Balu Forge (BALUFORGE) Technical (Analysis) Reports Balu Forge ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Balu Forge (BALUFORGE)
Technical Analysis Report for NSE stock BALUFORGE Balu Forge. Dated: 29 Nov 2024 Updated Daily. Stock trades in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock BALUFORGE Balu Forge then click here. or read Experts views on Balu Forge or Forecast & share price targets of Balu Forge
Balu Forge Opened at 726.70 and Closed at: 744.25, which is 2.71% of previous session's close. It moved within a range of 726.00 and 752.45
The session was a Bullish session with an average volume of 414552, which is 33.3% of previous session's volumes.
- There is some positive change in the mid term trend, but its too soon to jump onto conclusions.
A Dead cross was found 4 days back on short term averages
A Golden cross was found 9 days back on short term averages
Support for tomorrow is 735.13 and resistance for tomorrow is 761.58
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 729.35, 714.45 resistance for tomorrow's hourly charts is 755.8, 767.35
10 Day SMA for Balu Forge (BALUFORGE) is 742.74 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Balu Forge (BALUFORGE) is 751.16 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Balu Forge (BALUFORGE) is 762.03 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 686.02 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Balu Forge is and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Balu Forge is at 751.16 and 200 DMA is at , while 50 DMA and 100 DMA are at 762.03 and 686.02 respectively
Balu Forge (BALUFORGE) moving average of 20 SMA is at 751.16 and 20 EMA is at 747.82
Date | Closing Price | 20 SMA | 20 EMA |
29 Fri Nov | 744.25 | 751.16 | 747.82 |
28 Thu Nov | 724.05 | 751.16 | 748.2 |
27 Wed Nov | 732.85 | 751.57 | 750.74 |
26 Tue Nov | 734.55 | 751.67 | 752.62 |
25 Mon Nov | 741.05 | 749.72 | 754.52 |
22 Fri Nov | 744.30 | 749.72 | 755.94 |
Balu Forge (BALUFORGE) moving average of 50 SMA is at 762.03 and 50 EMA is at 739.36
Date | Closing Price | 50 SMA | 50 EMA |
29 Fri Nov | 744.25 | 762.03 | 739.36 |
28 Thu Nov | 724.05 | 761.95 | 739.16 |
27 Wed Nov | 732.85 | 762.75 | 739.78 |
26 Tue Nov | 734.55 | 764.14 | 740.06 |
25 Mon Nov | 741.05 | 765.24 | 740.29 |
22 Fri Nov | 744.30 | 766.81 | 740.26 |
Balu Forge (BALUFORGE) moving average of 100 SMA is at 686.02 and 100 EMA is at 650.04
Date | Closing Price | 100 SMA | 100 EMA |
29 Fri Nov | 744.25 | 686.02 | 650.04 |
28 Thu Nov | 724.05 | 682.74 | 648.14 |
27 Wed Nov | 732.85 | 679.32 | 646.61 |
26 Tue Nov | 734.55 | 675.92 | 644.87 |
25 Mon Nov | 741.05 | 672.5 | 643.06 |
22 Fri Nov | 744.30 | 668.72 | 641.08 |
Balu Forge (BALUFORGE) moving average of 200 SMA is at and 200 EMA is at 0
Date | Closing Price | 200 SMA | 200 EMA |
29 Fri Nov | 744.25 | 0 | |
28 Thu Nov | 724.05 | 0 | |
27 Wed Nov | 732.85 | 0 | |
26 Tue Nov | 734.55 | 0 | |
25 Mon Nov | 741.05 | 0 | |
22 Fri Nov | 744.30 | 0 |
Balu Forge Technical analysis of indicators
Price action analysis of Balu Forge (BALUFORGE) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Balu Forge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Balu Forge in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Balu Forge 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Balu Forge in short term but BUY signal is weak.
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 Balu Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 744.24 and Balu Forge BALUFORGE stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Balu Forge BALUFORGE stock. Volume based technical analysis of Balu Forge BALUFORGE stock is negative.
Balu Forge Stock is giving positive 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NSE stock BALUFORGE Balu Forge These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And BALUFORGE Experts View which covers a lot of information including buying and selling signals
BALUFORGE future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Balu Forge or View Candle Stick Charts here
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