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 2024-03-22 View latest technical analysis

10 day averaged volume of Balaji Amines is 68635

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2106.70	2066.00	2165.00	2066.00	2.651 times
21 Thu Mar 2024	2062.35	2076.40	2086.60	2055.00	0.577 times
20 Wed Mar 2024	2036.70	2058.20	2076.95	2032.00	0.494 times
19 Tue Mar 2024	2058.20	2081.75	2114.70	2053.75	0.549 times
18 Mon Mar 2024	2081.75	2105.00	2129.70	2072.00	0.581 times
15 Fri Mar 2024	2100.95	2058.75	2129.70	2058.00	1.007 times
14 Thu Mar 2024	2057.65	2041.05	2099.00	2009.20	1.232 times
13 Wed Mar 2024	2041.05	2157.95	2165.60	2030.00	1.992 times
12 Tue Mar 2024	2156.35	2223.70	2230.15	2131.05	1.153 times
11 Mon Mar 2024	2223.60	2337.85	2337.85	2202.00	1.13 times

Stock of Balaji Amines (BALAMINES) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2069.9 as stoploss in an intra day buy trade for a target of 2170.78. However, stock will show a bearish move below 2069.9.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2000.00
Upside Target	2110.00
Upside Target	2265.00
Upside Target	2279.00
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	2037.47
Downside Intraday Target	1968.23
Upside Intraday Target	2170.47
Upside Intraday Target	2234.23
Downside Intraday Target	2101.23

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	2106.70	2105.00	2165.00	2032.00	0.745 times
15 Fri Mar 2024	2100.95	2337.85	2337.85	2009.20	0.274 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

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 Fri Mar 2024	2106.70	2194.00	2431.95	2009.20	2.324 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 losing momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Balaji Amines in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 2097.12 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 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.