Balkrishna Ind Ltd - BearishStock currently in downtrend
Making constant LLs - LHs
3030-50 strong supply area
View changes if close above 3050
Downside 2800 possible
Balkrishana
Balkrishna - Coming near support areaLike other stocks even this one is approaching near strongest support area
1st Area of support 2800-2830
2nd Area of support 2770-2790
Best to wait and see where it takes the halt
Also to wait for a buy candle of to make HH Hls
Targets can be around 3000/3080
Balkrishna - Sideways to BullishStock in a small downtrend for last few days
Arriving at a strong support area of 2990-3010
May try to pause and turn back from this level
As it is also a Gap Up support area as well as Resistance turned Support area
Will be good to add on the said levels with a strong Sl below 2960
