BALAMINES — Bear Flag

Balaji Amines Limited · A sharp decline, then a tight drift higher — a downtrend pausing before it resumes.

Forming CMP ₹2,138.90 Scanned 2026-09-22

Bear Flag · Daily candles

Bearish
BALAMINES bear flag pattern on daily candles with boundaries, swing pivots and target marked
Formation Bear Flag
StateForming
Building since2026-09-08
Boundary touches5
Upside trigger₹2,199
Downside trigger₹2,081
Away from trigger2.7%
Target if it triggers ≈₹1,593 -26%
The shaded band is the formation. On tops and bottoms the indigo line traces the shape itself — up into the left shoulder, over the head, and away from the right — and the dashed line is the neckline it has to break; on triangles, wedges and channels the two solid boundaries are the pattern. Triangle markers are the swing highs and lows those lines were fitted through, and the dash-dot line is the measured-move target once the pattern has broken.

Trigger. A close below the flag's lower boundary.

Target. Project the height of the pole down from the breakdown.

Invalidation. A bounce that recovers much more than half the pole, or a close above the flag's upper boundary.

🔗 More on BALAMINES
📐 Other stocks forming a bear flag
Stock TF State CMP Trigger Away Target Touches
ZENSARTECHZensar Technologies LimitedDaily Bearish ₹433 ₹432 0.2% ≈₹300 (-31%) 4
JKLAKSHMIJK Lakshmi Cement LimitedDaily Bearish ₹508 ₹505 0.5% ≈₹378 (-25%) 4
PFCPower Finance Corporation LimitedDaily Bearish ₹346 ₹343 0.8% ≈₹248 (-28%) 4
STYRENIXStyrenix Performance Materials LimitedDaily Bearish ₹2,078 ₹2,033 2.2% ≈₹1,533 (-26%) 5
FIEMINDFiem Industries LimitedDaily Bearish ₹1,907 ₹1,865 2.2% ≈₹1,356 (-29%) 4
SUMICHEMSumitomo Chemical India LimitedDaily Bearish ₹458 ₹447 2.4% ≈₹325 (-29%) 5
PTCPTC India LimitedDaily Bearish ₹156 ₹151 3.2% ≈₹96.65 (-38%) 5

See every bear flag found today →

How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI