Balkrishna Industries Limited
Long
Updated

BALKRISIND - Triangle pattern breakout - 40% upside potential

374
BALKRISIND has given triangle pattern breakout at 2250 levels with good volumes.
After breakout, it has retested 2250 level and holding the support levels.
It is good zone for buy with good risk reward.
Target: 3200 in 4-6 months timeframe.
SL: Daily candle close below 2220 levels.
Trade active
Going good, more aggressive buying to follow.
Trade active
Adobe 2500, strong upside momentum may be seen.

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