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 Fri Jul 2024 | 24.21 | 23.60 to 24.55 | 2.67% | 0.87 times |
25 Thu Jul 2024 | 23.58 | 23.40 to 23.99 | -1.05% | 0.94 times |
24 Wed Jul 2024 | 23.83 | 23.17 to 24.00 | 2.58% | 0.52 times |
23 Tue Jul 2024 | 23.23 | 23.00 to 23.98 | 0% | 0.73 times |
23 Tue Jul 2024 | 23.23 | 23.00 to 23.98 | -1.69% | 0.73 times |
22 Mon Jul 2024 | 23.63 | 23.25 to 24.15 | 0.34% | 0.38 times |
19 Fri Jul 2024 | 23.55 | 23.38 to 24.67 | -3.36% | 1.29 times |
18 Thu Jul 2024 | 24.37 | 24.21 to 25.30 | -1.54% | 1.07 times |
16 Tue Jul 2024 | 24.75 | 24.56 to 25.50 | -1.16% | 1.09 times |
15 Mon Jul 2024 | 25.04 | 24.22 to 25.50 | 2.04% | 1.72 times |
12 Fri Jul 2024 | 24.54 | 24.26 to 25.94 | -0.08% | 1.53 times |
11 Thu Jul 2024 | 24.56 | 24.31 to 25.25 | -0.73% | 1.77 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, and stock might move down till 23.6 or till 22.5. Use a stoploss of 24.44 and if the stock hits stoploss, then it can shoot up till 25.32