BALAMINES trade ideas
Balaji Amines LtdBalaji Amines Ltd specialises in manufacturing Methylamines, Ethylamines, Derivatives of specialty chemicals and Pharma Excipients.
The company has a diversified product portfolio with a basket of over 30 different products.
Fundamentals:-
Stock PE is near Industry PE.
Debt is very less as compare to reserves.
Dividend giving stock.
ROCE & ROE Good.
Promoters holding is Good & No promoters pledged.
Technical:-
Demand Zone is marked as Green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price exactly at 200 Weekly EMA (White Line).
Price is expected to bounce from Demand Zones.
Buy 1950 -1750
Stoploss 1700
Swing Tgt 2690
positional 3435 - 3850
Long Term 4520 - 5225
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Balaji Amines - Medium Term Momentum Chemical industries have been sluggish on fundamental clues due to macro economics. However, this speciality chemical company is ready to make a move. Technical Weekly sharts shows signs of momentum for an upmove. One can enter at 2345 with medium term Target of 3050 and stop loss of 2000
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
CASE STUDIES ON CHEMICAL SECTOR STOCKS📌CASE STUDIES ON CHEMICAL SECTOR STOCKS 🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF...
•All chmeical stocks are movingfrom one Accumulations zone
•Ride above all key EMA
•Volume Build up in previous trading sessions
•Bullish trend/ make good structure
•Stocks Made good price action
•Make higher highs/higher lows
📌 If you have any questions about any stock you can comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
📌I do not provide any CALL or TIPS
balamines in this stock have two trendline both breakout are done stock gave good consolidation create strong support next resistance is 2440 if take resistance on 2440 and wait 2/3 day then break 2440 it will good you can enter here or more confirmation break 2440 then enter
pls like and comment if you have any question
for educational purpose not a call thanks
BALAAMINES - SWING TRADE - 18th December #stocksBALAAMINES (1D TF)
Swing Trade Analysis given on 18th December, 2023 (Monday)
Pattern: FALLING WEDGE BREAKOUT
- Breakout of Resistance - Done ✓
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #balaamines
BALAJI AMINESTRENDLINE BREAK
BREAKOUT LEVEL - 2500
MCAP - 7667 CRORE
PE RATIO - 39%
ROCE - 36%
HOLDING
Promoter Holding - 53%
PUBLIC NON INSTITUTIONS - 16%
BALAJI AMINES Gives A Positive Breakout (Trendline) And Breakout After 1 Year Of Consolidation .
1st Target - 3800
2nd Target - 5000
3rd Target - 7300
Amazing breakout on Weekly / Daily Timeframe - BALAMINESCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME.