Please find the supply and demand zones for the target and stop loss.
Possible Head & Shoulder formation on Balkrishna Industries, Sell below @ 903 with SL @ 954 and Target @ 854
BALKRISKHNA INDS: The stock has took support at an important level and bounced back. The price action is strong – a bull sash pattern. Also noticed a bounce & support at the KS & TS line (both pointing north). Chikou free above the prices and kumo. RSI into bullish zone just below 60 while MACD is strong above 0. The stock is into bullish momentum and expected to...
Sell BalkrishnaInd @ 750 Target 700-680 SL 760 closing basis
NSE:BALKRISIND Balkrisind Broke long Resistance momentum look good add till 740 SL 690 T 810 840 900
Buy above 723 Targets 728, 732, 738
Intraday Buy Trade Trade Plan as mentioned in chart
BALKRISIND (Balkrishna Industries Limited) SELL BELOW 708
Price has moved more than 3/4 th of the structure. Moving Average suggests short as well Let's see if its still a valid pattern
postional sell below 750 target 550 sl 840 closing hum jaise bhi hain achhe hain kam se kam aukaat se zyada dhikhaawa to nhi krte
Hello Looking at balkrishna we still have to wait for the confirmation. As confirmed buying level will be at 810 with target of 900 lvl.
do your own analysis and then trade. don't forget to see what happened in next day and answer in comment if you like it,
BALKRISIND look seems to be at support but if we can figure it out, there has been quite heavy selling pressure and current condition its losing the momentum. So, Momentum Loss + Price at Support/Resistance, indicates reversals but before reversal we should check the chart patterns which in this case is quite visible that its forming bearish flag. but again, we...