BALUFORGEBalu Forge Industries Limited
BALUFORGE
Balu Forge Industries Limited
632.20+13.83%RS 5359/100
At a glance
What the chart is saying
1
The current base is 198 sessions long and 49.7% deep, with a pivot at ₹678.00.
2
The close is -6.8% from the pivot.
3
Relative strength is 53/99 against the ranked market.
4
Today's volume is 7.21× its recent average.
5
Price is 36.0% versus the 50-day average.
Research thesis
Why this stock is interesting
What stands out
- A 198-session base sits under a measured pivot at ₹678.00.
- Price is close to the trigger level, so the setup is becoming actionable.
What could invalidate it
- No major technical warning was detected by the stored measures; reassess after a failed breakout, loss of trend, or structural break.
The score ranks stored setups for research convenience. It is not a probability of profit and is not a buy signal.
50 DMA464.92
150 DMA465.01
200 DMA501.02
52w high655.55
52w low341.05
From 52w high-3.6%
All-time high697.00
Avg volume 50d1,247,288
Base length198d
Base depth49.7%
Pivot678.00
To pivot-6.8%
Contraction0.65
Volume ratio0.51
Stock measures
Price, trend and peer standing
1D return+13.8%
1W return+23.2%
1M return+46.4%
Pattern history
0% of this stock's 2 evaluated breakouts were positive 20 sessions later.
| Event | Date | Detail | Outcome |
|---|---|---|---|
| Base | 2025-10-10 | 198 sessions, 49.7% deep | forming |
| Breakout | 2025-09-11 | peak 2.7% | failed |
| Breakout | 2025-09-04 | peak 2.4% | failed |
| Base | 2025-04-16 | 27 sessions, 22.1% deep | forming |
| Base | 2025-02-05 | 39 sessions, 34.7% deep | forming |
| Base | 2024-11-07 | 22 sessions, 13.4% deep | forming |
| Base | 2024-09-23 | 19 sessions, 15.9% deep | forming |
| Base | 2024-05-15 | 25 sessions, 29.9% deep | broken_out |
Information only, not investment advice. Patterns describe past price behaviour and do not predict future prices.