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(BALAMINES) Balaji Amines complete technical analysis [charts+indicators] | Buy/Sell Balaji Amines | (BALAMINES) share price targets

Complete technical analysis of Balaji Amines (BALAMINES) by charts plus indicators, forecast predictions and share price targets for Balaji Amines (BALAMINES)

Balaji Amines trades in NSE in Commodity Chemicals sector.

10 day averaged volume of Balaji Amines is 123929

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	2186.30	2300.00	2300.00	2174.10	1.659 times
08 Wed May 2024	2296.90	2090.30	2424.00	2070.30	7.206 times
07 Tue May 2024	2090.30	2130.00	2141.10	2074.05	0.39 times
06 Mon May 2024	2127.05	2156.90	2180.00	2111.00	0.384 times
03 Fri May 2024	2153.45	2187.35	2205.00	2140.40	0.378 times
02 Thu May 2024	2175.70	2193.90	2199.60	2171.00	0.182 times
30 Tue Apr 2024	2192.35	2210.00	2219.75	2188.00	0.23 times
29 Mon Apr 2024	2202.90	2211.05	2242.45	2196.00	0.334 times
26 Fri Apr 2024	2221.35	2256.95	2256.95	2210.00	0.215 times
25 Thu Apr 2024	2236.15	2238.00	2260.00	2215.55	0.227 times

My analysis of stock is bearish for shortterm, and stock might move down till 2157.3 or till 2095.2. Use a stoploss of 2209.04 and if the stock hits stoploss, then it can shoot up till 2260.78

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2009.20
Downside Target	2132.40
Upside Target	2242.45
Upside Target	2280.00
Upside Target	2327.75
Upside Target	2424.00
Upside Target	2431.95
Upside Target	2440.45
Upside Target	2735.00

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2029.73
Downside Intraday Target	1873.17
Upside Intraday Target	2383.43
Upside Intraday Target	2580.57
Upside Intraday Target	2226.87

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	2186.30	2156.90	2424.00	2070.30	8.577 times
03 Fri May 2024	2153.45	2211.05	2242.45	2140.40	0.695 times
26 Fri Apr 2024	2221.35	2194.95	2280.00	2175.05	1.007 times
19 Fri Apr 2024	2172.95	2250.00	2259.95	2153.50	0.307 times
12 Fri Apr 2024	2269.15	2255.90	2327.75	2171.00	0.752 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balaji Amines (BALAMINES)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Thu May 2024	2186.30	2193.90	2424.00	2070.30	0.639 times
30 Tue Apr 2024	2192.35	2050.00	2327.75	2049.00	0.722 times
28 Thu Mar 2024	2045.25	2194.00	2431.95	2009.20	2.585 times
29 Thu Feb 2024	2173.75	2399.00	2440.45	2132.40	0.481 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Balaji Amines (BALAMINES)

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Balaji Amines stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Balaji Amines in short term but the buy signal is initial and weak.

Balaji Amines Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Balaji Amines in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Balaji Amines is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2253.07 and Balaji Amines (BALAMINES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Balaji Amines (BALAMINES) stock. Volume based technical analysis of Balaji Amines (BALAMINES) stock is negative.

Balaji Amines Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.