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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 2024-08-22 View latest technical analysis

10 day averaged volume of Balaji Amines is 104132

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	2182.60	2157.10	2237.50	2156.00	1.208 times
21 Wed Aug 2024	2146.30	2125.00	2159.10	2125.00	0.539 times
20 Tue Aug 2024	2151.65	2153.00	2200.00	2146.65	0.55 times
19 Mon Aug 2024	2152.55	2174.00	2209.10	2148.00	0.582 times
16 Fri Aug 2024	2174.00	2184.75	2184.75	2149.00	0.544 times
14 Wed Aug 2024	2118.65	2124.00	2168.50	2089.25	0.858 times
13 Tue Aug 2024	2123.75	2200.00	2202.00	2106.00	0.842 times
12 Mon Aug 2024	2193.30	2234.00	2234.00	2171.60	0.605 times
09 Fri Aug 2024	2222.35	2250.00	2255.60	2206.05	0.8 times
08 Thu Aug 2024	2222.30	2286.90	2319.00	2209.00	3.622 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 2153.3 as stoploss in an intra day buy trade for a target of 2278.36. However, stock will show a bearish move below 2153.3.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	1960.00
Downside Target	2049.00
Downside Target	2173.40
Upside Target	2327.75
Upside Target	2384.00
Upside Target	2415.00
Upside Target	2424.00
Upside Target	2448.00
Upside Target	2507.00
Upside Target	2534.00
Upside Target	2549.75

Intraday share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Intraday Target	2125.9
Downside Intraday Target	2069.2
Upside Intraday Target	2238.4
Upside Intraday Target	2294.2
Downside Intraday Target	2181.7

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	2182.60	2174.00	2237.50	2125.00	1.011 times
16 Fri Aug 2024	2174.00	2234.00	2234.00	2089.25	0.379 times
09 Fri Aug 2024	2222.35	2342.05	2415.00	2206.05	1.099 times
02 Fri Aug 2024	2439.65	2394.00	2549.75	2384.00	1.271 times
26 Fri Jul 2024	2368.60	2173.40	2448.00	2173.40	2.322 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 Thu Aug 2024	2182.60	2511.25	2549.75	2089.25	0.725 times
31 Wed Jul 2024	2499.75	2300.00	2534.00	2173.40	1.027 times
28 Fri Jun 2024	2289.55	2139.00	2507.00	1960.00	1.052 times
31 Fri May 2024	2093.25	2193.90	2424.00	2070.30	1.011 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 2184.46 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.