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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 2024-05-29 View latest technical analysis

10 day averaged volume of Balaji Amines is 39427

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	2151.30	2160.00	2178.60	2138.00	0.672 times
28 Tue May 2024	2146.15	2185.00	2204.80	2135.50	0.977 times
27 Mon May 2024	2176.90	2191.30	2200.50	2165.00	0.722 times
24 Fri May 2024	2191.30	2230.55	2253.45	2185.10	0.927 times
23 Thu May 2024	2213.35	2260.00	2278.95	2210.00	0.729 times
22 Wed May 2024	2238.35	2263.30	2285.95	2230.00	0.871 times
21 Tue May 2024	2263.30	2277.30	2292.90	2244.00	1.264 times
18 Sat May 2024	2277.30	2233.00	2301.00	2193.20	1.121 times
17 Fri May 2024	2211.60	2189.95	2232.00	2185.85	1.002 times
16 Thu May 2024	2179.40	2170.95	2209.00	2170.00	0.968 times

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 2139.7 as stoploss in an intra day buy trade for a target of 2189.01. However, stock will show a bearish move below 2139.7.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2009.20
Downside Target	2132.40
Upside Target	2185.10
Upside Target	2292.90
Upside Target	2301.00
Upside Target	2327.75
Upside Target	2424.00
Upside Target	2431.95
Upside Target	2440.45
Upside Target	2735.00

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2122.93
Downside Intraday Target	2094.57
Upside Intraday Target	2192.23
Upside Intraday Target	2233.17
Upside Intraday Target	2163.87

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	2151.30	2191.30	2204.80	2135.50	0.626 times
24 Fri May 2024	2191.30	2277.30	2292.90	2185.10	0.457 times
18 Sat May 2024	2277.30	2150.00	2301.00	2142.35	0.253 times
10 Fri May 2024	2185.50	2156.90	2424.00	2070.30	9.262 times
03 Fri May 2024	2153.45	2211.05	2242.45	2140.40	0.695 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 Wed May 2024	2151.30	2193.90	2424.00	2070.30	0.975 times
30 Tue Apr 2024	2192.35	2050.00	2327.75	2049.00	0.722 times
28 Thu Mar 2024	2045.25	2194.00	2431.95	2009.20	2.585 times
29 Thu Feb 2024	2173.75	2399.00	2440.45	2132.40	0.481 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 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 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 moving up

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 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 2209.87 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 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.