Login or Join
 Learn then Earn

(BALAJITELE) Balaji Telefilms complete technical analysis [charts+indicators] | Buy/Sell Balaji Telefilms | (BALAJITELE) share price targets

Complete technical analysis of Balaji Telefilms (BALAJITELE) by charts plus indicators, forecast predictions and share price targets for Balaji Telefilms (BALAJITELE)

10 day averaged volume of Balaji Telefilms is 136698

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 70.80 71.10 72.40 70.50 0.751 times
20 Mon May 2024 72.40 71.00 74.00 70.80 0.335 times
17 Fri May 2024 70.65 69.00 71.30 68.85 0.902 times
16 Thu May 2024 70.00 71.65 71.65 69.50 1.134 times
15 Wed May 2024 71.15 71.50 73.00 70.30 0.783 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 70.7 as stoploss in an intra day buy trade for a target of 74.89. However, stock will show a bearish move below 70.7.

Share price targets for Balaji Telefilms (BALAJITELE)

Target Type Value
Downside Target 68.05
Downside Target 70.50
Upside Target 73.00
Upside Target 78.30
Upside Target 79.90
Upside Target 83.65
Upside Target 84.35
Upside Target 88.30
Upside Target 88.85
Upside Target 100.80
Upside Target 128.40
Upside Target 143.70

Intraday share price targets for Balaji Telefilms (BALAJITELE)

Target Type Value
Downside Intraday Target 69.53
Downside Intraday Target 68.27
Upside Intraday Target 73.03
Upside Intraday Target 75.27
Upside Intraday Target 71.77

Weekly technical analysis of Balaji Telefilms (BALAJITELE)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 70.80 71.00 74.00 70.50 0.21 times
17 Fri May 2024 70.65 72.00 73.00 68.05 0.863 times
10 Fri May 2024 71.15 79.70 79.90 70.55 0.962 times
03 Fri May 2024 78.70 84.35 84.35 78.30 1.029 times
26 Fri Apr 2024 80.35 78.95 80.35 76.00 1.463 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Balaji Telefilms (BALAJITELE)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 70.80 83.15 83.65 68.05 0.392 times
30 Tue Apr 2024 81.70 77.50 88.85 75.00 0.349 times
28 Thu Mar 2024 73.85 124.20 128.40 73.50 0.354 times
29 Thu Feb 2024 124.20 88.45 143.70 88.30 1.198 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Balaji Telefilms (BALAJITELE)

Indicator Name Indicator Value Indicator Signal
ADX 18, 27, 20 Sell
MACD -7, -7Buy
Stochastics 35None
CCI -18Sell
RSI 60Buy
OBV -903888Sell
VWAP 71Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balaji Telefilms ( (BALAJITELE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Balaji Telefilms stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Balaji Telefilms in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balaji Telefilms Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Balaji Telefilms in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Balaji Telefilms is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.16 and Balaji Telefilms (BALAJITELE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Balaji Telefilms (BALAJITELE) stock. Volume based technical analysis of Balaji Telefilms (BALAJITELE) stock is negative.

Balaji Telefilms Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Balaji Telefilms charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme