Stock analysis Balkrishna Industries Limited BALKRISIND
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Recent prices of BALKRISIND Balkrishna Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
11 Mon Dec 2023 | 2572.45 | 2565.00 to 2604.90 | -1.27% | 2.25 times |
08 Fri Dec 2023 | 2605.65 | 2560.20 to 2644.00 | -0.57% | 0.74 times |
07 Thu Dec 2023 | 2620.65 | 2578.00 to 2678.00 | 1.47% | 1.37 times |
06 Wed Dec 2023 | 2582.65 | 2576.00 to 2633.00 | -0.32% | 0.75 times |
05 Tue Dec 2023 | 2590.95 | 2548.20 to 2609.90 | 1.18% | 1.42 times |
04 Mon Dec 2023 | 2560.80 | 2529.00 to 2592.00 | 0.04% | 0.8 times |
01 Fri Dec 2023 | 2559.70 | 2548.00 to 2598.50 | -0.65% | 0.81 times |
30 Thu Nov 2023 | 2576.40 | 2568.75 to 2608.50 | -0.24% | 1.5 times |
29 Wed Nov 2023 | 2582.55 | 2575.00 to 2649.00 | -1.43% | 0.42 times |
28 Tue Nov 2023 | 2619.95 | 2570.80 to 2629.85 | 1.91% | 1.29 times |
24 Fri Nov 2023 | 2570.85 | 2547.20 to 2585.85 | 0.7% | 0.9 times |
23 Thu Nov 2023 | 2553.10 | 2501.90 to 2562.25 | 2.12% | 1.04 times |
Technical analysis forecast for Balkrishna Industries Limited 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 Industries Limited BALKRISIND at this time. Stock is falling and might fall more.
It appears as if Balkrishna Industries Limited BALKRISIND gave a large move recently.
Stock of Balkrishna Industries Limited (BALKRISIND) 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 Industries Limited is bearish for shortterm, and stock might move down till 2530.9 or till 2474.4. Use a stoploss of 2578.05 and if the stock hits stoploss, then it can shoot up till 2625.17