Stock analysis Balkrishna Industries Limited BALKRISIND
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Recent prices of BALKRISIND Balkrishna Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Fri Jan 2025 | 2652.20 | 2630.10 to 2739.75 | -2.81% | 1.64 times |
| 23 Thu Jan 2025 | 2728.90 | 2664.05 to 2765.95 | 0.76% | 0.36 times |
| 22 Wed Jan 2025 | 2708.45 | 2645.20 to 2719.00 | 1% | 1.64 times |
| 21 Tue Jan 2025 | 2681.60 | 2666.80 to 2824.00 | -1.47% | 2.63 times |
| 20 Mon Jan 2025 | 2721.50 | 2647.70 to 2731.95 | 0.58% | 0.69 times |
| 17 Fri Jan 2025 | 2705.85 | 2684.00 to 2729.90 | -0.71% | 0.67 times |
| 16 Thu Jan 2025 | 2725.30 | 2658.60 to 2731.65 | 1.68% | 1.26 times |
| 15 Wed Jan 2025 | 2680.30 | 2675.00 to 2743.85 | -0.93% | 0.57 times |
| 14 Tue Jan 2025 | 2705.35 | 2610.00 to 2723.05 | 4.22% | 1.27 times |
| 13 Mon Jan 2025 | 2595.75 | 2585.05 to 2719.75 | 0% | 0.46 times |
| 13 Mon Jan 2025 | 2595.75 | 2585.05 to 2719.75 | -5.01% | 0.46 times |
| 10 Fri Jan 2025 | 2732.65 | 2721.60 to 2783.05 | -1.67% | 0.8 times |
Technical analysis forecast for Balkrishna Industries 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 Balkrishna Industries Limited BALKRISIND at this time. Stock is falling and might fall more.
It appears as if Balkrishna Industries Limited BALKRISIND gave a large move recently.
Stock of Balkrishna Industries Limited (BALKRISIND) 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 Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2643.4 as stoploss in an intra day buy trade for a target of 2726.84. However, stock will show a bearish move below 2643.4.