Balu Forge Industries (BALUFORGE.BO) Technical Analysis
As of 2026-07-22, BALUFORGE.BO last traded at 429.25 INR (-2.68% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 424.2 INR support below, 470.68 INR resistance above. 14-day RSI is 30.7 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is BALUFORGE.BO in an uptrend or downtrend?
Balu Forge Industries is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 429.25 INR (-2.68%) |
|---|---|
| 20-day average | 455.18 INR |
| 50-day average | 462.75 INR |
| 200-day average | 519.05 INR |
Key support and resistance levels for BALUFORGE.BO
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 470.68 INR | Resistance | Moderate | 2 |
| 480 INR | Resistance | Minor | 1 |
| 486.9 INR | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 424.2 INR | Support | Minor | 1 |
| 385.1 INR | Support | Minor | 1 |
| 341.35 INR | Support | Minor | 1 |
BALUFORGE.BO 52-week range, momentum and volatility
| 52-week high | 696 INR (38.3% below) |
|---|---|
| 52-week low | 341.35 INR (25.8% above) |
| 14-day RSI | 30.7 (Bearish) |
| 14-day ATR | 14.15 INR (3.3% of price, Moderate volatility) |
Related research pages
Frequently asked questions
Is Balu Forge Industries (BALUFORGE.BO) in an uptrend or downtrend?
As of 2026-07-22, BALUFORGE.BO is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 429.25 INR vs 50-day average 462.75 INR and 200-day average 519.05 INR.
What are the key support and resistance levels for BALUFORGE.BO?
Nearest support is around 424.2 INR (minor, 1 touch). Nearest resistance is around 470.68 INR (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is BALUFORGE.BO's 52-week high and low?
Over the last 52 weeks, BALUFORGE.BO traded between 341.35 INR and 696 INR. It is currently 38.3% below its 52-week high.
Is BALUFORGE.BO overbought or oversold?
The 14-day RSI is 30.7 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is BALUFORGE.BO?
Its 14-day Average True Range is 14.15 (3.3% of price) — moderate volatility relative to price.