imkhushal

BALKRISHNA INDUSTRIES : PULLBACK

Long
NSE:BALKRISIND   BALKRISHNA INDS
BALKRISHNA INDUSTRIES
We may expect a pullback in BALKRISHNA INDUSTRIES.
As seen from the chart we may have completed A wave in 5 wave structure.
After 5 wave structure it is assumed that a pullback up to .382 or .618 is evident.

This is for educational purpose. Long may be initiated with understanding of the risk and STOP in mind.
(below trend line it will invalidate)

Thank you

Regards

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