GomathiShankar

BALKRISHIND FIGHT AGAINST 50-100 SMA !!!

Long
NSE:BALKRISIND   BALKRISHNA INDS
BALKRISHIND good upward breakout from downtrend channel .

No doubt it will break the 50 sma and it will rally to 100 sma but 100 sma is a strong resistance for balkrishind because previously twice 100 sma has rejected the price from going up.

target 915-920; sl 805
Trade active