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Balu Forge Industries Limited

BALUFORGE.NS Technical Analysis Summary (NSE)

Analyze BALUFORGE.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BALUFORGE.NS●NSE
IndustrialsManufacturing - Metal Fabrication
₹422.05
₹20.50(4.63%)
Indian Market opens in 46h 50m

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

BALUFORGE.NS Technical Analysis Summary (NSE)

Balu Forge Industries Limited (NSE: BALUFORGE.NS) stock currently shows a bearish trend on the NSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 28.51)
Trend Strength:Moderate (ADX: 25.91)
Volatility:High (ATR: 21.19)
Support/Resistance:$437.11 – $531.43 (Bollinger Bands)

Technical conditions suggest Balu Forge Industries Limited on the NSE is awaiting a decisive move. This mix signals that Balu Forge Industries Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 28.51

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 5.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.66

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -13.68

Strongly Bearish
Sharp downside momentum.

Takeaway:Balu Forge Industries Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -19.66

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.91

Moderate
Moderate trend, direction gaining strength.

ATR (14): 21.19

Rising
Rising volatility, market activity increasing.

CCI (14): -205.74

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Balu Forge Industries Limited shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$531.43
Middle Band (SMA 20)
$484.27
Lower Band
$437.11
Current Position
Below Lower Band

Takeaway:Balu Forge Industries Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$522.78
Middle Line (EMA 20)
$480.39
Lower Channel
$438.00
Squeeze Status
No Squeeze

Takeaway:Balu Forge Industries Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume23.27M
Money Flow Index40.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index20.00Bearish, price momentum favors sellers.

Overall Takeaway:BALUFORGE.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Balu Forge Industries Limited (NSE: BALUFORGE.NS), here are the key trading signals and recommendations:

Bullish Signals

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:Balu Forge Industries Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(NSE: BALUFORGE.NS) Technical Analysis FAQ