BALKRISIND Long idea (Intraday)Price bounced from support area and there is high possibility of price to go up. All the analysis and levels mentioned on chart.
BALKRISIND trade ideas
Balkrishna Ind. Chart Analysis !!📈 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 : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Long - #BalkrishnaInd , SL - 2000Swing trading, Trade idea is only for Educational Purpose, Pls do your own research before taking any trade.
Long BalkrisindStock Name: #Balkrisind
Action: Buy
Entry: 2194.50
SL: 2075
Target: 2551.50
NSE:BALKRISIND
BALKRISHNAINDSwing 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.
BALKRISIND | Nice flag setup - Looks good for 10%BALKRISIND | Nice flag setup - Looks good for 10%
CMP : 2160
SL : 2020
Target : 2360
1:2 risk reward setup
Balkrishna_ Halting before next moveBalkrishna looking good for further upside move
No recommendation above view only for learning purpose
CUP AND HANDLE BALKRISHNA INDUSTRIESBALKRISHNA INDS formed CUP and Handle pattern . Right now the price is near important SR And FIB level . Break out from this area will give a good swing trade opportunity. Reference point is 50DMA . Volume expansion in long side is a positive sign .
Balkrishna Industries breakout observed on the hourly time frameBalkrishna Industries breakout observed on the hourly time frame, keep SL of 25 points
BALKRISIND 50% Retracement in WeeklyThe 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
BKT Balkrishna Industry Short BKT cmp1970 SL 2069 tp= 1718--, 1534--. #Robinhood Investment #Predictionanalysis
balkrishan industries bullish deep crabit 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
[Buddha] BALKRISIND Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
BalkrishindOnly 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
Balkrishna Industries - Looking for reversal after correction.Balkrishna Industries after a correction may find support at current level.
We can go for Long at the current levels with the Closing Basis Stop loss @ 1936.5.
Please like the idea If you agree with the analysis.
Happy Trading!
Bala Krishna IndustriesImportant 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
Balkrisn INDBALKRISIND looking good an upside small swing a small trade can be intiated with small sl
SWING TRADE ANALYSISSwing trade analysis as it has reached it support level as per the trend line, however it has broken its flat support level, hence keep a close SL.
You can apply Bollinger bands as well for better clarity on support level.
Maintain SL according to your risk if taking trade.
FOR LEARNING PURPOSE ONLYHello Traders 🙏
Here's The Shorting Opportunity In This Stock As The Stock Has Given A Breakdown After Testing Support Allot Of Times.
The Next Support Level Is Mentioned In The Chart
Itself.
Please Do Like If It Was Helpful.
Thank You 🙏.
Balkrishna Inds Cmp 2003 dated 16-2-2022Balkrishna Inds Cmp 2003 dated 16-2-2022
1. Bearish Engulfing Candle Stick.
2. Broke down of support line @ 2065
3. On RSI there is Bearish H&S Pattern.
Sell for a tgt of 1950-1900-1825 SL 2075
It is just a view, pls trade at your own risk.
BALKRISINDBALKRISIND good and leading tier company
completed its 78 retreatment
Careful because of result
if reversal then ride at trailing SL
2275-2349-2389 for trading or swing
For Long term hold with SL of weekly candle
Balakrishna industriesBalakrishna industries more fall till it rises up again. Expecting a drop towards 2080-2060
Why i taken Balkrishna Inds IntradayNote: BALKRISHNA INDS (- 4.06% STOCK FALL)
Why i taken Balkrishna Inds 2300 PE???
1. Below CPR range opening
2. MA200 Golden Crossover of MA20,50
3. Previous day Low broken after retest S1 support level also broken
