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Technicals for Balaji Amines Limited
By MusingTheNews
2025-08-15 20:25
Overall Technical outlook
Price Summary
On 2025-08-13, Balaji Amines Limited's stock began at 1550.5, peaked at 1586.2, bottomed at 1548.0, and closed 0.65% higher at 1560.6, with a volume of 37322 shares. In the last 52 weeks, the stock's top price was 2351.95 and the bottom price was 1140.65. The price outlook for BALAMINES is between 1598.0 and 2331.0, with an average expectation of 1847.0, as estimated by 3 analysts.
Technicals
Support and Resistance: The price sits at 1560.6, supported by 1496.7 and resisted by 1760.1. This indicates a trading range where 1496.7 provides a floor, preventing declines, and 1760.1 acts as a ceiling, limiting further price increases for BALAMINES. Support/Resistance for BALAMINES
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Balaji Amines Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Balaji Amines Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for BALAMINES. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Balaji Amines Limited
Stochastic: The K-line has crossed above the D-line on the stochastic indicator while staying under 20, indicating a potential bullish move. This pattern is often viewed as an early sign that the market might begin to climb from a low level. Traders may consider this a favorable opportunity for a buying strategy. Stochastic chart for Balaji Amines Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for BALAMINES, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Balaji Amines Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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