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ngoyat
Jan 19, 2024 9:58 AM

Balaji Amines Ltd bottoming out Long

BALAJI AMINES LTDNSE

Description

â‹…
Just look at the setup on monthly chart
First strong upside move, then low volume retracement upto 61% .
Here price takes support of 50 MA and gives breakout of multi month trendline resistance with huge volume.
RSI also closed above 50.
Guess the next move in coming months 🙂

Support = 2330
Deep Support = below 2000

Resistance = 2700, 3100, 3300

Disclaimer: I may be holding position. I am Not SEBI Registered. Chart shared for Educational Purpose only. Kindly do your own analysis before taking Position.



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