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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 2024-06-06 View latest technical analysis

10 day averaged volume of Balaji Amines is 40486

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2124.65	2140.00	2149.45	2118.20	0.534 times
05 Wed Jun 2024	2109.10	2046.00	2140.00	2041.55	1.012 times
04 Tue Jun 2024	2045.25	2099.95	2119.55	1960.00	2.185 times
03 Mon Jun 2024	2099.95	2139.00	2168.95	2090.60	1.094 times
31 Fri May 2024	2093.25	2129.00	2133.90	2081.30	1.213 times
30 Thu May 2024	2112.00	2150.80	2165.00	2108.65	0.574 times
29 Wed May 2024	2151.30	2160.00	2178.60	2138.00	0.655 times
28 Tue May 2024	2146.15	2185.00	2204.80	2135.50	0.951 times
27 Mon May 2024	2176.90	2191.30	2200.50	2165.00	0.703 times
24 Fri May 2024	2191.30	2230.55	2253.45	2185.10	0.903 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 2109.2 as stoploss in an intra day buy trade for a target of 2166.74. However, stock will show a bearish move below 2109.2.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	1960.00
Downside Target	2009.20
Upside Target	2132.40
Upside Target	2204.80
Upside Target	2292.90
Upside Target	2301.00
Upside Target	2327.75
Upside Target	2424.00
Upside Target	2431.95
Upside Target	2440.45

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2000.12
Downside Intraday Target	1875.58
Upside Intraday Target	2209.07
Upside Intraday Target	2293.48
Downside Intraday Target	2084.53

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2124.65	2139.00	2168.95	1960.00	1.178 times
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

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
06 Thu Jun 2024	2124.65	2139.00	2168.95	1960.00	0.098 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 weakening, and bulls are picking up momentum!

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 buy signal for Balaji Amines in short term but BUY 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 2111.74 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.