ALKYLAMINE PULL BACK after Correction ALKYLAMINE PULL BACK after Correction
After deep correction, there is impulsive move
Further there is one leg left in impulsive move ,can be benefited.
After 4 th wave, 5th will come.
Elliott wave Analysis.
ALKYLAMINE
Powerful Monthly Channel | Clean Price Structure Across📉 Description:
-This is a classic example of a broadening falling channel on the Monthly Time Frame (MTF), where the counter-trendline (CT) has just been taken out by a strong bullish candle. Volume confirms the strength
📌What makes this setup particularly interesting:
-MTF structure: Despite a series of lower lows on the monthly, it has respected the broad structure of the falling channel throughout.
-WTF/DTF structure: Weekly and Daily timeframes are making higher lows (HLs),
-Price behavior: Clean reaction to the trendline and no choppiness around breakout — this reflects a well-absorbed selling zone
⚠️ This is not a forecast, not a call or tip — just me charting what I see. Drop any doubts in the comments.
"We add matter to the world"Alkyl Amines Chemicals Ltd - CMP - 1250
About
Incorporated in 1979 by Mr Yogesh Kothari, Alkyl Amines is a leading manufacturer of aliphatic amines in India. Aliphatic amines are products derived from Ammonia (NH3) by displacement of H2 in the Ammonia molecule by other radicals (R) such as Methyl, Ethyl and Propyl.
Key Points
Business Leadership
The co. offers 100+ products, it is a global leader in many products including acetonitrile, DEHA, DMA-HCLA, and Triethylamine.
Product-Wise Revenue Mix
Aliphatic Amines: 47%
Amine Derivatives: 29%
Specialty Chemicals: 24%
Industries Served
The Co. serves several industries such as pharmaceuticals, agro-chemicals, water treatment chemicals, rubber chemicals, mining, foundry chemicals, surfactants, etc.
Geographical Split FY24
Apart from India, It has a global presence in Mexico, USA, UAE, China, Thailand, Spain; Ireland; United Kingdom, etc.
Domestic: 80%
International: 20%
Manufacturing Capabilities
The co. operates over 20 production plants over three manufacturing sites covering over 110 acres of land in the western states of Maharashtra and Gujarat. Capacity utilization was ~55% in H2 FY24.
It also has a Solar Plant at Bhoom, Maharashtra, and another one at Manwath, Maharashtra which was commissioned in Sept 2022.
Expansion Projects
The co. commissioned the ethylamine plant at about Rs. 375 Crs., which commenced commercial production in Oct 2023. It is planning to convert the old ethylamine plant into methylamines in the next 2 years (by FY26). The demand for ethylamines is expected to be 70,000 to 75,000 tons
Capex
Co. spent 120 Crs as Capex in FY24 towards routine maintenance capex and commissioned a solar plant.
In FY25, the co. will spend about Rs 60-80 Crs on capex, focusing on maintenance and debottlenecking.
Focus
The Co. continues to focus on sustainable growth by taking measures to increase its market share of existing products and also introducing new products.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
Long Opportunity ALKYLAMINE is looking for buying opportunity after forming descending channel & clear formation for a movement to the upside. Expecting to reach at 2700
ALKYLAMINE Falling Wedge BreakoutAlkyl Amines breaks out from Falling Wedge Pattern with higher volumes. It is trading above its 200EMA and other key moving averages.
Looking for longALKYLAMINE is looking for long & has formed descending channel lined up with the double bottom & expecting to reach 4800 for long-term investment.
Early signs of support reversal in Alkyl aminesAlkylamines seems to have bottomed up after a significant correction in the stock from around 4800 levels to 2150 levels.
Currently, stock is on a very strong support from which the previous rally had started.
This high growth stock is a superb pick at this level for swing and positional trade.
However, there is a risk that it can be retracement of next correction wave to follow.
Kindly trade as per your own analysis.
ALKYLAMINEALKYLAMINE:- The stock was moving in a parallel channel, has given a breakout of the parallel channel taking support at 2451 level, watch the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
THE ART OF 2 LINE!CONSOLIDATION AFTER FLAG AND POLE BREAKOUT.
i am bullish after this channel breakout.
keep a track.
ALKYLAMINE Flag breakout consolidated with low volume dried in day tf
High chance of BO above 3226.15
#ALKYLAMINEIncreasing score
Reached Q1 RRG
Lower Low created
Previous High crossed
Upcoming swift rise on shunted candles
ALKYLAMINE - Breakout & pullback - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
ALKYLAMINE Swing Trade Idea It has broken the trendline and perfect setup to enter a swing trade. Risk Reward Ratio: 1:3.
t1: 4300
t2: 4746
SL: 3468
Alkyl Amines Following SupportAlkyl Amines has respected its support line and should therefore, hold these levels and maybe even give an up-move. If you have fundamental coverage on this stock or were planning to buy it, it can be a great zone to buy into this company.
Alkyl AminesI am sharing my trendlines in this chart so that you can take informed decision accordingly. Alkyl is one of the 2 main listed amines company in India. The company is fundamentally very sound, however, I feel a sharp rise in stock price has lead to a sharper correction in this counter. The whole chemical pack is under pressure currently.
Alkyl Amine showing seller exhaustionAlkyl amine which has been on a downtrend finally seems to have bounced back on its weekly and daily timeframe
Weekly timeframe shows -
1. Support from 50EMA
2. 38% Fibbonaci level support
3. Dragonfly Doji in making
Daily Timeframe shows back-to-back bullish candles on the previous support zone.
Trade with caution
ALKYLAMINEAll levels marked on chart
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
ALKYL AMINES(Bullish wolfe wave)ALKYL AMINES:
Few key points to note:
- A Bullish WOLFE WAVE has been formed
- Waves counting are mentioned
- Tested the Gann Level of Prior Trend
- Recently tested 200 EMA
- RSI Exaggerated Divergence
I expect a bounce from this point for 3578-3630-3849, but we don’t have any reversal signal yet. Once a bullish candle is formed at this level, we can long for the mentioned targets.
CHART & ANALYSIS – ADARSH DEY
ALKYLAMINES short term investmentALKYLAMINES short term investment
Monthly - Weekly-Daily demand zone
Short term investment idea - Holding period 2-3 months
Entry at CMP 3422, 3375 & 3330
SL below 3250 CLBS
Target T1:3610 & T2:3920
Note(*): Please note that we are not a SEBI Registered Investor Adviser/PMS/Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options
ALKYL AMINENSE:ALKYLAMINE is a very good fundamental company.
But, in daily time frame chart shows a clear downtrend. so, it is recommended not to make fresh position.
if anyone have this stock or wants to add this stock to their portfolio, major supports are 3024 and 2480
Alkylamine - Getting ready for big move?I see a good contraction with drying volumes..
may be a move is coming soon.
Disclaimer : This s my own view... not a recommendation/suggestion.
