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(Balgopal) Balgopal complete technical analysis [charts+indicators] | Buy/Sell Balgopal | (Balgopal) share price targets

Complete technical analysis of Balgopal (Balgopal) by charts plus indicators, forecast predictions and share price targets for Balgopal (Balgopal)

Showing technical analysis as on 2024-01-23 View latest technical analysis

10 day averaged volume of Balgopal is 1273

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	37.33	37.33	37.33	37.33	2.332 times
22 Mon Jan 2024	35.56	32.86	36.30	32.86	0.73 times
19 Fri Jan 2024	34.58	36.41	37.48	34.00	1.698 times
18 Thu Jan 2024	35.70	33.01	35.70	33.01	0.507 times
17 Wed Jan 2024	34.00	36.95	36.95	34.00	0.446 times
16 Tue Jan 2024	35.22	38.32	38.32	34.70	2.371 times
15 Mon Jan 2024	36.50	36.50	38.25	36.50	1.88 times
12 Fri Jan 2024	36.44	35.29	37.00	35.29	0.737 times
11 Thu Jan 2024	35.29	35.50	35.50	34.00	0.962 times
10 Wed Jan 2024	34.99	33.25	34.99	33.25	0.082 times

Stock of Balgopal (Balgopal) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36, but if it comes below 36, then a intra day sell could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 34.2 as target. However if you take a buy trade in stock , then use 36 as stoploss and 38.2 as target.

Share price targets for Balgopal (Balgopal)

Target Type	Value
Downside Target	19.41
Downside Target	19.90
Downside Target	23.88
Downside Target	27.02
Downside Target	28.71
Downside Target	30.85
Downside Target	32.86
Downside Target	35.66
Downside Target	35.70
Downside Target	37.00
Downside Target	37.33
Upside Target	38.32
Upside Target	38.55

Intraday share price targets for Balgopal (Balgopal)

Target Type	Value
Downside Intraday Target	34.35
Downside Intraday Target	31.37
Upside Intraday Target	38.82
Upside Intraday Target	40.31
Downside Intraday Target	35.84

Weekly technical analysis of Balgopal (Balgopal)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	37.33	32.86	37.33	32.86	0.443 times
19 Fri Jan 2024	34.58	36.50	38.32	33.01	1.546 times
12 Fri Jan 2024	36.44	30.85	37.00	30.85	0.751 times
05 Fri Jan 2024	32.44	30.21	35.70	28.71	1.999 times
29 Fri Dec 2023	30.21	32.37	33.98	29.53	1.202 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Balgopal (Balgopal)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	37.33	30.21	38.32	28.71	1.77 times
29 Fri Dec 2023	30.21	29.19	38.55	29.19	0.347 times
30 Thu Nov 2023	29.93	29.00	35.66	27.02	0.042 times
31 Tue Oct 2023	28.96	21.63	33.36	19.41	2.286 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Balgopal (Balgopal)

Price action analysis of Balgopal ( (Balgopal) ) 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.

Price action analysis of Balgopal ( (Balgopal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balgopal ( (Balgopal) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Balgopal ( (Balgopal) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Balgopal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Balgopal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balgopal 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Balgopal in short term and BUY signal is strong.

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 Balgopal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.83 and Balgopal (Balgopal) 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 Balgopal (Balgopal) stock. Volume based technical analysis of Balgopal (Balgopal) stock is negative.

Balgopal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.