BALKRISHNA IND. LTDShort
BALKRISHNAIND BEARISH WEEKLY
Balkrishnaind closing 1982.65 with stoploss 2050 then targets are 1930-1850-1750.
Selling Reason.
1 --> Price make the Range and near to Breakdown.
2 --> Closing Below 20,50 EMA.
3 --> ADX is show the #Bearish move and -DMI is #Rise.
4 --> Volume is also less and below the average.
5 --> Monthly #Bollinger Bands are open in Negative Side.
Selling Reason.
1 --> Price make the Range and near to Breakdown.
2 --> Closing Below 20,50 EMA.
3 --> ADX is show the #Bearish move and -DMI is #Rise.
4 --> Volume is also less and below the average.
5 --> Monthly #Bollinger Bands are open in Negative Side.
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