Siddharth_23

Buy Balkrishna Industries | Ascending Triangle formation

Long
NSE:BALKRISIND   BALKRISHNA INDS
On a 1hr timeframe it is showing a perfect formation of an ascending triangle pattern. Good to enter now @1630 For a target of approx 7.5% in shortterm with a stop loss just below the ascending trendline support.
Moreover, if you want to wait and you are not a risky trader then you should see it regularly and buy once if it gives you opportunity at the trendline. Or else buy with less qty now and add when it gives breakout.

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