Stock analysis Balkrishna Paper BALKRISHNA
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Recent prices of BALKRISHNA Balkrishna Paper are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Thu Dec 2024 | 23.44 | 23.23 to 24.10 | -0.8% | 0.34 times |
| 24 Tue Dec 2024 | 23.63 | 23.60 to 24.00 | 0.04% | 0.5 times |
| 23 Mon Dec 2024 | 23.62 | 23.49 to 24.65 | 0.3% | 0.94 times |
| 20 Fri Dec 2024 | 23.55 | 23.40 to 24.77 | -2.57% | 1.21 times |
| 19 Thu Dec 2024 | 24.17 | 23.59 to 24.84 | -2.5% | 1.2 times |
| 18 Wed Dec 2024 | 24.79 | 24.66 to 25.80 | 0% | 0.61 times |
| 18 Wed Dec 2024 | 24.79 | 24.66 to 25.80 | -2.21% | 0.61 times |
| 17 Tue Dec 2024 | 25.35 | 25.01 to 27.19 | -1.71% | 1.09 times |
| 16 Mon Dec 2024 | 25.79 | 25.20 to 26.74 | 1.02% | 1.9 times |
| 13 Fri Dec 2024 | 25.53 | 25.36 to 26.35 | -1.47% | 0.72 times |
| 12 Thu Dec 2024 | 25.91 | 25.70 to 26.62 | -2% | 1.23 times |
| 11 Wed Dec 2024 | 26.44 | 26.20 to 27.00 | -0.3% | 1.57 times |
Technical analysis forecast for Balkrishna Paper Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Balkrishna Paper BALKRISHNA at this time. Stock is falling and might fall more.
It appears as if Balkrishna Paper BALKRISHNA gave a large move recently.
Stock of Balkrishna Paper (BALKRISHNA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Balkrishna Paper is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Balkrishna Paper stays below 23.6, but if it comes above 23.6, then a intra day buy could be more profitable.
If you take a sell trade below 23.6, then use 23.6 as stoploss and 22.3 as target. However if you take a buy trade in Balkrishna Paper, then use 23.6 as stoploss and 24.58 as target.