Cup & Handle formation in BALKRISHNA IND
After forming a strong base, stock is ready for breakout. A closing above 2474 can move the stock to its next resistance of 2680. Stock is also trading above its 20SMA and 50SMA. A decent gain of 8% is expected.
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Disclaimer
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.