Stock analysis Balu Forge Industries Ltd BALUFORGE
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Recent prices of BALUFORGE Balu Forge Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Thu May 2025 | 524.50 | 519.00 to 555.00 | -1.89% | 0.81 times |
| 07 Wed May 2025 | 534.60 | 509.85 to 542.00 | 0.68% | 1.14 times |
| 06 Tue May 2025 | 531.00 | 523.50 to 557.45 | -4.11% | 0.82 times |
| 05 Mon May 2025 | 553.75 | 537.45 to 559.00 | 3.55% | 0.83 times |
| 02 Fri May 2025 | 534.75 | 505.20 to 551.00 | 4.46% | 1.63 times |
| 30 Wed Apr 2025 | 511.90 | 510.00 to 540.05 | -4.77% | 0.86 times |
| 29 Tue Apr 2025 | 537.55 | 529.05 to 560.65 | -1.96% | 0.94 times |
| 28 Mon Apr 2025 | 548.30 | 539.20 to 570.00 | 0.21% | 0.91 times |
| 25 Fri Apr 2025 | 547.15 | 538.00 to 584.00 | -6.18% | 1.16 times |
| 24 Thu Apr 2025 | 583.20 | 577.00 to 589.00 | 0.79% | 0.64 times |
| 23 Wed Apr 2025 | 578.65 | 575.00 to 602.95 | -2.88% | 1.06 times |
| 22 Tue Apr 2025 | 595.80 | 591.55 to 609.00 | -1.08% | 1.1 times |
Technical analysis forecast for Balu Forge Industries Ltd 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 Balu Forge Industries Ltd BALUFORGE at this time. Stock is falling and might fall more.
It appears as if Balu Forge Industries Ltd BALUFORGE gave a large move recently.
Stock of Balu Forge Industries Ltd (BALUFORGE) 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 Balu Forge Industries Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 521.8 as stoploss in an intra day buy trade for a target of 558.5. However, stock will show a bearish move below 521.8.