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Balkrishna Industries Limited

BALKRISIND.BO Technical Analysis Summary (BSE)

Analyze BALKRISIND.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BALKRISIND.BOBSE
Consumer CyclicalAuto - Parts
2022.80
11.20(0.56%)
Indian Market opens in 16h 41m

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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 (BSE)

Balkrishna Industries Limited (BSE: BALKRISIND.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 34.68)
Trend Strength:Weak (ADX: 17.86)
Volatility:Medium (ATR: 61.21)
Support/Resistance:$1984.07 – $2314.12 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 34.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.37

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.75

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.74

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -45.70

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.86

Weak
Weak trend, market trading sideways.

ATR (14): 61.21

Rising
Rising volatility, market activity increasing.

CCI (14): -105.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Balkrishna Industries Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2314.12
Middle Band (SMA 20)
$2149.09
Lower Band
$1984.07
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2242.73
Middle Line (EMA 20)
$2120.31
Lower Channel
$1997.88
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-975.81K
Money Flow Index4.63Bullish, oversold conditions signal rebound potential.
Relative Vigor Index29.15Bearish, price momentum favors sellers.

Overall Takeaway:BALKRISIND.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Balkrishna Industries Limited (BSE: BALKRISIND.BO), here are the key trading signals and recommendations:

Bullish Signals

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.

(BSE: BALKRISIND.BO) Technical Analysis FAQ