Munafa Balu Forge Industries Ltd (BALUFORGE) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Balu Forge Industries Ltd (BALUFORGE) Indicator analysis

Balu Forge Industries Ltd stock tips (delivery Volume analysis)

Total 5 day volume for Balu Forge Industries Ltd is 6616360, out of which 2483889 went into delivery, which is 37.54 percent of total volumes

Volumes in the last session was 2397980, out of which 960872 went into delivery, which is 40.07 percent of total volumes.

Although some deliveries are being taken in the stock, still its not a comfortable percentage. The stock might show a slow down or possibly a reversal of its trend in coming days.

Balu Forge BALUFORGE intraday stock tips

10 Tuesday February Stock tips for Balu Forge (BALUFORGE) Stock 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.

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Balu Forge stays above 490.1, but if it comes below 490.1, then a intra day sell could be more profitable.
If you take a sell trade below 490.1, then use 490.1 as stoploss and 452.94 as target. However if you take a buy trade in Balu Forge, then use 490.1 as stoploss and 534.8 as target.

09 Monday February Stock tips for Balu Forge (BALUFORGE) Stock 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.

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Balu Forge stays above 481.7, but if it comes below 481.7, then a intra day sell could be more profitable.
If you take a sell trade below 481.7, then use 481.7 as stoploss and 448.13 as target. However if you take a buy trade in Balu Forge, then use 481.7 as stoploss and 521.9 as target.

06 Friday February Stock tips for Balu Forge Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bearish for shortterm, and stock might move down till 412.7 or till 375. Use a stoploss of 444.11 and if the stock hits stoploss, then it can shoot up till 475.52

05 Thursday February Stock tips for Balu Forge (BALUFORGE) Stock 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.

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bullish for shortterm, and stock might move up till 480.6 or till 524.3. Use a stoploss of 444.27 and if this stock hits its stoploss, then it can fall down till 407.91

04 Wednesday February Stock tips for Balu Forge (BALUFORGE) Stock 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.

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bullish for shortterm, and stock might move up till 485.1 or till 534.4. Use a stoploss of 444.05 and if this stock hits its stoploss, then it can fall down till 402.98

03 Tuesday February Stock tips for Balu Forge Stock 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...

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bearish for shortterm, and stock might move down till 390.7 or till 327.2. Use a stoploss of 443.52 and if the stock hits stoploss, then it can shoot up till 496.39

02 Monday February Stock tips for Balu Forge Stock 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...

It appears as if Balu Forge BALUFORGE gave a large move recently.

My analysis of Balu Forge is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 383 as stoploss in an intra day buy trade for a target of 445.96. However, stock will show a bearish move below 383.

Balu Forge BALUFORGE tips for tomorrow

Tomorrow's movement Prediction of Balu Forge BALUFORGE appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.

Tomorrow's movement Prediction of Balu Forge BALUFORGE looks Bullish! There has been some positive changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of Balu Forge BALUFORGE is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 476.28

Munafa value: 71

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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