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Technicals for Balkrishna Industries Limited
By MusingTheNews
2025-08-15 20:25
Overall Technical outlook
Price Summary
On 2025-08-13, Balkrishna Industries Limited's stock opened at 2424.9, spiked to 2425.0, declined to 2391.1, and closed -0.52% down at 2412.3, with 121761 shares traded. For the 52-week period, the stock's highest price is 3129.45, and the lowest price is 2273.2. The expected price range is between 2000.0 and 3195.0, with a mean anticipated price of 2560.7896, according to 19 analysts.
Technicals
Support and Resistance: The price sits at 2412.3, supported by 2416.2 and resisted by 2416.2. This indicates a trading range where 2416.2 provides a floor, preventing declines, and 2416.2 acts as a ceiling, limiting further price increases for BALKRISIND. Support/Resistance for BALKRISIND
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Balkrishna Industries Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Balkrishna Industries Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Balkrishna Industries Limited
Stochastic: The Stochastic K-line is positioned below the D-line and sits under 20, suggesting a mildly bearish scenario. This setup indicates that the market might face some downside pressure, though the bearish signal is not particularly strong. Investors should consider this as a cautious indicator and monitor for further developments. Stochastic chart for Balkrishna Industries Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for BALKRISIND, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Balkrishna Industries Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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