Balu Forge Industries Limited
NSE: BALUFORGEINE011E01029·Capital GoodsMicrocap 250·www.baluindustries.com ↗·Mcap ₹6,147 Cr·Listed 2024
₹506.80▲ ₹8.70  (1.75%)
52W: ₹341 – ₹678 · Vol: 6.2L shares · Close 25 Sept
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Technical analysis

as of 25 Sept 2026 · close ₹506.80
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Overlays:Panes:
2026-09-25O 495.60 H 518.50 L 494.00 C 506.80 +1.75%SMA 20 543.26SMA 50 509.72SMA 200 492.18
daily candles · indicators on daily closes · adjusted · computed nightly · series from 2025-02-12 · drag the dividers to resize panesloading daily series…Charts by TradingView

Moving averages & key levels

LevelValueClose vs levelWhere price is
52-week high₹678.00-25.3%Below the 52-week high
52-week low₹341.05+48.6%Above the 52-week low
SMA 20₹543.26-6.7%Price below the 20-day average
SMA 50₹509.72-0.6%Price below the 50-day average
SMA 200₹492.18+3.0%Price above the 200-day average
Bollinger upper₹633.61-20.0%Price inside / below the upper band
Bollinger lower₹452.91+11.9%Price above the lower band
Supertrend₹570.71-11.2%Price below the Supertrend line
Parabolic SAR₹470.00+7.8%SAR dots below price
Returns
1D+1.7%
1W-2.9%
1M-20.7%
3M+11.1%
6M+22.7%
1Y-21.6%
What the indicators show
📈
50-day average crossed above the 200-day average
Most recent cross on 10 Sept 2026
📉
MACD crossed below its signal line
Most recent cross on 3 Sept 2026
📈
Close crossed above the 200-day average
Most recent cross on 17 Sept 2026
📊
RSI 44.2 — neutral
14-day RSI. Above 70 is conventionally read as overbought, below 30 as oversold.
🧭
ADX 25.5 — trending (ADX ≥ 25)
ADX measures trend strength, not direction.
〽️
Supertrend above price
Supertrend (10, 3) flips when price closes through the line.
📦
Delivery 35.3% — above its 20-day average
Volume 0.53× the 20-day average. Delivery is the share of traded quantity that actually changed hands.
Close is above the 200-day average · 50-day average is above the 200-day · −25.3% from the 52-week high
Fibonacci retracement (Oct 25 high → Jan 26 low)
0% (low ₹341.05)₹341.05
23.6%₹420.57
38.2%₹469.76
50.0% ← nearest to close₹509.53
61.8%₹549.29
78.6%₹605.89
100% (high ₹678.00)₹678.00
Swing measured on the last year of daily highs and lows. Levels are arithmetic, not predictions.
Delivery %
Latest: 35.3%  vs 20-day average: 33.9%
Delivery is the part of the day's traded quantity that was actually taken into demat accounts rather than squared off intraday. Source: NSE daily delivery data.
Volatility
ATR 14₹24.19 (4.77%)
20-day historical vol (annualised)52.6%