ALKYLAMINE - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 4.2

📊 Technical Overview of Alkyl Amines Chemicals Ltd. (ALKYLAMINE)

📈 Trend Analysis

Current Price: ₹2,207

50 DMA: ₹2,132

200 DMA: ₹1,977

Trend Status: The stock is trending upward, trading above both key moving averages. This indicates bullish momentum and a healthy technical structure.

📉 Momentum Indicators

RSI (49.3): Neutral. Suggests momentum is stabilizing, with room to rise before overbought levels.

MACD (16.1): Positive — confirms bullish crossover and short-term strength.

Volume: 42K vs 1-week avg of 41K — slightly above average, supporting the price move.

📊 Bollinger Bands

Price likely near the middle to upper band, consistent with MACD strength and RSI neutrality.

Bands may be widening, indicating momentum expansion and potential for breakout continuation.

📈 Moving Averages Summary

Indicator Value (₹) Signal

50 DMA 2,132 Support

200 DMA 1,977 Strong Support

Current Price 2,207 Above both DMAs — bullish

🔍 Support & Resistance Levels

Type Price Range (₹) Notes

Support 1 2,130–2,150 50 DMA zone

Support 2 1,975–2,000 200 DMA zone

Resistance 1 2,250–2,275 Short-term resistance

Resistance 2 2,400–2,499 52-week high zone

🎯 Entry & Exit Strategy

Optimal Entry Zone: ₹2,130–₹2,160 (on pullback with MACD confirmation)

Exit Zone (Short-Term): ₹2,250–₹2,275 (initial resistance), ₹2,400+ (if breakout sustains)

Stop Loss: ₹2,080 (below 50 DMA)

📌 Summary

Trend: Trending upward

Momentum: Strengthening

Volume: Slightly above average

Setup: Bullish continuation likely; suitable for short-term swing trades and medium-term accumulation

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