Chinna_G

BALKRISIND Buy above 1180 on CLOSING Basis

Long
Chinna_G Updated   
NSE:BALKRISIND   BALKRISHNA INDS
BALKRISIND
BUY ABOVE 1180 ON CLOSING BASIS
SL 1120
TARGET 1203, 1220, 1245, 1265, 1275
If sustain above 1250 then only 1265, 1275, 1290 possible

For Safe Trade:
Sell Below 1095 (If sustain) (May bounce between 1075-1095)
SL 1135
Target: 1076, 1065, 1050, 1025
With Risk
Sell Below 1120
SL 1160
Target: 1095, 1076, 1065. 1050, 1025

Posting for Educational purpose only
Closing Basis means stock need to trade above 1180 between 3:25 ~ 3.30 PM
Comment:
After Trade activated, Buy side Third target reached 1245 (made high 1244.35)
Now, Further up movement in stock will be above 1245 only (sustain required) else sideways to downtrend
Trade closed: target reached:
Today, Final target 1275 reached (Made high 1279)
(Total 95 points profit)
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