MyKEYtoSENSEX

Balkrishna Positional View !

Long
NSE:BALKRISIND   BALKRISHNA INDS
BALKRISIND : cmp: 2299.85
After a significant correction taking support near 50 DMA lvl .
Now RSI and trend signal also giving positive signal.
So good to grab here , may test ATH .
View negated below 2240.
Buy above 2320 for the
Tgt of 2396/2438/2489/2545

SL 2238 clbs

Option Strategy : Buy Aug 2320CE/2300CE
OR
Sell Aug 2260PE/2280PE

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.




Trade active: 1st tgt achieved
Trade active: 3rd tgt reached

Comments

Balkrisind Aug 2320 CE ... Can we hold it till expiry ?
Reply
MyKEYtoSENSEX ksankaralingam55
@ksankaralingam55, no. exit at cost or some minimal loss.
may focus on sept 2300ce/2320.
although its giving movement today.
Reply
ksankaralingam55 MyKEYtoSENSEX
@MyKEYtoSENSEX, Thank you.
Reply
Ok, Thank you.
Reply
What is the SL ?
Reply
MyKEYtoSENSEX ksankaralingam55
@ksankaralingam55, Already mentioned.2238.
Buy only above 2320.
Reply