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skandha1986

BALKRISIND - LONG - 7% to 15% upside potential

Long
BALKRISHNA INDS (NSE:BALKRISIND)  
skandha1986 Updated   
NSE:BALKRISIND   BALKRISHNA INDS
Trend Analysis Chart Patterns
7
1
trendanalysis chartpattern
BALKRISIND is breaking 9 month old trendline at 2340-2350 levels. Good for long for targets of 2520, 2710 and new ATH as well!
Trade active:
Seems to be false breakout, if we see HRly candle closing below 2235 level, then it would be SL hit.
Comment:
Stock is back again above trendline and looking strong for up move, good re-entry point of around 2400.
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