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 |
| 30 Tue Jan 2024 | 49.70 | 49.20 to 52.45 | 0.3% | 0.95 times |
| 29 Mon Jan 2024 | 49.55 | 48.05 to 56.60 | -1.88% | 2.41 times |
| 25 Thu Jan 2024 | 50.50 | 42.35 to 50.50 | 19.95% | 2.28 times |
| 24 Wed Jan 2024 | 42.10 | 40.60 to 43.05 | 0.6% | 0.23 times |
| 23 Tue Jan 2024 | 41.85 | 41.00 to 46.50 | -7.92% | 0.58 times |
| 22 Mon Jan 2024 | 45.45 | 41.70 to 46.00 | 8.21% | 0.94 times |
| 19 Fri Jan 2024 | 42.00 | 40.60 to 43.00 | 3.58% | 0.37 times |
| 18 Thu Jan 2024 | 40.55 | 39.50 to 41.25 | 0.37% | 0.15 times |
| 17 Wed Jan 2024 | 40.40 | 39.65 to 41.95 | -0.12% | 0.29 times |
| 16 Tue Jan 2024 | 40.45 | 39.75 to 44.65 | -6.47% | 0.86 times |
| 15 Mon Jan 2024 | 43.25 | 39.10 to 47.40 | 7.99% | 1.89 times |
| 12 Fri Jan 2024 | 40.05 | 39.35 to 41.40 | -2.08% | 0.34 times |
Technical analysis forecast of Balkrishna Paper Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Balkrishna Paper BALKRISHNA at this time. Stock is rising and might rise more.
It appears as if Balkrishna Paper BALKRISHNA gave a large move recently.
Stock of Balkrishna Paper (BALKRISHNA) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Balkrishna Paper is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Balkrishna Paper stays above 46.9, but if it comes below 46.9, then a intra day sell could be more profitable.
If you take a sell trade below 46.9, then use 46.9 as stoploss and 42.47 as target. However if you take a buy trade in Balkrishna Paper, then use 46.9 as stoploss and 52.3 as target.