About to break Weekly Resistance I am not sebi registered analyst
Balaji Amines trend changing slowly. Bottomed out and moving upwards after a pull-back...
Balaji amines Near Support Zone fibo to can hit fibo zone 50% Most probably Can hit to Trendline Resistance Level as mentioned on the chart. one can add buy in DIP with Srop 1884 For Target 3000+++ View only for Educational purposes
Investors who are awaiting for an opportunity to double their investment can invest in BALAMINES at current market price of 2148
Looks good for buying as big support near 1800-1900 levels. 200WMA and AVWAP from March 2020 lows can provide a good support and May bounce back. View invalid below 1800 weekly closing basis.
Balaji Amines- Weekly Chart Hi All, I am a newbie to investing and trading who started only a few month back, so please feel free to share your suggestions and correct me in my analysis of the above. So, here we can see a clear double bottom formation in progress on the weekly charts. The price has been falling for a few months with low volumes and the rounding...
Balaji Amines and Alkyl Amines are the only sharks on there field, stock is in a long consolidation, it good time to accumulate this good fundamental stock. buy the dip till 2600.Believe in Kothari Sir
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
NSE:BALAMINES has completed Double Top pattern. After the break of neckline, the Target will be the height of the top to neckline. Can we see the breakout or failure in pattern?
BALAMINES seems to be in the last phase of its consolidations. Volatility is contracting, Volumes are drying, Cup and handle pattern. High volumes on a bullish day and low volumes on bearish days show accumulation. Good to buy if 3844 is broken with good volume. An Early cheat point for risk takers is 3720. This seems to be very explosive stock to hold for a long swing.
Cup & Handle is formed. Waiting for handle breakout with high volume & strong closing.
Today I picked Balaji Amines because, it broken Flag pattern on closing basis. The following factors are considered by me for picking this. 1. High Volumes at breakout. 2. Flag pattern breakout For BTST trades Keep profit as 2% - 3% Keep SL and Target profits mentioned on the chart for short term swing trades. Please consider these for educational purposes
Check if the resistance breakout becomes the support line by waiting for retest. if retest is successful then this stock will rise till the new resistance line (RED colour) So Now just its waiting game to check if retest happens. Its also possible that stock might directly move to new resistance line. Note that the volume is good. So if you wanna take lil risk...
Balaji Amines : Falling Wedge breakout done Currently ready for Flag Pole breakout
NSE: BALAMINES is looking for a reversal swing supported with high 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 with the trendline support over the past few days which is creating the uptrend. One can look for a 9% to 12% gain on...
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...
Almost one year accumulation stage, now about to break this consolidation stage. Both RSI and MACD looks good. 3650 one can enter Target 4400 SL 3200 We can go long on Balaji Amine. Educational Purpose only.