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Divergent_trader
Sep 15, 2023 6:53 AM

BALKRISIND | TRIANGLE BREAKOUT | RR 3 Long

BALKRISHNA INDSNSE

Description

Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.

Reasons to Buy:
__________________________
1. A good breakout with HH, HL formation out of a Triangle pattern.
2. Stock consolidating at higher levels.
3. Lows are being protected in this consolidation.

Entry : CMP
SL : 2513
Target : 3213
RR : 3
Comments
sk_4587
hi sir your presentation of chart and pattern identification is very good overall a good out look
thank you so much for presenting your views
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