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Technicals for Balaji Amines Limited
By MusingTheNews
2025-04-25 20:25
Overall Technical outlook
Price Summary
In today's trading, Balaji Amines Limited's stock declined by -3.66%, showcasing an awful market day. On 2025-04-25, Balaji Amines Limited's stock opened at 1350.0, peaked at 1356.9, hit a low of 1289.5, and closed -3.66% lower at 1300.6, with 54254 shares changing hands. The stock reached its highest price of 2499.75 and its lowest price of 1140.65 during the 52-week period.
Technicals
Support and Resistance: The current price is 1300.6, with support at 1281.5 and resistance at 1353.45. This range suggests that the price might move between these levels, with 1281.5 offering support and 1353.45 capping further gains for Balaji Amines Limited. Support/Resistance for BALAMINES
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Balaji Amines Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Balaji Amines Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Balaji Amines Limited
Parabolic SAR: The PSAR continues to be bullish for BALAMINES, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Balaji Amines Limited
Stochastic: The K-line has fallen below the D-line on the stochastic indicator, yet it remains above 80, signaling the possible start of a bearish price move for BALAMINES. This suggests that the market's upward momentum is losing strength, which could lead to a decline. Investors should be mindful of this potential shift. Stochastic chart for Balaji Amines Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Tripple SMA chart for Balaji Amines Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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