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Stock analysis Balkrishna Industries Limited BALKRISIND

More indepth analysis on MunafaSutra.com

Moving Averages for Balkrishna Industries Limited

  • 5Day Average: 2762.37
  • 12Day Average: 2746.22
  • 20Day Average: 2774.11
  • 50Day Average: 2902.65
  • 100Day Average: 2964.39
  • 150Day Average: 2977.68
  • 200Day Average: 2813.41

BALKRISIND Indicators & signals

Indicator MACD (12,26,9)

2769.29, 2807.23, -49.43
Indicator MACD is in negative zone

Indicator ADX (14)

14.33, 16.58, 22.12
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BALKRISIND Balkrishna Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Mon Dec 2024 2814.95 2767.30 to 2823.15 1.25% 0.51 times
29 Fri Nov 2024 2780.15 2709.00 to 2794.95 2.29% 1.63 times
28 Thu Nov 2024 2717.95 2688.00 to 2760.65 -0.67% 1.6 times
27 Wed Nov 2024 2736.35 2709.65 to 2759.95 -0.94% 0.8 times
26 Tue Nov 2024 2762.45 2746.50 to 2795.00 0.61% 0.5 times
25 Mon Nov 2024 2745.75 2735.00 to 2804.85 -0.78% 2.48 times
22 Fri Nov 2024 2767.30 2712.10 to 2775.90 1.67% 0.24 times
21 Thu Nov 2024 2721.95 2711.65 to 2764.50 -1.72% 0.63 times
19 Tue Nov 2024 2769.65 2729.15 to 2811.95 0.83% 0.51 times
18 Mon Nov 2024 2746.75 2719.95 to 2769.95 0.29% 0.43 times
14 Thu Nov 2024 2738.70 2661.15 to 2760.00 3.24% 1.18 times
13 Wed Nov 2024 2652.70 2644.35 to 2746.25 -3.27% 3.12 times

Technical analysis forecast of Balkrishna Industries Limited 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 Industries Limited BALKRISIND at this time. Stock is rising and might rise more.

It appears as if Balkrishna Industries Limited BALKRISIND gave a large move recently.

Stock of Balkrishna Industries Limited (BALKRISIND) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Balkrishna Industries Limited is bullish for shortterm, and stock might move up till 2842.2 or till 2905.4. Use a stoploss of 2789.53 and if this stock hits its stoploss, then it can fall down till 2736.86

More indepth analysis on MunafaSutra.com