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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 2024-05-31 View latest technical analysis

10 day averaged volume of Balaji Amines is 34986

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	2093.25	2129.00	2133.90	2081.30	1.403 times
30 Thu May 2024	2112.00	2150.80	2165.00	2108.65	0.665 times
29 Wed May 2024	2151.30	2160.00	2178.60	2138.00	0.758 times
28 Tue May 2024	2146.15	2185.00	2204.80	2135.50	1.101 times
27 Mon May 2024	2176.90	2191.30	2200.50	2165.00	0.814 times
24 Fri May 2024	2191.30	2230.55	2253.45	2185.10	1.045 times
23 Thu May 2024	2213.35	2260.00	2278.95	2210.00	0.821 times
22 Wed May 2024	2238.35	2263.30	2285.95	2230.00	0.981 times
21 Tue May 2024	2263.30	2277.30	2292.90	2244.00	1.424 times
18 Sat May 2024	2277.30	2233.00	2301.00	2193.20	1.263 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2127.4, but if it comes above 2127.4, then a intra day buy could be more profitable.
If you take a sell trade below 2127.4, then use 2127.4 as stoploss and 2060.9 as target. However if you take a buy trade in stock , then use 2127.4 as stoploss and 2182.82 as target.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2009.20
Upside 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	2048.1
Downside Intraday Target	2002.95
Upside Intraday Target	2171.6
Upside Intraday Target	2249.95
Upside Intraday Target	2126.45

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	2093.25	2191.30	2204.80	2081.30	1.11 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
31 Fri May 2024	2093.25	2193.90	2424.00	2070.30	1.011 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 2190.66 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.