Homepage Active Options Active Stocks

Stock analysis Balaxi Ventures Limited BALAXI

More indepth analysis on MunafaSutra.com

Moving Averages for Balaxi Ventures Limited

  • 5Day Average: 77.09
  • 12Day Average: 74.29
  • 20Day Average: 75.8
  • 50Day Average: 79.83
  • 100Day Average: 91.39
  • 150Day Average: 99.26
  • 200Day Average: 201.47

BALAXI Indicators & signals

Indicator MACD (12,26,9)

75.5, 77.16, -2.04
Indicator MACD is in negative zone

Indicator ADX (14)

7.69, 18.83, 21.97
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BALAXI Balaxi Ventures Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 72.14 71.50 to 75.93 -3.76% 0.33 times
09 Thu Jan 2025 74.96 73.06 to 79.29 -3.63% 0.42 times
08 Wed Jan 2025 77.78 77.25 to 84.00 -4.98% 0.42 times
07 Tue Jan 2025 81.86 78.69 to 83.75 4.03% 1.89 times
06 Mon Jan 2025 78.69 72.41 to 82.00 8.43% 4.14 times
03 Fri Jan 2025 72.57 71.00 to 74.00 -1.45% 0.24 times
02 Thu Jan 2025 73.64 70.83 to 76.00 2.28% 0.93 times
01 Wed Jan 2025 72.00 71.51 to 72.99 -0.43% 0.25 times
31 Tue Dec 2024 72.31 70.30 to 74.22 0.77% 0.33 times
30 Mon Dec 2024 71.76 70.70 to 73.00 2.34% 0.33 times
27 Fri Dec 2024 70.12 68.91 to 75.00 -4.77% 1.03 times
26 Thu Dec 2024 73.63 73.40 to 75.46 -1.91% 0.21 times

Technical analysis forecast for Balaxi Ventures Limited 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 Balaxi Ventures Limited BALAXI at this time. Stock is falling and might fall more.

It appears as if Balaxi Ventures Limited BALAXI gave a large move recently.

Stock of Balaxi Ventures Limited (BALAXI) 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.

My analysis of Balaxi Ventures Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Balaxi Ventures Limited stays below 72.7, but if it comes above 72.7, then a intra day buy could be more profitable.
If you take a sell trade below 72.7, then use 72.7 as stoploss and 68.3 as target. However if you take a buy trade in Balaxi Ventures Limited, then use 72.7 as stoploss and 76.35 as target.

More indepth analysis on MunafaSutra.com