Balkrishna Ind.- Bullish swing
Updated
03.09.2024
Buy-2916
Target-3196
Stop Loss-2372
Risk Reward-1:1.5
1. Consolidation breakout
2. It has bounced from resistance turned to
support zone by creating double bottom
3.Volume- Good volume accumulation
4. 200 EMA Rejection. About to cross 21 & 50 EMA
5. Exact rejection at 0.5 Fibonacci level
6. RSI Entered to bullish zone from over sold level
Trade active
Very good movement in bearish market. Hope it continuous and reaches target in next few sessionsTrade active
Nearing to target
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