Get started
BALKRISHNA INDUSTRIES LTD.BALKRISHNA INDUSTRIES LTD.BALKRISHNA INDUSTRIES LTD.

BALKRISHNA INDUSTRIES LTD.

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

BALKRISIND trade ideas

BALKRISIND Trading Within Weekly Demand ZoneBALKRISIND is currently trading at ₹2497.2, positioned within the weekly demand zone ranging from ₹2490 (baseHigh) to ₹2402 (baseLow), identified on 17th May 2024. This zone could act as a support level, potentially attracting buying interest. Investors may watch for signs of price stability or upward movement before making decisions. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
NSE:BALKRISINDLong
by rush12799
Balkrishna Inds cmp 2669.95 by Daily Chart viewKeep the stock on radar for probable upside price move basis testing Support Zone and Falling Resistance Trendline Balkrishna Inds cmp 2669.95 by Daily Chart view - Support Zone at 2605 to 2650 Price Band - Resistance Zone at 2890 to 2955 Price Band - Stock Price seems to be testing and retesting the Support Zone since early January 2025 - 02 nos Gap Up opening of May 2024 and 01 Gap Down opening of Aug 2024 are been filled up - 01 Gap Down Opening after ATH profit booking is yet to be filled up and will happen in near future - Falling Resistance Trendline was cushioning an upwards Price move but seems it is been tested again
NSE:BALKRISIND
by PIYUSHCHAVDA
Balkrishna Industries (BALKRISIND) Monthly Chart AnalysisThe technical setup combines Fibonacci retracements, trendlines, and moving averages to reveal key insights into future price action. The following analysis covers key support and resistance levels, bullish and bearish scenarios, and potential trade opportunities. Trend Overview : The stock is in a long-term uptrend, supported by a rising trendline that has acted as a strong base. Recent corrections indicate a healthy retracement within this uptrend. Fibonacci Retracement Levels : The Fibonacci retracement is drawn from a major swing low to swing high. Key levels: 23.6% at 3,096.30. 38.2% at 2,966.30 (currently breached). 50% at 2,785.30 (tested as support). 61.8% at 2,605.30 (a critical level for buyers). 78.6% at 2,466.30 (final support zone). Support Zones : Primary Support: 50% retracement at 2,785.30 coinciding with EMA-21 (~2,661.59). Secondary Support: 61.8% retracement at 2,605.30 aligned with a consolidation zone. The long-term trendline also intersects around these levels, adding confluence. Resistance Zones : Immediate Resistance: 23.6% retracement at 3,096.30. Strong Resistance: Previous swing high near 3,374.30. Psychological resistance at 3,500. Exponential Moving Averages (EMAs): EMA-9 at 2,850.54 is currently supporting the price. EMA-21 at 2,661.59 aligns with the 50% Fibonacci level, acting as a critical support zone. The EMAs are in a bullish crossover, indicating long-term strength despite short-term corrections. Volume Analysis : Monthly volumes are consistent, with higher volumes during bullish candles, signaling strong institutional interest. The recent pullback has seen declining volumes, suggesting a lack of aggressive selling. Bullish Scenario : If the price holds above the 50% retracement (2,785.30) and regains 3,096.30, the uptrend could resume. Breakout above 3,374.30 may lead to new all-time highs, targeting 3,826.20 as per the Fibonacci extension. Bearish Scenario : A breakdown below the 61.8% retracement (2,605.30) and the long-term trendline could invalidate the uptrend. Further downside could target the 78.6% retracement at 2,466.30 and psychological support at 2,400. Trade Plan For Bulls : Entry: Near 2,785.30 (50% retracement) with confirmation of reversal signals. Target 1: 3,096.30 (23.6% retracement). Target 2: 3,374.30 (previous high). Target 3: 3,826.20 (Fibonacci extension). Stop Loss: Below 2,605.30 (61.8% retracement). For Bears : Entry: On breakdown below 2,605.30 with strong bearish momentum. Target 1: 2,466.30 (78.6% retracement). Target 2: 2,400 (psychological level). Stop Loss: Above 2,785.30.
NSE:BALKRISINDLong
by handaakshsy
BALKRISIND Descending Triangle Pattern NSE:BALKRISIND Chart Patterm : Descending Triangle pattern. 📉 Descending Triangle Pattern 📉 The Descending Triangle is marked by a series of lower highs and a relatively flat support level. It’s typically a bearish continuation pattern, suggesting the price might break below the support level after the consolidation phase. Possible Targets Based on the Pattern: 🔻 Breakdown Target: If the stock breaks below the support level around ₹2779.00, the target can be estimated by measuring the height of the triangle and subtracting it from the breakdown point. The height of the triangle is approximately ₹596.00 (₹3375.00 - ₹2779.00). Therefore, the breakdown target would be around ₹2183.00 (₹2779.00 - ₹596.00). 🚀 Breakout Target: If the stock breaks above the resistance level around ₹3080.20, the target can be estimated by adding the height of the triangle to the breakout point. Therefore, the breakout target would be approximately ₹3676.20 (₹3080.20 + ₹596.00). 📢 Disclaimer: This is not financial advice. Please do your own research before making any investment decisions. The views expressed here are for educational purposes only. Happy trading! 📊✨
NSE:BALKRISIND
by vkj123
BALKRISIND looks good for a swing tradeBalkrishna Industries (BALKRISIND) has shown a strong uptrend in the major trend and has recently formed an inverse head and shoulders pattern during the pullback phase of this uptrend. The neckline of this inverse head and shoulders pattern has been broken, and the stock has also taken support at this neckline, further reinforcing the pattern. These factors together indicate a high potential for an upward move in the near future, suggesting that BALKRISIND could see significant upside.
NSE:BALKRISINDLong
by anuragAnand321
BALKRISHNA IND 1HRINTRADAY / SWING TRADE - EARN WITH ME DAILY 10K-20K – BALKRISHNA IND Looking good for Downside.. When it break level 3063 and sustain.. it will go Downside... SELL @ 3063 Target 1st 3032 2nd 3016 FNO BALKRISIND SEP FUT – LOT 5 (Qty-1500) BALKRISIND SEP 3150 PE – LOT 5 (Qty-1500) – PRICE (116.85) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:BALKRISINDShort
by Prashant019