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Balajiamines

Balaji Amines - Long Term Channel - Potential breakout ahead?Balaji Amines Ltd (NSE: BALAMINES) has been moving within a well-defined ascending channel on the monthly chart. The stock has shown consistent growth, respecting both the upper and lower boundaries of this channel. The stock has been trading within this ascending channel for over a decade. Recently, it has tested the lower boundary and seems to be gearing up for another upward move. Watch for a confirmed breakout above the trendline shown. The upward trajectory in the channel suggests that the long-term trend remains bullish, but caution is advised if the support at the bottom of the channel fails. If the price breaks out above the upper trend line, it could signal the start of another impulse wave, potentially testing the upper boundary of the ascending channel. Disclaimer: This analysis is for educational purposes and should not be considered financial advice.
NSE:BALAMINESLong
by gurinder1988
Balaji Amines formed big positive candle after Q4 ResultsWithing 15 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, big investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in buying activity, driving up stock prices, while negative surprises can trigger selling pressure, leading to price declines. Consequently, during earnings seasons, markets can experience sharp movements in stock prices therefore short term trading becomes Risky around imp events.
NSE:BALAMINESEducation
by Himanu_HATradeTalk1
Balaji Amines formed BIg candle after Q4 Results Wihin 30 mins, the stock formed a significant candle of 12% Increased volatility around stock earnings is a common phenomenon in financial markets. As companies release their quarterly or annual earnings reports, BIg investors eagerly anticipate the results, which can lead to heightened trading activity. Positive earnings surprises may cause a surge in buying activity, driving up stock prices, while Negative surprises can trigger selling pressure, leading to price declines. Consequently, during earnings seasons, markets can experience sharp movements in stock prices therefore short term trading becomes Risky
NSE:BALAMINESEducation
by Himanu_HATradeTalk1
1
BALAJI AMINES - Bullish Consolidation with VolumesNSE: BALAMINES is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 13% to 20% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BALAMINESLong
by BrahmaBull31
1
BALAJI AMINE LONG TERM TREND REVERSAL PICK Scrip has been in downward trend for more than 2 years and has given trend reversal break out this week. It has potential to give approx 40% return in short term and huge potential in long term. DISCLAIMER: The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events. I am not a SEBI registered financial advisor and the information provided by me should not be considered as financial advice. It is highly recommended that you consult with your financial advisor and do your due diligence before making any investment decisions. Investing in the stock market is subject to market conditions and any unforeseen events. Also involves risk and can result in both profit and loss. You should be aware of the risks involved in investing in the stock market before making any investment decisions. Please note that any investment decision you make based on the information provided by me is at your own risk, I will not be held responsible for any of your losses or damages, financial or otherwise, resulting from your investment decisions
BSE:BALAMINESLong
by StockEye_Club
Breakout is on the way in Balaji Amines! Will you wait or enter?Hello Traders and Investors, i hope you all will be enjoying all time high market, specially investors would be enjoying a lot this Green Rally because your portfolio will be All time in Green zone with handsome profits. Well i have brought another stock which have made their investors to billionaires in just 10 years. let me show you how, today is 9th of december 2023. Suppose If you have Invested ₹100,000 in Balaji Amines Limited on December 09, 2013 you would now have now ₹4,910,000. Seriously this is possible in investing world,,and do you know funny thing,, Right now this stock is on 50% Discount, yes u heard it right,, Right now stock price trading at 2296 and in September 2021 this stock has made all time at 5223. And on 9th december 2013 stock price was trading at just ₹47.60. So i use billionaires word for those who has invested and did not sold till september 2021, as that time stock was on all time high at 5223, so here is the calculation, 100000/47.60*5223=10,972,689 INR. So this is 100 times returns and this stock has given dividend too of ₹86,134.45 in last 10 years,,. Wow this is just possible in investing and business world. So guy's think for long term and start investing with even small amt and do SIP to generate handsome income in long term. Well guy's now let's talk technical about this stock, As of now we have not seen flag pattern breakout, but if you are thinking for long term then you should not wait for pattern breakout, you should accumulate as much as possible until you are getting this in down levels. For short term traders also it is giving best entry, you can go with given levels but do not forget to put given stop loss. Earlier trend was highly aggressive in it, so once breakout will take place in it same momentum we can see again. In weekly timeframe MACD has given bullish crossover and price is above 200 DEMA and price is consolidating in between range of flag pattern, so all these indicating a bullish momentum has to come in it.. So go accordingly. ABOUT COMPANY:- Balaji Amines Ltd specialises in manufacturing Methylamines, Ethylamines, Derivatives of specialty chemicals and Pharma Excipients. These have been the main products, it also have facilities for the manufacturing of derivatives, which are down-stream products for various pharma/pesticide industries apart from user specific requirements. It is one of the largest manufacturers of aliphatic amines in India. Market Cap ₹ 7,442 Cr. Current Price ₹ 2,297 High / Low ₹ 2,915 / 1,873 Stock P/E 37.7 Book Value ₹ 496 Dividend Yield 0.44 % ROCE 36.5 % ROE 23.2 % Face Value ₹ 2.00 Industry PE 32.8 Debt ₹ 43.9 Cr. EPS ₹ 60.9 Promoter holding 53.7 % Intrinsic Value ₹ 1,327 Pledged percentage 0.00 % EVEBITDA 18.2 Change in Prom Hold 0.00 % Profit Var 5Yrs 23.6 % Sales growth 5Years 22.3 % Return over 5years 39.8 % Debt to equity 0.03 Net profit ₹ 243 Cr. ROE 5Yr 26.1 % PROS:- Company has reduced debt. Company is almost debt free. Company has delivered good profit growth of 23.6% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 28.6% Debtor days have improved from 79.0 to 58.8 days. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BALAMINESLong
by TraderRahulPal
1
BALAJI AMINES coming out of downtrend1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion gaps d. Heavy daily volume without further upside e. Largest one day price drop It seems NSE:BALAMINES is coming out of a long downward trend. It is a buy with a stop around ₹2095 Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
NSE:BALAMINESLong
by akashbothra
Balaji Amines ready for the uptrend!🤩💸🔥Buy Balaji Amines for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . ✔️ Technically & Fundamentally Strong💪💪 The company recently posted an Amazing Q3 Result. . ‼️ Already in a long term uptrend + High volume buying near the support level & 200 ema + Amazing Q3 result. . 💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%. 4. Build position gradually as the stock rises. ⁠5. Trade in the direction of the bigger trend. 6. Ride the trend, don't sell your winners early. . Like, Comment & Share 😄😄😄
NSE:BALAMINESLong
by technofunda_trader
1