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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 2024-03-12 View latest technical analysis

10 day averaged volume of Balaji Amines is 185181

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	2156.35	2223.70	2230.15	2131.05	0.428 times
11 Mon Mar 2024	2223.60	2337.85	2337.85	2202.00	0.419 times
07 Thu Mar 2024	2337.15	2318.05	2375.50	2318.05	0.476 times
06 Wed Mar 2024	2317.20	2402.05	2431.95	2301.15	1.26 times
05 Tue Mar 2024	2393.90	2209.75	2426.95	2189.50	6.91 times
04 Mon Mar 2024	2196.35	2205.15	2239.05	2186.00	0.181 times
02 Sat Mar 2024	2227.40	2210.00	2263.95	2210.00	0.106 times
01 Fri Mar 2024	2195.85	2194.00	2220.20	2175.90	0.167 times
29 Thu Feb 2024	2173.75	2176.00	2194.00	2152.00	0.16 times
28 Wed Feb 2024	2185.65	2216.55	2229.15	2180.00	0.131 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2186.1, but if it comes above 2186.1, then a intra day buy could be more profitable.
If you take a sell trade below 2186.1, then use 2186.1 as stoploss and 2113.5 as target. However if you take a buy trade in stock , then use 2186.1 as stoploss and 2246.66 as target.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2000.00
Downside Target	2110.00
Upside Target	2279.00
Upside 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	2078.98
Downside Intraday Target	2001.62
Upside Intraday Target	2285.78
Upside Intraday Target	2415.22
Upside Intraday Target	2208.42

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	2156.35	2337.85	2337.85	2131.05	0.096 times
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

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
12 Tue Mar 2024	2156.35	2194.00	2431.95	2131.05	1.736 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL. Signal strength is Weak and stock is gaining 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 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 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 2350.4 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.