Kinnari_Prajapati

Would you like to trade with setup before reversal...?

Short
NSE:BALKRISIND   BALKRISHNA INDS
Previously acted resistances
  • 1) R 1256 (profit booking)
  • 2) R 1319 (tradable)
  • 3) R 1391 (final resistance)

Psychological investors' memory and intelligence are something remember forever. The above 3 resistances mentioned in the past acted are the memory of investors who will repeat as resistance in the future.

Example of Trade setup:

1st Trade: Sell 1319 nearby
2nd Trade: 1391 nearby

Pullback is your targets as per below following:
First, pull-back is easy and for very short term traders: 1196 nearby
The second pull-back is at 1124 and,
The third is correct and perfect pullback which is at 1021 nearby

HIT:
Tail is important for this stock.
Increasing volume is the sign of Reversal Or favour of pullback.

I will update accurate level for trade is you want, please comment for it.

Comments

good prediction
may i know your experiance of trading n your age?
+9 Reply
Kinnari_Prajapati himanshusaraswat40
@himanshusaraswat40, age 26, i entered in mkt when i was in 10th std.
Reply
love your decision making using price action, period and volume. have been following for some time and i must say, you have an impressive rate of success.
+5 Reply
@ipuneet, Thanks for commenting and appreciating me. Your analysis is also good.
Reply
So we should wait for 1319 or 1391 ?
+5 Reply
Kinnari_Prajapati avinash8930636
@avinash8930636, Definitely, patience is required to trade here because still there is not sign of reversal. Yeah, 90% chance is to take reversal from 2nd or 3rd restistance.
+2 Reply
savita_asthana Kinnari_Prajapati
@Kinnari_Prajapati
Mam I bought @1110... in 2-3 days mera price aayega ya loss book karen
Reply
Kinnari_Prajapati savita_asthana
@savita_asthana, i have written this stock for short selling.
Reply
savita_asthana Kinnari_Prajapati
@Kinnari_Prajapati, thanks mam....
but must say that your technical knowledge are awesome. can join you on telegram .
Reply
Hi Madam,

You are really a perfect technical analyst....wherenu learnt this kind of depth knowledge?

And r u providing courses of the same?
+3 Reply