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Stock analysis Bal Pharma Limited BALPHARMA

More indepth analysis on MunafaSutra.com

Moving Averages for Bal Pharma Limited

  • 5Day Average: 114.46
  • 12Day Average: 116.44
  • 20Day Average: 118.42
  • 50Day Average: 114.98
  • 100Day Average: 107.69
  • 150Day Average: 109.81
  • 200Day Average: 106.98

BALPHARMA Indicators & signals

Indicator MACD (12,26,9)

116.28, 116.64, 0.3
Indicator MACD is in negative zone

Indicator ADX (14)

7.88, 14.87, 17.42
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 61
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BALPHARMA Bal Pharma Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 117.30 114.01 to 119.78 1.25% 1.13 times
25 Thu Jul 2024 115.85 113.71 to 116.90 -0.88% 0.4 times
24 Wed Jul 2024 116.88 110.01 to 117.75 5.16% 0.97 times
23 Tue Jul 2024 111.14 109.18 to 116.05 0% 0.8 times
23 Tue Jul 2024 111.14 109.18 to 116.05 -1.37% 0.8 times
22 Mon Jul 2024 112.68 111.60 to 115.00 -0.1% 0.52 times
19 Fri Jul 2024 112.79 111.70 to 117.42 -3.1% 1.36 times
18 Thu Jul 2024 116.40 116.10 to 120.32 -2.87% 1.24 times
16 Tue Jul 2024 119.84 119.50 to 122.39 -1.36% 0.91 times
15 Mon Jul 2024 121.49 120.82 to 122.69 1.02% 0.7 times
12 Fri Jul 2024 120.26 118.01 to 124.95 -1.04% 2.32 times
11 Thu Jul 2024 121.52 120.71 to 124.00 -0.69% 1.23 times

Technical analysis forecast of Bal Pharma 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 Bal Pharma Limited BALPHARMA at this time. Stock is rising and might rise more.

It appears as if Bal Pharma Limited BALPHARMA gave a large move recently.

Stock of Bal Pharma Limited (BALPHARMA) 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 Bal Pharma Limited is bullish for shortterm, and stock might move up till 120.6 or till 125.2. Use a stoploss of 116.78 and if this stock hits its stoploss, then it can fall down till 112.95

More indepth analysis on MunafaSutra.com