Balakrishna Industries was travelling in Raising wedge pattern and comfortably broke the support on both weekly/daily and closed exactly on price engaging area It also seems to be like a typical H&S pattern, if the stock opens below the previous day low, go short for the targets given.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.