Balkrishna INDS Poised for a Bounce Long

BALKRISHNA INDSNSE

Description

⋅ Nov 13, 2018 10:39 AM

There is a Bullish RSI Divergence and MacD Divergence on Daily Chart.

Stock is poised for positive movements for this week.

3 Support zones in the chart if setup fails to work.

Trade active

⋅ Nov 27, 2018 1:29 PM

Balkrishna broke that 975 resistance today which it was not able to break since last week.

A retest of 975 is possible and it may act as a support now.

Target is 1025 and 1050.

Comments

Div_Trader

⋅ Nov 27, 2018 3:23 PM

mbddevtyagi

⋅ Nov 25, 2018 6:55 AM

no long

Div_Trader

⋅ Nov 25, 2018 7:45 AM

@mbddevtyagi, Stock did not bounced as strongly as i wanted.

Buy on support.