BKT Balkrishna Industry Short BKT cmp1970 SL 2069 tp= 1718--, 1534--. #Robinhood Investment #Predictionanalysis
BALKRISIND trade ideas
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
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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..
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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
BALKRISHNA INDS WEAK BELOW 2455The stock was going up following a trend line and now at the verge of breaking the downside, looks good to sell if sustains below 2455 for the marked targets on chart until 2540 is intact on the upside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
A short trade in BALKRISIND BALKRISIND has reached supply zone in daily timeframe. A short trade around 2480 with SL of 2540 looks good as it has made back to back 10 green candles and now the momentum seems to slowing down after entering demand zone. Targets 2400,2360,2320. A bear put spread can also be used to enter this short trade if liquidity in option prices permits.
Breakdown #Balkrishnaind be careful with longsplease refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
Buy at 2482 TGT 2498 and 2513 SL 2464Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Balkrishna Industries Long opportunityNSE:BALKRISIND
Hello all
Balkrishna industries has been traveling in a channel since March 2020. It came back to its lower trendline, took support, and took off. It broke the trendline 1 and its nearest resistance as well. All this makes it a good opportunity to go long!
Besides these points, there are a few more that strengthens my conviction to go long:
->Support from 50 day EMA
->Support from 50 weekly EMA
->Took support from 50%-61.8% Fib level
The Risk reward ratio is favorable. Also Nifty seems to have broken its major resistance and there is a high probability of Nifty going up from here.
*NOT A CALL*
Balkrishna Industries Positional View !BALKRISIND : cmp : 2323.4
A falling supply trendline breakout done near 2287-2300 zone.
Good base formed near 2180-2200 lvl . So downside limited.
Making higher highs for 3 days.
RSI & MFI trending up.
Accumulation zone : 2280-2320
profit booking zone may be 2417 - 2527
Sl 2276 Dclbs/According to your risk appetite.
Positional TGT 2800+
SL 2176 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
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BALKRISINDNSE:BALKRISIND
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BALKRISIND - Intraday and swingWhy this Trade..??
1. Bearish Gartley Pattern
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
