Stock analysis Balkrishna Paper BALKRISHNA
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Recent prices of BALKRISHNA Balkrishna Paper are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 18 Tue Feb 2025 | 18.94 | 18.90 to 19.44 | 1.34% | 0.24 times |
| 17 Mon Feb 2025 | 18.69 | 18.11 to 19.50 | -0.37% | 0.33 times |
| 14 Fri Feb 2025 | 18.76 | 18.40 to 20.23 | -3.79% | 1.2 times |
| 13 Thu Feb 2025 | 19.50 | 19.24 to 20.69 | 0% | 0.31 times |
| 12 Wed Feb 2025 | 19.50 | 18.73 to 20.80 | -2.74% | 1.82 times |
| 11 Tue Feb 2025 | 20.05 | 19.67 to 21.48 | -4.71% | 2.12 times |
| 10 Mon Feb 2025 | 21.04 | 20.61 to 22.09 | -4.28% | 1.66 times |
| 07 Fri Feb 2025 | 21.98 | 21.60 to 22.70 | -3.21% | 0.76 times |
| 06 Thu Feb 2025 | 22.71 | 21.98 to 23.50 | 5.24% | 0.66 times |
| 05 Wed Feb 2025 | 21.58 | 21.55 to 22.04 | 0.14% | 0.51 times |
| 04 Tue Feb 2025 | 21.55 | 21.50 to 22.19 | -0.78% | 0.63 times |
| 03 Mon Feb 2025 | 21.72 | 21.50 to 22.40 | -3.98% | 0.94 times |
Technical analysis forecast for Balkrishna Paper 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 Balkrishna Paper BALKRISHNA at this time. Stock is falling and might fall more.
It appears as if Balkrishna Paper BALKRISHNA gave a large move recently.
Stock of Balkrishna Paper (BALKRISHNA) 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 Balkrishna Paper is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Balkrishna Paper stays below 19.5, but if it comes above 19.5, then a intra day buy could be more profitable.
If you take a sell trade below 19.5, then use 19.5 as stoploss and 17.6 as target. However if you take a buy trade in Balkrishna Paper, then use 19.5 as stoploss and 21.04 as target.