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nicks1008
Sep 28, 2021 12:15 PM

BALKRISHNA IND - At Retest Zone Long

NSE:BALKRISIND1D
BALKRISHNA INDSNSE

Description

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Go Long on NSE:BALKRISIND. took a support at its Breakout Zone. Price action will define its path from this level.

Stop Loss - 2775 (Daily Closing Basis)
Target 1 - 2700
Target 2 - 3000

Only for information & Education purpose. Know your risk & Consult your financial Advisor before taking any trade.

Comment

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29 Sept - Closing looks weak. Wait for Entry

Trade active

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Support and ResistanceFibonacciVolumebalkrishnaindtradingviewswingtradingNIFTYnsebuysignal
Comments
nicks1008
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sorry SL should be 2383.
My bad. thank you for the correction.
jatulji12
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@nicks1008, any updates as on current prices. i am holding 2640 ce of oct
nicks1008
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@jatulji12, It is good for cash segment. But Options will start decaying faster now. Try Selling "2700 CE" along with your current Buying leg to minimize the loss. and make sure you exit both legs before expiry.
jatulji12
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@nicks1008, missed it. Do u recommend going long thru option for november to cover the loss. If yes, pls suggest the levels to make it work this time for me. thanks in advance
jatulji12
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can u recheck on ur stopp loss number adn revert back pls.
nicks1008
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@jatulji12, Stop Loss not Hit. keep on holding
jatulji12
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@nicks1008, no i meant u mentioned stop loss at 2775 in text. isnt it incorrect
nicks1008
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@jatulji12, OOhh Yes! My bad. it should be 2383. Thank you for correcting.
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