Overall Technical outlook

Price Summary

The stock of Balkrishna Industries Limited experienced a 2.7% rise, showcasing a stellar market performance.
Balkrishna Industries Limited's stock began trading at 2215.0 on 2025-10-16, soared to 2294.5, dipped to 2214.8, and finished the day 2.7% up at 2274.7, with 202210 shares exchanged.
Over the past year, the stock's highest price was 2998.65, and its lowest was 2211.9.
The anticipated price is forecasted to be between 2000.0 and 3195.0, with an average price expectation of 2505.6667, based on input from 18 analysts.

Technicals

Support and Resistance: The current price of 2274.7 is supported at 2232.0, with resistance at 2299.8. This suggests that the price for BALKRISIND might remain between these levels, where 2232.0 acts as a floor and 2299.8 as a ceiling in the market.
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Support/Resistance for BALKRISIND


Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Aroon chart for Balkrishna Industries Limited


Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Bolinger Bands chart for Balkrishna Industries Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for BALKRISIND.
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Parabolic Stop and Reverse chart for Balkrishna Industries Limited


Stochastic: The current reading of the STOCHASTIC 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.
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Stochastic chart for Balkrishna Industries Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for BALKRISIND, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent.
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Tripple SMA chart for Balkrishna Industries Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.