Balkrishna Ind Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Balkrishna Ind closed the previous week on a negative note losing 6.22%

Technically, Balkrishna Ind share price will see immediate support at 2,377.38 and immediate resistance would be seen at 2,534.03

If Balkrishna Ind share price closes below immediate support of 2,377.38, then sharp breakdown can be seen. Balkrishna Ind share price will see major support at 2,290.37 for the week.

On the positive side, immediate resistance will be seen at 2,534.03. Closing above 2,534.03, Balkrishna Ind share price will see a sharp breakout. Major resistance for Balkrishna Ind share price will be seen at 2,603.67 for the week.

Trading range for Balkrishna Ind share price for this week should be between 2,220.73 on down side and 2,690.68 on up side.

Balkrishna Ind Previous Week High: 2516.65

Balkrishna Ind Previous Week Low: 2360

Balkrishna Ind Previous Week Range: 156.65 Points

Balkrishna Ind share price support and resistance for the week (July 31, 2023 – August 04, 2023)