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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 2024-04-05 View latest technical analysis

10 day averaged volume of Balaji Amines is 128140

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2238.40	2273.80	2302.45	2210.00	0.874 times
04 Thu Apr 2024	2273.70	2151.85	2317.05	2135.55	4.582 times
03 Wed Apr 2024	2123.60	2134.00	2164.70	2115.00	0.434 times
02 Tue Apr 2024	2120.95	2110.00	2138.00	2080.00	0.354 times
01 Mon Apr 2024	2098.45	2050.00	2119.00	2049.00	0.48 times
28 Thu Mar 2024	2045.25	2078.00	2085.95	2033.30	0.582 times
27 Wed Mar 2024	2066.05	2050.10	2097.50	2050.10	0.85 times
26 Tue Mar 2024	2051.95	2100.05	2106.70	2045.00	0.725 times
22 Fri Mar 2024	2106.70	2066.00	2165.00	2066.00	1.42 times
21 Thu Mar 2024	2062.35	2076.40	2086.60	2055.00	0.309 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2223.1, but if it comes below 2223.1, then a intra day sell could be more profitable.
If you take a sell trade below 2223.1, then use 2223.1 as stoploss and 2129.9 as target. However if you take a buy trade in stock , then use 2223.1 as stoploss and 2334.9 as target.

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2008.60
Downside Target	2106.70
Upside Target	2279.00
Upside Target	2317.05
Upside Target	2337.85
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	2085.92
Downside Intraday Target	1933.43
Upside Intraday Target	2353.97
Upside Intraday Target	2469.53
Downside Intraday Target	2201.48

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2238.40	2050.00	2317.05	2049.00	3.117 times
28 Thu Mar 2024	2045.25	2100.05	2106.70	2033.30	0.83 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Balaji Amines (BALAMINES)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	2238.40	2050.00	2317.05	2049.00	0.314 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
31 Wed Jan 2024	2438.70	2675.00	2735.00	2279.00	0.336 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 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.

Price action analysis of Balaji Amines ( (BALAMINES) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Balaji Amines in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 and the buying is gaining 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 2178.81 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 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 is giving positive 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.