Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-02-22 View latest technical analysis

10 day averaged volume of Balaji Amines is 56804

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	2267.85	2292.50	2300.70	2260.00	0.35 times
21 Wed Feb 2024	2292.50	2312.00	2345.00	2277.20	1.07 times
20 Tue Feb 2024	2303.20	2289.95	2319.65	2275.00	0.612 times
19 Mon Feb 2024	2291.05	2268.85	2324.75	2247.05	0.922 times
16 Fri Feb 2024	2266.30	2271.00	2336.95	2234.00	1.3 times
15 Thu Feb 2024	2234.55	2180.00	2278.95	2172.30	1.336 times
14 Wed Feb 2024	2169.45	2156.00	2178.00	2141.80	0.738 times
13 Tue Feb 2024	2182.55	2187.00	2196.75	2132.40	0.751 times
12 Mon Feb 2024	2182.80	2202.35	2233.00	2175.00	0.969 times
09 Fri Feb 2024	2200.80	2260.50	2279.00	2173.00	1.262 times

My analysis of stock is bearish for shortterm, and stock might move down till 2211.9 or till 2129.7. Use a stoploss of 2280.45 and if the stock hits stoploss, then it can shoot up till 2349

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2000.00
Downside Target	2110.00
Downside Target	2247.05
Upside Target	2336.95
Upside Target	2337.85
Upside Target	2345.00
Upside Target	2440.45
Upside Target	2494.95
Upside Target	2534.65
Upside Target	2725.00
Upside Target	2735.00

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2228.27
Downside Intraday Target	2188.68
Upside Intraday Target	2326.22
Upside Intraday Target	2384.58
Upside Intraday Target	2286.63

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	2267.85	2268.85	2345.00	2247.05	0.58 times
16 Fri Feb 2024	2266.30	2202.35	2336.95	2132.40	0.968 times
09 Fri Feb 2024	2200.80	2321.00	2337.85	2173.00	0.7 times
02 Fri Feb 2024	2326.65	2378.60	2494.95	2279.00	2.048 times
25 Thu Jan 2024	2366.45	2490.05	2534.65	2317.55	0.583 times

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

Monthly technical analysis of Balaji Amines (BALAMINES)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	2267.85	2399.00	2440.45	2132.40	0.402 times
31 Wed Jan 2024	2438.70	2675.00	2735.00	2279.00	0.336 times
29 Fri Dec 2023	2668.50	2030.00	2725.00	2008.60	9.562 times
30 Thu Nov 2023	2016.80	2049.95	2110.00	2000.00	1.05 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Balaji Amines Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2237.69 and Balaji Amines (BALAMINES) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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