NSE: 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...
We are seeing a decent base formation of 47weeks and 31% range. Structure is currently LL-LH and established trend is currently down. But we are seeing no follow through and nice volumes spurts indicating some kind off activity. On a monthly timeframe if you see that the stock is resting between 23-38% fib levels which is very good. Also if you look at the current...
Balamines ready for breakout Reversal candidate levels are mark on chart
Investors who are awaiting for an opportunity to double their investment can invest in BALAMINES at current market price of 2148
NSE:BALAMINES One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
The 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...
CMP: 3320 - Multiple pocket pivots within the consolidation.
Balamines makes a correction 47% from it's high and still more pending. Chart shows balamines completed its long term impulse wave i.e 12345. and now doing a correction in monthly chart. In a weekly chart balamines formed head and shoulder pattern. Looks like This will come up to 1600. Disclaimer : This is my view as per current price action if price pattern...
CMP: 3081 - Massive move of 2500% from March low to recent high (200 to 5224) - Corrected almost 50% - Took support around 50% fibonacci retracement - Setting up for reversal
Balaji Amines is backed by a strong management team which aspires to be the largest manufacturer of every chemical they produce. With the aim, currently it is undergoing continuous capex and that is why see lower profit margins. However, with an increasing capacity, profits are still growing almost every quarter (though with lower margin!). Notably, this time...
#Balaji #balajiamines Last added at 2944 Now Added few more qty for long term at 3620. Next GTT pending for 3500 and then 3000 please focus, its LONG TERM #vr
NSE:BALAMINES Balaji Amines making a triangle pattern in daily time frame NSE:BALAMINES. Sustaining above 3620 can give some breakout.
BALAMINES After downtrend it formed good base around 3000 Levels and gave a good volume breakout, Now its trying for Breakout Retest. Buy for Target 1 : 4050 ( > 10%) Buy for Target 2 : 4370 ( > 20%) SL : 3400 WCB Disclaimer: This stock idea is only for educational & research purposes and is in no way a professional stock recommendation. Please do your own...
Key Highlights: 1. Bounced off from the flip level. 2. Rebounded from 200 MA. 3. Some increase in volume. 4. Shift in market structure on LTF . 5. Look for pullbacks on lower time frames and enter accordingly. 6. Good movement expected on closing above 3400. Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your...
All levels marked on chart Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
This is follow-up on Balaji Amines. Can check link to related ideas. Target 3 achieved. More than 80%. Target 4 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
This is follow-up on Balaji Amines . Can check link to related ideas. Target 4 achieved. More than 91%. Target 5 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...