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Deepak_dc93
Feb 21, 2021 3:12 AM

BALKRISIND buy 20% profit stop loss of 2% , 1:10 RR Long

BALKRISHNA INDSNSE

Description

I will buy BALKRISIND because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting

Entry : 1549
Target : 1881
Stop loss : 1505
Comments
saxena.ayush09
No buying opportunity in Balkrishna

Ab ye Kaha tak girega koi nahi bata sakta . No support zone for this kind of downtrend. Better avoid 50 % correction from the highest point. FII / DII all winding up there positions.

Fundamental Reason: Balkrishna 1900 Capex is a misuse of investor money.
Deepak_dc93
@saxena.ayush09, Oh okay i just do technical analysis so . I kept stopl oss also very tight so no worries
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