Cyber Monday saleUp to 70% OFF

Search in ideas for "BALKRISHNA INDUSTRIES"

Balkrishnaind underperform time to firecurrently trading @2322 its very attractive level on weekly time frame. if you will notice it on 30 mini time frame its small channel i am expecting target of 2600 within 8-10 days , with SL 2296 i will update this idea time to time Balkrishna Industries Ltd. (BKT) is an Indian company that specializes in the manufacturing of off-highway tires. Founded in 1987, Balkrishna Industries has its headquarters in Mumbai, Maharashtra, India. The company primarily produces tires for agricultural, industrial, construction, and mining vehicles and equipment. BKT has a wide range of tire products, including radial and bias tires for various applications. They offer tires for tractors, trailers, trucks, earthmoving equipment, mining vehicles, and other specialized vehicles used in different industries. BKT's tires are known for their durability, performance, and reliability, and they are used globally in many countries. Over the years, Balkrishna Industries has experienced significant growth and has become one of the leading players in the global off-highway tire market. The company exports its products to more than 130 countries and has a strong presence in both developed and emerging markets. Please note that my knowledge cutoff is in September 2021, so there may have been some developments or changes in Balkrishna Industries since then.
NSE:BALKRISINDLong
by RavindraBhise
#NTPCViral News Adani Enterprises, Nykaa, Balkrishna Industries: What should be your strategy amid volatility Penny Stock Under Re 1 Hit Upper Circuit, Gains 20% Intraday, Soars 784% In 3-Years Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout Adani retains astronomical valuation even after stock market rout Nifty unlikely to breach 17,500: Analysts Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India, Tata Steel Vodafone Idea in talks to refinance Rs 3,000-4,000 crore of loans Coforge tumbles after 10% shares change hands; Baring PE likely seller Ambuja Cements, Adani Ports shares out of ASM framework
NSE:NTPCLong
by BUCKSTRADERS
Buy Balkrishna Industries | Ascending Triangle formationOn a 1hr timeframe it is showing a perfect formation of an ascending triangle pattern. Good to enter now @1630 For a target of approx 7.5% in shortterm with a stop loss just below the ascending trendline support. Moreover, if you want to wait and you are not a risky trader then you should see it regularly and buy once if it gives you opportunity at the trendline. Or else buy with less qty now and add when it gives breakout.
NSE:BALKRISINDLong
by Siddharth_23
NIFTYMIDLIQ15 near major RANGE breakoutNSE:NIFTYMIDLIQ15 Time Frame – Weekly Observations :- * Consolidation & Range formation BETWEEN 6400-8000 range * Range BO above 8000 * Symmetrical Triangle pattern form within range * RSI also trading in channel pattern * Keep eye on this Nifty midcap liquid-15-components stocks 1. Ashok Leyland 2. Balkrishna Industries 3. Bharat Electronics 4. Bharat Forge 5. Cholamandalam 6. Federal Bank 7. LIC Housing Finance Ltd 8. Page Industries 9. RBL Bank 10. REC 11. SRF 12. Shriram Finance 13. TVS Motor Company 14. Voltas 15. Zee Entertainment DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purposes only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
NSE:NIFTYMIDLIQ15
by Chart_World
NIFTY ANALYSIS AND WEEKLY PICKSNIFTY ON 30-12-2022 Following the positive Global cues Index opened gap up and made the day high of 18265.25 but failed to sustain 18250 and selling pressure came from all directions which dragged the Index towards the day low of 18080.30. The Index kept oscillating between 18150 and 18200 and both Bulls and Bears tried to bring the odds in theirs favour. It was the final hour of trading session when Bulls can’t sustain the selling pressure and finally threw the towel. All the vital indices except METAL , PSU BANK and OIL&GAS closed in Red. Index closed at 18105.30 losing 0.47% making a Bearish candle on daily chart. Technical View : (Daily Chart) NIFTY has made a long Bearish candle which indicates the further downside in upcoming trading sessions. NIFTY is moving below EMA 13, 21and 34 and EMA 13< EMA34<EMA21 which signals that Index is still in down-trend. RSI is below 50 level which endorses the signals coming from the above-mentioned indicators. We had discussed in the previous post that Index has a tendency to move towards the EMA 13 from wither of the directions. A quick glance at the chart reveals that Index moved toward the EMA 13 ( which lies at 18225.02 on the trading session of 29.12.2022) and failed to sustain it. If Index had sustained this level then it could have been interpreted that index has completed its correction and ready to move upward. However, the failure to sustain EMA 13 on daily chart