Overall Technical outlook

Price Summary

On 2025-05-30, BALKRISIND's stock opened at 2488.0, reached a peak of 2496.2, dropped to 2460.2, and ended -0.64% down at 2472.2, with a volume of 518877 shares.
During the 52-week span, the stock hit a high of 3345.85 and a low of 2273.2.
According to 19 analysts, the future price is anticipated to vary between 1910.0 and 3195.0, with an average expected price of around 2536.3684.

Technicals


Aroon: The AROON 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.
BALKRISIND aroon b2186b
Aroon chart for Balkrishna Industries Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
BALKRISIND bbands b2186b
Bolinger Bands chart for Balkrishna Industries Limited


Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains.
BALKRISIND psar b2186b
Parabolic Stop and Reverse chart for Balkrishna Industries Limited


Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
BALKRISIND stoch b2186b
Stochastic chart for Balkrishna Industries Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
BALKRISIND trippleSMA b2186b
Tripple SMA chart for Balkrishna Industries Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.