Hi Folks, BALKRISIND looks bearish in a higher time frame. In above chart already Action Zones are marked. Good short position can be built below 1630. I hope you will benefit from this knowledge -MetaVish
In higher time frame - triangle chart pattern breakout In lower time Frame - Price action from HH, HL and instead of making HH its failed to make it. Previous High And its look like Triple top forming + inside channel pattern Expecting minor Trendline breakout - deciding which side to enter trade
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,...
#balkrishnaindustries As told earlier, above 1380 a confident up move, below 1350 it weak...More probability of up move...
Balkrishna Industrie is trading around its Monthly Support Level which is also a Supply Zone for this Script. Details on Chart. If it takes support at 1360 and makes a green candle then we may see 1600 levels.
Watch for the 0.618 or current levels for reversal in Balkrishna to go Long
This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...
Buy above 1362. Double bottom like pattern having neckline near 1360.
Balkrishna Industries Limited : Tyre Manufacturing Company ( NSE:BALKRISIND ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that...
This stock caught my attention again. stock witnessed heavy positive volumes at resistance and if stock breaks it I think stock has potential to double from here. Buy only above 1420 with very tight stop of 1340. above means above 1420 on hrly close. My view only may be 100% wrong
BALKRISIND:- 1420₹ key level for balkrishna industry 1300₹ clbs for target seen 1600₹++ INVERTED HEAD AND SHOULDER PATTERN #Disclaimer:-I just shared view for only educational purpose.
Hello, this is my analysis for BALKRISIND. Not recommendation for Buy & Sell.
BalkrisInd is looking good inside this rising wedge pattern. It bounced back very well from recent dip and formed higher high. Its formation of Higher lows and Higher highs is indicating strength in its uptrend. Breakout from this pattern from either side may give good momentum. Disclaimer: The chart provided is only for educational purpose and not a...
Balkrishna has finally broken down its support line on daily Time Frame. If the fall persists we can see 1160 levels (good Support region).
BALKRISIND BUY ABOVE 1180 ON CLOSING BASIS SL 1120 TARGET 1203, 1220, 1245, 1265, 1275 If sustain above 1250 then only 1265, 1275, 1290 possible For Safe Trade: Sell Below 1095 (If sustain) (May bounce between 1075-1095) SL 1135 Target: 1076, 1065, 1050, 1025 With Risk Sell Below 1120 SL 1160 Target: 1095, 1076, 1065. 1050, 1025 Posting for Educational purpose...
Price below 200 DMA. Trendline at Play. Fake candle on 17 Feb 2020. RS is rising since 18 Oct 2019.