elvarsan

BALKRISIND - Harmonic Patterns

Short
elvarsan Updated   
NSE:BALKRISIND   BALKRISHNA INDS
Sell between 1196 - 1234. Preferably between 1225 - 1234.
Its weekly candle, so holding days is around 1 to 2 weeks.

SL 1270
T1: 1100
T2: 1018

Achieve atleast T1: 1100 target. Hold with conviction.
Risk Reward 1:3 for T1 and 1:6 for T2
Comment:
Basically the SL is 1300, just above the X point as the case with any Harmonics Pattern. Somehow the chart line was misplaced. Target is still intact!
Trade closed: stop reached
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