BALAMINES - Weekly AnalysisIn the Weekly Chart of BALAMINES , we can see that; it has created a Hammer candle. We can see a W shape recovery, Also it is forming a Cup & Handle it is gives a up move Enter on breaking its High with Low as SL.Longby JatinManani0
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.Longby MasterTrader1949X1110
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 2000Longby surtijay19Updated 3
BALAMINES, CMP 25051. Flag and pole pattern breakout. 2. Volume is there. 3. 137% upside expecting, 5800 target for a time period of 354 days. 4. Do your research.Longby simply_charts116
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 Longby StockEye_Club5
BALAJIAMINESFresh breakout is expected in BALAJIAMINES. The stock gave a breakout last week with big volume and expected to move further up. NOTE: I'm not a SEBI REG. Study before investing.by tradingcults7
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 TIPSLongby UnknownUnicorn316348853
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 Longby harikant0672Updated 4
Breaking out of a falling wedge pattern!Breaking out of a falling wedge pattern with volume.Longby Arun_Gowtham222
Balaji amines breakout from consolidation Balaji amines had a significant crash from Rs 3800 to 2000 and it consolidated in the range of 2000 to 2500 for about 9 months . It has now given a breakout from this consolidation with strong volumes .Longby kapilmahir115
consolidation breakout Consider this as my diary and not as a buy/sell recommendation service. I don't advise. entry above the line stop below theline consolidation breakout with volume stock entred into stage 2( stanweinstein)by Rajachandrasekaran0
Balaji amines-Is U-turn coming?Logic: Trendline breakout with volumes. Chemical sector reversing. Fertilizer stocks are booming. RSI positive divergence seen. Breakout Confirmation above 2500. Levels mentioned on chartLongby chartistameyUpdated 5
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 #balaaminesLongby TradeRyteStockzUpdated 4
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 Longby prathamchawla1151
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. Longby Yoyohoneysingh932
BALAMINES - BREAKOUT - LOOKING GOOD FOR SWINGBalamines ready for breakout Reversal candidate levels are mark on chart Longby YASHSINCE19953
Breakout from descending triangle patternChemical sector seems started reversal from bottom and thus stock is breaking out from descending triangle pattern. Good to go long above 2500 levels. Risk @ 2300. Longby DEVA070
Balaji Amines - Turnaround?stock is making wild moves, so need to trade with caution downtrend seems over now, lets followLongby agarwalkhagesh6
Balami es on demand zone brekoutLearn this how price react from demand zone and breking trend line. Longby lavlesh2lucky0
Balaji Amine getting ready for a flight After a straight line rally, stock made a Drop-base-drop and again a base. So can it be a drop-base-rally?. On weekly TF stock has made a base near 2000 making it a strong support area. Also a short trend line and a long trend line broken. 50 EMA breach on weekly and also support taken on monthly TF. Looking good for upside if close above 2500. Short term tgt 2800/3000/3200 Long term tgt 3800/4200Longby manojks18070
Great volume breakout in Balaji AminesBalaji Amines almost gave a long pending breakout today. High level of volume seen today, adding to confidence for its breakout soon. The stock can be considered for buy above today's close, 2208, with an SL of the trendline shown or simply 2295. First target will be 2600 where resistance can be seen. Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade. by anuragcoma15Updated 0
BALAJI AMINES LONG-TERM INVESTMENT OPPORTUNITYBALAJI AMINES LONG-TERM INVESTMENT OPPORTUNITY Hello traders! Key points: Weekly chart study 🎯The Falling Wedge pattern is complete, and the share price is ready to move up. 🎯It appears that a double bottom has formed, the stock has made a lower low, and now the price is ready to move higher. 🎯The price seems to be getting support on the weekly chart. 🎯A bullish crossover has formed on the MACD oscillator. 🎯Volume remains bullish, indicating the share price is ready to move up. Major Level: Support Price Level: 2002.25 Resistance Price Level: 2797.70 Entrance Area: The optimal entry offers the greatest reward-to-risk ratio, while the optimal entry is an area for reversal signals. Optimum Entry Nearby, - 2002 Stop loss: the weekly candle closes below 2002.25. Target Price 1st: - 2546.95 Target Price 2nd: - 3844 Risk: As traders, it is your job to minimize risk and only choose trade structures that offer high probability and a great reward-to-risk ratio. If uncomfortable with defined exit levels, experiment with support levels to help set solid exit rules to protect your capital. If the weekly candle closes below the price level of 2002, this suggests that the structure is not in our favor, and it would be wise to reduce risk or close the trade until a solid signal gives us a reason to re-enter. Longby ramumaurya1
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.Longby TraderRahulPal1127