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Stock analysis Bal Pharma Limited BALPHARMA

More indepth analysis on MunafaSutra.com

Moving Averages for Bal Pharma Limited

  • 5Day Average: 118.86
  • 12Day Average: 115.78
  • 20Day Average: 112.37
  • 50Day Average: 105.19
  • 100Day Average: 107.83
  • 150Day Average: 107.46
  • 200Day Average: 103.9

BALPHARMA Indicators & signals

Indicator MACD (12,26,9)

116.06, 111.7, 4.05
Indicator MACD is in positive zone

Indicator ADX (14)

20.28, 30.94, 20.5
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
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
19 Wed Jun 2024 117.67 116.52 to 120.67 -0.73% 0.5 times
18 Tue Jun 2024 118.53 118.00 to 121.00 0.02% 0.52 times
14 Fri Jun 2024 118.51 116.50 to 120.49 -0.27% 0.54 times
13 Thu Jun 2024 118.83 118.00 to 122.18 -1.61% 0.48 times
12 Wed Jun 2024 120.78 120.10 to 125.00 -0.07% 0.96 times
11 Tue Jun 2024 120.87 120.00 to 125.40 0.72% 1.35 times
10 Mon Jun 2024 120.01 116.00 to 122.00 4.49% 2.24 times
07 Fri Jun 2024 114.85 111.50 to 116.80 2.36% 0.87 times
06 Thu Jun 2024 112.20 109.90 to 113.30 4.13% 0.95 times
05 Wed Jun 2024 107.75 100.30 to 109.00 2.72% 1.02 times
04 Tue Jun 2024 104.90 100.00 to 116.15 -8.34% 1.07 times
03 Mon Jun 2024 114.45 114.00 to 120.00 -0.17% 0.71 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bal Pharma Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 121.4 as stoploss in an intra day sell trade for a target of 113.32. However, stock will show a bullish move above 121.4.

More indepth analysis on MunafaSutra.com