MasterTrader1949X

Balkrishna Industries Ltd

Long
NSE:BALKRISIND   BALKRISHNA INDS
Its near its 52 Week low.
Dividend giving stock.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Demand Zone are marked as green shaded horizontal area.
Support is marked as green horizontal line at 1890, may act as small reversal point.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Price is above 200 EMA on weekly chart, this 200 EMA may act as a reversal zone.
Demand Zone is from 1700 to 1550, which may act as reversal zone.


Levels:-
Buy 1890 - 1700 - 1550
Stoploss 1450
Tgts 2320 - 2500 - 2680
Long Term 3000 - 5000


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