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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 3533

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 35.90 36.45 38.80 35.45 2.588 times
20 Mon May 2024 37.22 39.77 40.74 36.86 0.501 times
17 Fri May 2024 38.80 38.80 42.75 38.80 0.308 times
16 Thu May 2024 40.84 41.03 43.40 40.75 0.222 times
15 Wed May 2024 42.87 42.00 43.40 41.92 0.319 times

Stock of Balgopal (Balgopal) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 39.2 or till 43.2. Use a stoploss of 35.84 and if this stock hits its stoploss, then it can fall down till 32.48

Share price targets for Balgopal (Balgopal)

Target Type Value
Downside Target 28.71
Downside Target 30.05
Downside Target 32.00
Downside Target 34.94
Upside Target 37.74
Upside Target 38.49
Upside Target 40.74
Upside Target 42.90
Upside Target 43.40
Upside Target 43.54
Upside Target 45.00

Intraday share price targets for Balgopal (Balgopal)

Target Type Value
Downside Intraday Target 33.99
Downside Intraday Target 32.07
Upside Intraday Target 39.28
Upside Intraday Target 42.65
Upside Intraday Target 37.36

Weekly technical analysis of Balgopal (Balgopal)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 35.90 39.77 40.74 35.45 0.87 times
17 Fri May 2024 38.80 39.62 43.40 38.49 1.012 times
10 Fri May 2024 37.74 34.85 37.74 32.06 1.362 times
03 Fri May 2024 33.57 33.61 34.94 30.17 2.296 times
26 Fri Apr 2024 32.01 33.55 35.25 32.00 2.327 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
21 Tue May 2024 35.90 33.28 43.40 30.17 2.96 times
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

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Balgopal (Balgopal)

Indicator Name Indicator Value Indicator Signal
ADX 26, 30, 6 Sell
MACD 2, 2Buy
Stochastics 46None
CCI -57Sell
RSI 50Sell
OBV 16959Sell
VWAP 38Sell
ADL 0Sell
ROC 7Buy
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Balgopal ( (Balgopal) ) 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.

Price action analysis of Balgopal ( (Balgopal) ) based on a mid to longer term time period is

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

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

Balgopal 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 Balgopal 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.88 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 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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