A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Prefer selling side more since it is in downtrend Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with...
Sell below 1641 TGT 1637-1634-1630 SL 1648
#balkrishna Above 1680 can expect a very good move of at least 2 to 300 points.
1740-1770 is the level which I am looking for . 1500 is the zone which must be protected if upmove has to continue. 1680 is the short target . I have buy position in the counter from 1282 level.
Few days back BO give above 1410 with good volume and trade was shared All time high-11514 now 1410 resistance becomes good support and good volume seen near this support support zone of demand zone---1336 to 1195(which is also fibo retracement 78.6% and 61.8%) bullish in all time frame comfortably sitting above all important moving average very bullish structure
Watch out Friends, Looking For A Very Good Upside In Coming Days.. Please note that m not a SEBI registered analyst, posting my views what i am personally trading as well.
#balkrishna... now be cautious here for some pullback or reversal.
Shorts can be initiated as fifth wave is completed. First target can be 1400 and then 1240
#balkrishna 1415-18 is the resistance zone now. Possible scenarios for this are indicated on chart. Above 1415 buy and if breaks 1400 then weak.
The scrip seems to be bullish for 1401/1414/1450 levels. Regards
BALKRISHNA INDUSTRIES: INTRADAY LEVEL BUY ABOVE 1352 SL 1329 TARGET: 1359, 1365, 1374 BALKRISHNA INDUSTRIES: POSITIONAL LEVEL - CLOSING BASIS BUY ABOVE 1361 SL 1300 TARGET: 1359, 1364, 1375, 1390, 1410 Posting for Educational purpose only Closing Basis means stock need to trade above 1361 between 3:20 ~ 3.30 PM If my analysis appears OK then please LIKE,...
#balkrishna followup... below 1350 now, doesnt look good...
Two rejecting candle on D timeframe above 50 EMA and ST , price is will willing to go up. One can go long for a Target of 1500 and SL as PDL.
#balkrishnaindustries As told earlier, above 1380 a confident up move, below 1350 it weak...More probability of up move...
Balkrisind is moving in a parallel channel and there is a higher probabilty to move towards 1422 and 1445 once moves above 1388 levels for swing trade. See the previous idea of the same scrip below. Regards