Stock analysis Balmer Lawrie & Company Limited BALMLAWRIE
More indepth analysis on MunafaSutra.com
Recent prices of BALMLAWRIE Balmer Lawrie & Company Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 215.99 | 213.20 to 221.70 | 0.35% | 1.04 times |
| 18 Mon Nov 2024 | 215.23 | 211.80 to 218.00 | -0.27% | 0.97 times |
| 14 Thu Nov 2024 | 215.82 | 214.81 to 222.95 | -0.32% | 0.99 times |
| 13 Wed Nov 2024 | 216.51 | 215.00 to 225.49 | -3.01% | 1.69 times |
| 12 Tue Nov 2024 | 223.22 | 220.00 to 230.35 | -0.7% | 0.84 times |
| 11 Mon Nov 2024 | 224.79 | 224.25 to 228.92 | -1.76% | 0.89 times |
| 08 Fri Nov 2024 | 228.82 | 228.05 to 235.80 | -2.69% | 0.7 times |
| 07 Thu Nov 2024 | 235.15 | 234.17 to 240.90 | -2.45% | 0.81 times |
| 06 Wed Nov 2024 | 241.05 | 230.55 to 242.65 | 2.63% | 1.21 times |
| 05 Tue Nov 2024 | 234.87 | 233.52 to 239.81 | -0.79% | 0.89 times |
| 04 Mon Nov 2024 | 236.75 | 234.05 to 243.00 | -2.15% | 1.02 times |
| 01 Fri Nov 2024 | 241.94 | 239.85 to 243.87 | 0.68% | 0.25 times |
Technical analysis forecast for Balmer Lawrie & Company 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 Balmer Lawrie & Company Limited BALMLAWRIE at this time. Stock is falling and might fall more.
It appears as if Balmer Lawrie & Company Limited BALMLAWRIE gave a large move recently.
Stock of Balmer Lawrie & Company Limited (BALMLAWRIE) 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 Balmer Lawrie & Company Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Balmer Lawrie & Company Limited stays below 221.6, but if it comes above 221.6, then a intra day buy could be more profitable.
If you take a sell trade below 221.6, then use 221.6 as stoploss and 211.1 as target. However if you take a buy trade in Balmer Lawrie & Company Limited, then use 221.6 as stoploss and 230.25 as target.