Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-06 View latest technical analysis

10 day averaged volume of Balaji Amines is 38095

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	2127.05	2156.90	2180.00	2111.00	1.25 times
03 Fri May 2024	2153.45	2187.35	2205.00	2140.40	1.229 times
02 Thu May 2024	2175.70	2193.90	2199.60	2171.00	0.592 times
30 Tue Apr 2024	2192.35	2210.00	2219.75	2188.00	0.749 times
29 Mon Apr 2024	2202.90	2211.05	2242.45	2196.00	1.086 times
26 Fri Apr 2024	2221.35	2256.95	2256.95	2210.00	0.699 times
25 Thu Apr 2024	2236.15	2238.00	2260.00	2215.55	0.738 times
24 Wed Apr 2024	2244.55	2280.00	2280.00	2228.35	1.473 times
23 Tue Apr 2024	2228.10	2204.00	2255.00	2198.95	1.381 times
22 Mon Apr 2024	2189.10	2194.95	2243.95	2175.05	0.966 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2121.4, for a target of 2172.5 or 2215.08

Share price targets for Balaji Amines (BALAMINES)

Target Type	Value
Downside Target	2009.20
Downside Target	2111.00
Upside Target	2242.45
Upside Target	2259.95
Upside Target	2279.00
Upside Target	2280.00
Upside Target	2327.75
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	2098.7
Downside Intraday Target	2070.35
Upside Intraday Target	2167.7
Upside Intraday Target	2208.35
Upside Intraday Target	2139.35

Weekly technical analysis of Balaji Amines (BALAMINES)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	2127.05	2156.90	2180.00	2111.00	0.342 times
03 Fri May 2024	2153.45	2211.05	2242.45	2140.40	0.695 times
26 Fri Apr 2024	2221.35	2194.95	2280.00	2175.05	1.007 times
19 Fri Apr 2024	2172.95	2250.00	2259.95	2153.50	0.307 times
12 Fri Apr 2024	2269.15	2255.90	2327.75	2171.00	0.752 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
06 Mon May 2024	2127.05	2193.90	2205.00	2111.00	0.059 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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

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 2197.06 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.