BALKRISHNA IND. LTD
Short
Updated

POSITIONAL SELL TRADE

217
LOGIC
1) STOCK IN DAILY TIME FRAME MADE A SHOOTING STAR
2) LOOKING OVERBOUGHT
3) GOOD RISK TO REWARD FOR REVERSAL

NOTE: IT IS A REVERSAL TRADE AGAINST THE TREND LESS PROBABLE BUT GOOD RISK TO REWARD RATIO
Trade closed: target reached
Target done

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