Overall Technical outlook

Price Summary

2025-05-30, saw BALRAMCHIN's stock open at 586.0, hit a peak of 595.45, fall to a low of 580.0, and close higher 0.73% at 590.3, with 353912 shares changing hands.
The top price for the stock in the last 52 weeks is 680.55, with the bottom price being 364.1.
Based on recommendations from 7 analysts, the future price of BALRAMCHIN is expected to range from 580.0 to 720.0, with an average price expectation around 668.5714.

Technicals

Support and Resistance: The price for BALRAMCHIN is 590.3, with support at 575.85 and resistance at 608.7. This suggests a range where 575.85 acts as a base, preventing declines, and 608.7 caps gains, defining key trading levels.
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Support/Resistance for BALRAMCHIN


Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding at the 100 level for BALRAMCHIN. This shows strong upward momentum, but further analysis using additional indicators is necessary to determine the trend's sustainability and future potential.
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Aroon chart for Balrampur Chini Mills Limited


Bol. Bands: In the latest price action, the current price has surpassed the upper Bollinger Band, indicating a bullish breakout. This upward movement suggests that the market is experiencing strong buying pressure, driving the price higher. Such a move is often seen as a sign of increasing momentum, potentially leading to continued upward movement.
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Bolinger Bands chart for Balrampur Chini Mills Limited


Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net.
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Parabolic Stop and Reverse chart for Balrampur Chini Mills Limited


Stochastic: The stochastic indicator for Balrampur Chini Mills Limited reflects a bullish sentiment, as the K-line is above both the D-line and the 80 threshold. This setup points to strong upward momentum, implying that the market may continue to rise. Traders could consider this as an indication of sustained bullish activity.
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Stochastic chart for Balrampur Chini Mills Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Balrampur Chini Mills Limited.
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Tripple SMA chart for Balrampur Chini Mills Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.