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ShreeKrishna
Aug 8, 2020 7:32 AM

Long ( Continuation Pattern)  Long

BALKRISHNA INDSNSE

Description

This scrip is moving up all the way to Forecast Target

Any short correction on daily and if you see a Doji in this scrip buy in Cash and Book near the forecast ,

I have put up high likely pattern formation using bar pattern , One can look for it

Wait for Buy set up

Trade closed: target reached

technically it moved to our forecast target we ware holding this from April if you are in the trade look for Exit method on trailing stop , We made final exit in it
Comments
abhinandhan
@ShreeKrishna I donot see a major change in pattern.It is making a double bottom as shown but price is extended a bit downwards.Is this pattern still good to go ?
abhinandhan
@ShreeKrishna :It doesnt seem a right thing to do but one small request from my side sir.Please share your views on Inox .I am thinking to deploy a huge capital on it.But i am afraid of not knowing the larger perspective of the script.Even if you dont have time for it,please dont take it otherwise.I am always thankful to you.
ShreeKrishna
@abhinandhan, Sir You will not invest More than 25000 INR on any of the scrips in cash Equity , No retail should invest more than 25000 in single equity , its clear rule if you want to be successful, Money is invested in multiple scrips so that even 20 to 30 % of investment is not growing other 70 % will be growing ,

Do not invest blindly , do not invest in single scrip , I have messaged you take note of it , Good luck
GurunathSatam
@ShreeKrishna, Thanks really nice thought Sir.
abhinandhan
@ShreeKrishna, Thankyou sir.
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