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BALKRISHNA INDS LONG

Long
NSE:BALKRISIND   BALKRISHNA INDS
THE STOCK HAS GIVEN A BREAKOUT WITH GOOD VOLUMES. A CONSOLIDATION AT RESISTANCE SHOWS THAT THE STOCK HAS BEEN ABSORBING THE SUPPLY. A GOOD MOMENTUM ON MONDAY IN THE FIRST ONE HOUR IS GOOD TO GO LONG IN THE STOCK.
STOPLOSS WOULD BE THE BREAKOUT CANDLES LOW.
TARGET WOULD BE AS AND WHEN YOU GET COMFORTABLE WITH PROFITS.

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