Bala amine in falling wedge chart was created. Bala amine looking good for positional basis i am looking for long . when chart was breakout then we go for long or if chart was breakdown then ignore.Longby Satyanarayan_Vibhute0
Long Term Investment Prospects - Balaji Amines (Tech+Funda)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 Amines beaten the margins of a profit margin master competitor Alkyl Amines as well. Balamines is facing adversity by industry sell off and not a company level performance problem. With a disciplined execution of management agenda, company seems to have passed over raw material price hikes well in time and that is why it continued enjoying stably high opm of 28% (compared to 18% of Alkyl). Technical indicators: 1. When drawn almost a life-time Fibonacci, it seems to be hovering between 50-61.8% levels and consolidating positively 2. When drawn Fibonacci from life time high to the low of down trend, it seems to have returned twice from 38.2% and now, taking support again at around 3100 level 3. After falling to the bottom of the downtrend, stock is consolidating in bigger range, but with positive RSI divergence every time. That is an indicator of healthy accumulation in the counter 4. If it again respects the support level at around 3100-3000, then it will become a stronger psychological support zone and hence investing at these levels is most favorable risk reward level for investing Resistances: 3230, 3390, 3450. 3740 SL: 2800 Disc.: This is not a buy recommendation. This is just for study purpose and I am not a SEBI registered advisor. I may be holding in all or any of the studies presented by me.Longby TechnoFunda_InvestorUpdated 1
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 😄😄😄Longby technofunda_trader114
Balaji amines for long term #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 #vrLongby VR46_TheDoctor3
BALAJI AMINES LTD - Stock analysis.NSE:BALAMINES Balaji Amines making a triangle pattern in daily time frame NSE:BALAMINES. Sustaining above 3620 can give some breakout.Longby firos_meethal0
46% Target in Balaji Amines | Swing Trade Potential Swing Trade Opportunity in Balaji Amines Reasons to Enter - 1. Trendline Support 2. Horizontal Demand Area breakout 3. Breakout of the 50 EMA 4. RSI Bullish Divergence 5. RSI above the MA 6. Breakout with volume Please like the analysis to support and motivate me to make such more analysis. Also follow to get regular notification about my trade updates.Longby The_Rich_Trader_TRTUpdated 22
BALAJI AMINES wait for right EntryStock has moved from 38.2% retracement on weekly chart which is considered very strong mostly Also has given breakout from daily resistance one can plan entry at restest and bullish or reversal pattern Looks good for Huge Profit as you can see DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking positionLongby akash_the_BiGBuLL2
BALAMINES BREAKOUT RETESTBALAMINES 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 research and consult your financial advisor before making any investment decisions.Longby chennaistocks1
BALAMINES #TAView #OnlyEducationalRecent breakout at 3500 with volume. There is a pullback now. Longby shri4trading0
BALAJI AMINESNSE:BALAMINES is very good fundamental company. after very big correction, right now Balaji amine is at very strong support and also making very convincing bullish engulfing. one can add this stock to their portfolio for short term targets of 4472 and 5212, and a long term target of 15,000+ i am very bullish at balaji aminesLongby chandresh2k2Updated 2
VCP PATTERN- BREAKOUT- BALAJIAMINESNSE:BALAMINES BALAJIAMINES - VCP Breakout with good volume. Note: Only for educational purpose, not any BUY/SELL recommendation.Longby smtds040
Balaji AminesRange breakout done Keep sl of 3150 closing basis for first target around 4000 and then ATH Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.Longby mohitm93Updated 0
Trendline breakoutTrendline breakout. W pattern. Possible price movement and target as shown in chartLongby ganybhatUpdated 2
Balaji Box BreakoutTargets are self explanatory One can wait for retest or play with a stop loss on levels mentionedLongby Stocks101investing0
Positional Buy Trade Setup | BALAJI AMINES NSE:BALAMINES Everything is mentioned on chart. Do comment your doubt. Longby Trading_hawk6
Balaji amines BullishBalamines seems Bullish breakout from short covering phase rally looks but at dipLongby Tamilniftyanalysis115
BALAJI AMINES : FRESH BREAKOUT Fresh breakout in Balaji amines with good volume TGT - 4000 & 4400 Disclaimer The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.Longby finogent1
Balaji Amines Descending triangle BO on daily/weekly chartBalaji amines, on daily chart..RSI BO, Descending Triangle BO, Volumes for today were very good, strong closing, RSI is close to 60 good strength, Small resistance at 3600...weekly chart also looks goodLongby amjai85Updated 4
Bala amine long high conviction trade .For swing balaji amine looking very high conviction long trade looking for target .Longby Satyanarayan_VibhuteUpdated 1
BALAMINES Good abv 3501Already given TL breakout Safe traders Enter only abv 3501 (risky traders can take position at cmp) for 4k+ Target Longby Hitokti0
buy balaji aminesBuy this stock for Long term investment very good opportunity RRR is very good go check out green your positionLongby goswamipeeyush0
Good Consolidation Breakout Possible Stock consolidating near crucial moving averages 200 and 50 DMA If breakout, can test all time highLongby TheSoberTrader2