also endorses that Index may further show weakness. Support and Resistance : Daily Chart 18040-17981 will work as the first support level for NIFTY. Below this 17831 will hold strong support. On the upper side NIFTY will face resistance in the range of 18169-18244. Above this 18300 will hold strong resistance for NIFTY. Sectoral View: ( WEEKLY CHART) BANK, METAL and OIL&GAS look strong where the investors may park their welath while indications of positive reversal are visible in AUTO, FMCG, IT and MEDIA which make these indices the candidates of buying. PHARMA looks weak and further weakness may be observed during the next five trading sessions. View for Traders: Now this looks interesting. Technically Index is weak and there should not be any doubt about this. But at the same time the vital indices tell a different story. In the above section “ Sectoral View” it is mentioned that except PHARMA all other indices are either showing strength or signaling the positive reversal from current levels on Weekly Chart. So, if all the vital indices are indicating towards positive reversal then there is no reason to remain bearish on Index for the upcoming trading sessions. If the Index is indicating in two different directions the view can never be unidirectional and hence the author prefers to remain firm with two different views for the upcoming week. Index may open gap down on 02-01-2023 but there are high chances that Index will alter its direction and move towards north. Hence, under present circumstances, it seems wise to buy NIFTY on Dips rather selling at High. Buy NIFTY near the first support level i.e. 18050 for target of 18150-18200. SL may be kept below 17975 on closing basis. As mentioned above, it is better to find chances to buy NIFTY on Dips rather selling at High, it is not recommended to Sell NIFTY as the risk reward ratio doesn’t look favourable. Weekly Picks 1. BALKRISHNA INDUSTRIES BUY in the range of 2060-2080 Target 2188 SL 2015 Potential Upside 6.21% 2. HDFC BANK Buy in the range 1590-1600 Target 1700 SL 1575 Potential Upside 6.91 3. MPHASIS BUY in the range of 1920-1932 Target 2071 Potential Upside 7.86 SL 1885 4. TATA STEEL Buy in the range of 106-110 Target 119 SL 99 Potential Upside 12.26% 5. INOX LEISURE Buy in the range of 480-485 Target 520 SL 465 Potential Upside 8.33%
NSE:NIFTYLong
by VipulCIL
NIFTY ANALYSIS AND INTRADAY PICKSNIFTY ON 07-11-2022 It was a no-surprise trading session as the Index respected the important levels on both the sides. As we had discussed in the previous post that Index will take support near the first level i.e. 18100-18040, NIFTY fell from day high of 18255 to retest the 18100-40 and a splendid recovery was observed in the final hours as Index succeeded to defend 18200 on closing basis. Support came from all the indices except PHARMA. Consequently all the indices closed in Green with BANK, METAL and AUTO taking the leadership. Index closed at 18202.80 with a gain of 0.47% making a Doji on the daily chart. Technical View : (Daily Chart) NIFTY has made a Doji which generally indicates the trend reversal. However, this may not be considered for analysis as other indicators are telling a different story. NIFTY is moving above EMA 13, 21, 34 and EMA 34< EMA21<EMA13 which can be interpreted as the short-term positive trend intact. RSI at 67.76 indicates that NIFTY is in strong positive momentum without any signs of reversal. Support and Resistance : Daily Chart 18090-18015 will work as support level for NIFTY. Below this 17975 will hold strong Support during today’s trading session. On the upper side NIFTY will face resistance in the range of 18245-18310. Above this 18350 will hold strong resistance during today’s trading session. View for Traders: As Index is respecting the crucial levels on both the sides, trading the levels i.e. buying near first support level and selling near the first resistance level with strict Stop-Loss seems to be an ideal strategy. 18300 will play as crucial level as if Index crosses this level and sustains over 18210 then there will be high chances that Index will march towards 18600 in upcoming trading sessions. The buying strategies will remain the same with minor changes in levels at both the levels as the lower levels have gone up from 18000 to 18050. Hence, for Buyers the buying range could be either 18100-18050 or above 18210. Target will be 18200 and 18310 respectively. SL will be below 18000 and below 18175 respectively. Sellers must take their chances in the range of 18300-325. Target will be 18200. SL will be above 18360. INTRADAY PICKS FOR 08-11-2022 1. ICICI BANK Buy in the range of 922-925 Target 936 SL 915 2. BALKRISHNA INDUSTRIES Buy in the range of 1980-1984 Target 2015 SL 1965 3. PRESTIGE ESTATES PROJECTS LIMITED Buy in the range of 466-467.50 Target: 475.50 SL : 462 4.
NSE:NIFTYLong
by VipulCIL