target 36.67
Upside Target 38.55
Upside Target 42.90
Upside Target 43.54
Upside Target 45.00

Intraday share price targets for Balgopal (Balgopal)

Target Type Value
Downside Intraday Target 30.34
Downside Intraday Target 28.99
Upside Intraday Target 33.33
Upside Intraday Target 34.97
Upside Intraday Target 31.98

Weekly technical analysis of Balgopal (Balgopal)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 31.70 33.61 33.61 30.62 1.499 times
26 Fri Apr 2024 32.01 33.55 35.25 32.00 2.327 times
19 Fri Apr 2024 32.00 32.54 33.97 30.67 1.682 times
12 Fri Apr 2024 32.54 35.95 36.67 32.50 1.815 times
05 Fri Apr 2024 35.96 31.67 36.37 31.67 0.352 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Balgopal (Balgopal)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 31.70 31.67 36.67 30.62 0.927 times
28 Thu Mar 2024 33.33 36.70 42.90 30.05 1.237 times
29 Thu Feb 2024 35.99 44.24 45.00 35.99 0.286 times
31 Wed Jan 2024 43.54 30.21 43.54 28.71 2.747 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Balgopal (Balgopal)

Indicator Name Indicator Value Indicator Signal
ADX 18, 38, 35 Sell
MACD -2, -2Sell
Stochastics 15Sell
CCI -100Sell
RSI 50Sell
OBV 2166Sell
VWAP 32Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Balgopal ( (Balgopal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balgopal ( (Balgopal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balgopal ( (Balgopal) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balgopal ( (Balgopal) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Balgopal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Balgopal in short term and the sell signal is strong.

Balgopal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

CCI has generated a SELL signal for Balgopal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Balgopal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.29 and Balgopal (Balgopal) 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 Balgopal (Balgopal) stock. Volume based technical analysis of Balgopal (Balgopal) stock is negative.

Balgopal Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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