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(LGBBROSLTD) Lg Balakrishnan complete technical analysis [charts+indicators] | Buy/Sell Lg Balakrishnan | (LGBBROSLTD) share price targets

Complete technical analysis of Lg Balakrishnan (LGBBROSLTD) by charts plus indicators, forecast predictions and share price targets for Lg Balakrishnan (LGBBROSLTD)

10 day averaged volume of Lg Balakrishnan is 17828

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1264.40 1274.75 1277.15 1260.55 0.556 times
16 Thu May 2024 1268.40 1285.00 1292.40 1262.95 0.762 times
15 Wed May 2024 1280.15 1297.00 1297.00 1276.70 0.596 times
14 Tue May 2024 1294.75 1273.25 1297.95 1259.60 0.791 times
13 Mon May 2024 1260.65 1264.00 1272.00 1240.00 0.791 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1270.8, but if it comes above 1270.8, then a intra day buy could be more profitable.
If you take a sell trade below 1270.8, then use 1270.8 as stoploss and 1246.2 as target. However if you take a buy trade in stock , then use 1270.8 as stoploss and 1291.39 as target.

Share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type Value
Downside Target 1102.00
Downside Target 1223.05
Upside Target 1297.95
Upside Target 1305.95
Upside Target 1325.00
Upside Target 1332.70
Upside Target 1355.00
Upside Target 1361.00
Upside Target 1425.00

Intraday share price targets for Lg Balakrishnan (LGBBROSLTD)

Target Type Value
Downside Intraday Target 1236.95
Downside Intraday Target 1209.5
Upside Intraday Target 1294.9
Upside Intraday Target 1325.4
Upside Intraday Target 1267.45

Weekly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1264.40 1264.00 1297.95 1240.00 0.538 times
10 Fri May 2024 1261.00 1355.00 1355.00 1249.95 0.464 times
03 Fri May 2024 1332.55 1305.00 1361.00 1258.70 2.061 times
26 Fri Apr 2024 1304.35 1281.90 1332.70 1270.00 0.943 times
19 Fri Apr 2024 1273.05 1235.00 1325.00 1223.05 0.822 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Lg Balakrishnan (LGBBROSLTD)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1264.40 1286.65 1361.00 1240.00 0.436 times
30 Tue Apr 2024 1280.20 1271.00 1332.70 1223.05 1.154 times
28 Thu Mar 2024 1270.90 1140.95 1278.85 1102.00 0.87 times
29 Thu Feb 2024 1140.95 1285.00 1305.95 1119.35 0.726 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Lg Balakrishnan (LGBBROSLTD)

Indicator Name Indicator Value Indicator Signal
ADX 16, 20, 9 Sell
MACD 12, 20Sell
Stochastics 26Sell
CCI -77Sell
RSI 62Buy
OBV -152847Sell
VWAP 1283Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lg Balakrishnan ( (LGBBROSLTD) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Lg Balakrishnan stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Lg Balakrishnan in short term but the sell signal is initial and weak.

Lg Balakrishnan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Lg Balakrishnan in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lg Balakrishnan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1283.17 and Lg Balakrishnan (LGBBROSLTD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Lg Balakrishnan (LGBBROSLTD) stock. Volume based technical analysis of Lg Balakrishnan (LGBBROSLTD) stock is negative.

Lg Balakrishnan Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Lg Balakrishnan charts

Click here for further forecast and predictions for tomorrow

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