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GomathiShankar
Feb 24, 2019 2:52 PM

BALKRISHIND FIGHT AGAINST 50-100 SMA !!! Long

NSE:BALKRISIND1D
BALKRISHNA INDSNSE

Description

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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

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Trend AnalysisChart Patterns50sma100smabreakoutBullish Patterns
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