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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.

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Balaji Amines is 46094

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	2173.75	2176.00	2194.00	2152.00	0.641 times
28 Wed Feb 2024	2185.65	2216.55	2229.15	2180.00	0.525 times
27 Tue Feb 2024	2216.55	2217.15	2265.00	2204.45	0.771 times
26 Mon Feb 2024	2246.45	2259.00	2259.00	2205.00	0.995 times
23 Fri Feb 2024	2238.05	2270.05	2280.15	2225.00	0.821 times
22 Thu Feb 2024	2267.85	2292.50	2300.70	2260.00	0.431 times
21 Wed Feb 2024	2292.50	2312.00	2345.00	2277.20	1.319 times
20 Tue Feb 2024	2303.20	2289.95	2319.65	2275.00	0.754 times
19 Mon Feb 2024	2291.05	2268.85	2324.75	2247.05	1.137 times
16 Fri Feb 2024	2266.30	2271.00	2336.95	2234.00	1.602 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2195.7, but if it comes above 2195.7, then a intra day buy could be more profitable.
If you take a sell trade below 2195.7, then use 2195.7 as stoploss and 2140.9 as target. However if you take a buy trade in stock , then use 2195.7 as stoploss and 2241.37 as target.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2000.00
Downside Target	2110.00
Upside Target	2225.00
Upside Target	2279.00
Upside Target	2336.95
Upside Target	2337.85
Upside Target	2345.00
Upside Target	2440.45
Upside Target	2494.95
Upside Target	2725.00
Upside Target	2735.00

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2128.83
Downside Intraday Target	2083.92
Upside Intraday Target	2241.83
Upside Intraday Target	2309.92
Upside Intraday Target	2196.92

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	2173.75	2259.00	2265.00	2152.00	0.657 times
23 Fri Feb 2024	2238.05	2268.85	2345.00	2225.00	0.711 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

Price has moved down 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
29 Thu Feb 2024	2173.75	2399.00	2440.45	2132.40	0.481 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Balaji Amines in short term and the sell signal is strong.

Balaji Amines Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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

Although the stock is in the BUY zone, but buying 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 2256.1 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 negative.

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