Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Balkrishna Industries Limited

BALKRISIND.BO•BSE
Consumer Cyclical
Auto - Parts
₹2516.60
₹0.00(0.00%)
Indian Market opens in 11h 33m

Balkrishna Industries Limited (BALKRISIND.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Balkrishna Industries Limited (BSE:BALKRISIND.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BALKRISIND.BO Technical Analysis Summary

Balkrishna Industries Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.59)
Trend Strength:Strong (ADX: 33.57)
Volatility:Medium (ATR: 81.94)
Support/Resistance:$2311.20 – $2802.39 (Bollinger Bands)

Technical conditions suggest Balkrishna Industries Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.59

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 12.54

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.72

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -6.32

Strongly Bearish
Sharp downside momentum.

Takeaway:Balkrishna Industries Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 20.36

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.57

Strong
Strong trend, momentum well established.

ATR (14): 81.94

Rising
Rising volatility, market activity increasing.

CCI (14): -85.41

Bearish
Bearish, momentum remains under pressure.

Takeaway:Balkrishna Industries Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2802.39
Middle Band (SMA 20)
$2556.80
Lower Band
$2311.20
Current Position
Within Bands

Takeaway:Balkrishna Industries Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2697.50
Middle Line (EMA 20)
$2533.62
Lower Channel
$2369.74
Squeeze Status
No Squeeze

Takeaway:Balkrishna Industries Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-145.53K
Money Flow Index35.70Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.00Bearish, price momentum favors sellers.

Overall Takeaway:BALKRISIND.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Balkrishna Industries Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Balkrishna Industries Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