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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 2024-03-07 View latest technical analysis

10 day averaged volume of Balaji Amines is 176980

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	2337.15	2318.05	2375.50	2318.05	0.498 times
06 Wed Mar 2024	2317.20	2402.05	2431.95	2301.15	1.319 times
05 Tue Mar 2024	2393.90	2209.75	2426.95	2189.50	7.23 times
04 Mon Mar 2024	2196.35	2205.15	2239.05	2186.00	0.189 times
02 Sat Mar 2024	2227.40	2210.00	2263.95	2210.00	0.111 times
01 Fri Mar 2024	2195.85	2194.00	2220.20	2175.90	0.175 times
29 Thu Feb 2024	2173.75	2176.00	2194.00	2152.00	0.167 times
28 Wed Feb 2024	2185.65	2216.55	2229.15	2180.00	0.137 times
27 Tue Feb 2024	2216.55	2217.15	2265.00	2204.45	0.201 times
26 Mon Feb 2024	2246.45	2259.00	2259.00	2205.00	0.259 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2306.2, but if it comes below 2306.2, then a intra day sell could be more profitable.
If you take a sell trade below 2306.2, then use 2306.2 as stoploss and 2245.93 as target. However if you take a buy trade in stock , then use 2306.2 as stoploss and 2378.6 as target.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2000.00
Downside Target	2110.00
Downside Target	2279.00
Downside Target	2336.95
Upside Target	2337.85
Upside Target	2345.00
Upside Target	2431.95
Upside Target	2440.45
Upside Target	2725.00
Upside Target	2735.00

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2204.78
Downside Intraday Target	2072.42
Upside Intraday Target	2450.73
Upside Intraday Target	2564.32
Downside Intraday Target	2318.37

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	2337.15	2205.15	2431.95	2186.00	8.806 times
02 Sat Mar 2024	2227.40	2259.00	2265.00	2152.00	0.903 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

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
07 Thu Mar 2024	2337.15	2194.00	2431.95	2175.90	1.589 times
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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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

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 2359.01 and Balaji Amines (BALAMINES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.