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Technicals for Balkrishna Industries Limited
By MusingTheNews
2025-12-15 20:25
Overall Technical outlook
Price Summary
On 2025-12-15, BALKRISIND's stock started at 2340.0, reached a high of 2391.8, fell to 2337.8, and ended 1.74% higher at 2380.6, with 47746 shares traded. In the past year, the highest stock price was 2910.1, and the lowest was 2211.9. Based on recommendations from 18 analysts, the future price of BALKRISIND is expected to range from 1960.0 to 3195.0, with an average price expectation around 2324.9443.
Technicals
Support and Resistance: At 2380.6, the price is supported at 2299.8 and faces resistance at 2416.2. This range suggests that the price for BALKRISIND might stay between these levels, with 2299.8 acting as a floor and 2416.2 as a ceiling. Support/Resistance for BALKRISIND
Aroon: The current reading of the AROON 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. Aroon chart for Balkrishna Industries Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BALKRISIND, with no strong trend emerging. Bolinger Bands chart for Balkrishna Industries Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for BALKRISIND. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. 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. Stochastic chart for Balkrishna Industries Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Balkrishna Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Balkrishna Industries Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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