We can clearly see the bearish flag and pole like structure can be seen at Balkrishna inds
Balkrishna inds at a crucial level of 2150 if the selling pressure continue a downtrend is expected so wait for level of 2140 & if it retest the level of 2150 selling will continue , trade at your own risk am not encouraging anyone
Balkrishna Industries has given a trendline breakout, volume is also good. RSI is almost at 70 which is a positive sign. CMP - 2349 T1 - 2500 T2 - 2700 Keep 1:1 SL @ 2200 If you like this, please hit the like and subscribe :) Trade Carefully!
15 minutes intraday trandline drow in downtrand. If cross and sustainable so make a Big up move.
BKT about to go down Short below 2201 Target 2120
Area of High Confluence - (2150-2200) Fibb 61.8 % retracement area If sustains for long can give an upmove back to 2350 area If breaks and sustains can head south upto 1900 area
📈 Balkrishna Ind. 📉 My Findings :- 1. Breakout from a swing high and Resistance Zone. 2. Close above March high. 3. Higher High and Higher Low formation. 4. Auto Sector is in Uptrend. Bias- Long Target- 2397, 2516 and 2692 SL- 39450 RR- 1: 2.5 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing basis. Disclaimer...
Small trade opportunity in BAL crypto. Target 1: 23 (USDT) (15 days) Target 2: 28 (USDT) (30 days) Happy Trading!
Stock Name: #Balkrisind Action: Buy Entry: 2194.50 SL: 2075 Target: 2551.50 NSE:BALKRISIND
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here. Disclaimer - Trades are only for Learning. StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
The Share of Balkrisind is good fundamental company the share in the strong bull control you can aad this share in your watchlist, i am strong bullish on the chart. #investingclubs
it is good time now invest in this share . long in the price range of 1837 to 1763, we can accumulate in this range good luck
Only take position on above 1:5 RR ratio ----------------------------------------------------- Current Price : 1822 Take position at : breakout the triangle setup 1875 Max Target 40% ROI Stop loss according your Psychology RRR 1:6 Time period : 1 year
Important Investment levels and trend line marked. Fundamentally very good stock. Keep accumulating... Study based on purely technicals.... For clarity have marked on weekly charts. Lets Revisit this chart every week... Will update more info as the movement happens in comment section.. Like... Share... Follow
Balakrishna industries more fall till it rises up again. Expecting a drop towards 2080-2060
The stock was going up following a trend line and now at the verge of breaking the downside, looks good to sell if sustains below 2455 for the marked targets on chart until 2540 is intact on the upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BALKRISIND Hello all Balkrishna industries has been traveling in a channel since March 2020. It came back to its lower trendline, took support, and took off. It broke the trendline 1 and its nearest resistance as well. All this makes it a good opportunity to go long! Besides these points, there are a few more that strengthens my conviction to go...
Why this Trade..?? 1. Bearish Gartley Pattern Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.