BALKRISIND - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.0

📉 BALKRISIND is currently consolidating with a bearish tilt. Weak MACD and RSI suggest limited short-term momentum, though long-term fundamentals remain stable.

📊 Technical Analysis Summary

• Trend Status: Consolidating with mild bearish bias
• RSI (42.8): Weak momentum — approaching oversold territory
• MACD (-11.8): Bearish crossover — signals downward pressure
• Volume: Above 1-week average — increased activity, possibly institutional
• DMA 50 & 200: Price below both — bearish structure
• Bollinger Bands: Price near lower band — potential for technical bounce

Sources: Stock Price Archive

stockpricearchive.com

, WalletInvestor Forecast

WalletInvestor.com

, DailyBulls Technical Analysis

tick.dailybulls.in

🎯 Entry & Exit Zones

• Support Levels: ₹2,200, ₹2,150, ₹2,100
• Resistance Levels: ₹2,360, ₹2,430, ₹2,516
• Optimal Entry: ₹2,200–₹2,250 (if RSI stabilizes)
• Exit Target: ₹2,430–₹2,500 (short-term resistance)

✅ Positive

• Strong ROCE (16.5%) and ROE (15.5%) — efficient capital use
• EPS of ₹70 — solid earnings base
• FII holding increased by 0.20% — institutional interest
• Dividend yield of 0.71% — modest income potential

⚠️ Limitation

• Price below 50 DMA and 200 DMA — bearish signal
• MACD and RSI both weak — limited momentum
• PEG ratio (7.52) — valuation concerns
• Quarterly PAT declined by 24.3%

📉 Company Negative News

• Short-term underperformance and high volatility observed

  tick.dailybulls.in

• Stock trading near lower range — weak sentiment

📈 Company Positive News

• 5-year return of 102.8% — strong long-term performance

  stockpricearchive.com

• Profit margin of 16.1% and 7.4% quarterly revenue growth

  stockpricearchive.com

🏭 Industry

• Sector: Auto Parts / Consumer Cyclical
• Industry P/E: 31.5 vs BALKRISIND’s P/E: 32.7 — fairly valued
• Sector outlook stable with cyclical demand patterns

🧾 Conclusion

• BALKRISIND is consolidating with bearish short-term signals
• Entry near ₹2,200–₹2,250 with targets at ₹2,430–₹2,500
• Monitor RSI and MACD for signs of reversal
• Long-term investors may hold; short-term traders should wait for confirmation