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AakashKale
Aug 15, 2020 9:59 AM

BALKRISHNAIND | INTRA-DAY LONG TRADE | 17TH AUG Long

BALKRISHNA INDSNSE

Description

I am planning to take a retracement trade here.. looking at the chart, you'll understand.

Trade active

Trade closed manually

booked 10Rs Profit here.

Comment

Just gave the movement next day
Comments
MaverickMoi
But why going long??
AakashKale
@talk2priyank, Because it is a retracement trade. There are buyers at that level. Aslo, fundamentally balkrishnaInd is very good. you'll see monthly and weekly support in that area..as it is a breakout level. I am not saying it'll go up and make new high from here. It's just a retracement trade.
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