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 |
| 08 Thu Jun 2023 | 27.10 | 26.15 to 27.50 | -0.18% | 1.5 times |
| 07 Wed Jun 2023 | 27.15 | 26.60 to 27.80 | -0.37% | 1.3 times |
| 06 Tue Jun 2023 | 27.25 | 26.50 to 27.30 | 4.01% | 1.41 times |
| 05 Mon Jun 2023 | 26.20 | 25.60 to 26.45 | 1.55% | 0.74 times |
| 02 Fri Jun 2023 | 25.80 | 25.40 to 26.10 | 0.58% | 0.61 times |
| 01 Thu Jun 2023 | 25.65 | 25.05 to 26.30 | -1.91% | 1.98 times |
| 31 Wed May 2023 | 26.15 | 25.10 to 26.90 | 0% | 1.2 times |
| 30 Tue May 2023 | 26.15 | 25.60 to 26.65 | 0.38% | 0.37 times |
| 29 Mon May 2023 | 26.05 | 26.00 to 26.95 | -0.76% | 0.89 times |
| 26 Fri May 2023 | 26.25 | 25.85 to 26.75 | 1.55% | 0.79 times |
| 25 Thu May 2023 | 25.85 | 25.05 to 26.10 | 2.99% | 0.7 times |
| 24 Wed May 2023 | 25.10 | 24.60 to 26.00 | -1.76% | 1.83 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Balkrishna Paper is bearish for shortterm, and stock might move down till 26.3 or till 25.2. Use a stoploss of 27.19 and if the stock hits stoploss, then it can shoot up till 28.07