Divergence PatternThe stock has witnessed a phenomenal upward move for the last 10 weeks. After a 10% upward move about a month back, the stock has developed a divergence pattern. Watch out for correction. Shortby Gopal_ggUpdated 1
Balkrishnan Positional Shorting The stock can be shorted below the closing of the breakdown candle. The strategy is RSI Divergence. Stock is raising but NSE:BALKRISIND the RSI is decreasing. expecting a breakdown. Shortby geducation36650
BALKRISIND_FOR INTRADAYIf BALKRISHNA INDUSTRIES shows bullishness one can go long for intraday after a trendline breakout in 5/15mins TF. (for educational purpose only)Longby yourtradebuddy0
analysis #education purpose onlyDepending upon the market condition you can take a long or short intraday trade on monday . Stock is just at the long term trend line support and also broken the short term trend line.Longby pnr0406990
Balkrishna Industries - Rising Channel ViewBalkrishna Industries: Rising Channel Breakout View Long above 2280 with a SL 2250Longby roshansai7
Balkrishna Industries at very crucial levelBalkrishna Industries have tested 4 times resistance level in 15 min timeframe we can go long once this resistance break or else short once get confirmation bt candleby stock_market_information_1
BALKRISHNA INDUSTRIES SYMMETRICAL TRAINGLE BREAKOUTSYMMETRICAL TRAINGLE BREAKOUT after few days of consolidationLongby NikethReddyVangala0
Balkrishna Industries - Waiting for a triangle BreakoutLong is high probability trade above 2225 for 2300 targets. Would take profit slightly before psychological round number 2300 kicks.Longby bhalla1990Updated 117
BKT giving a breakout of a symmetrical triangle1) Breakout of a symmetrical triangle 2) Close to All Time High 3) Long term uptrend comfortably intact 4) Auto Ancillary stock which derives most of its revenue from Europe and America (major +ve in the current market scenario) 5) Trend very strong with ADX at 52 Longby NikethReddyVangala1
Ascend higher with this ascending up/ up and up stockIn daily chart,making a consolidation pattern. In hourly,completed 5 wave wave structure in the form of ascending triangle.What else we can ask for!!! BUY above break out (2205-2210) with sl 2170-2175. Target around 2300. Standard disclaimer :this is my personal opinion,not a trading recommendation. Trade at your risk with due diligence.Longby eternallearnerUpdated 0
Balakrishna Industries Ltd - Flag Pattern Hi Guys, Balakrishna Industries was in the consolidation face and if the script moves above the parallel channel and closes in 1hr time frame we can go for Long. For Risky Traders - Already a Triangle pattern was formed with in the channel. If that triangle pattern is closed above go for Long. SL - 2155 (Closes below in the 1hr TF). Regards, Thenali Views Disclaimer: Kindly do your own analysis before executing the trade.Longby Caapinves2
[POITIONAL] BALKRISIND : Breakout Bet.As per charts. Do not sell before trigger. Follow strict Sl. If SL hits before triggering Short, it becomes a Long Trade. DD Advised.by Akshant2
BALKRISHAN TO TAKE LONGLong above 2145 SL 2115 TGT 2180-2200. Entry will be taken after the BO of TL. Good risk to reward trade. This is for your educational purpose only.Longby Tech_stock_traderUpdated 1
balkrishna longthis is very important trendline of balkrishna,it gave breakout on 17 may and retracement phase going on but closing is above trendline so hopes are alive that it may not failed breakout and we should accumaulte with sl of 1800Longby rishabhsharma31102
result of BALKRISHNA IND. chart analysisresult of BALKRISHNA IND. chart analysisby TRADINGENGINEER1431
BALKRISHNA INDUSTRIESBalkrishna industries 2101 level make or break level. if break this then buy above 2105 for intraday. for swing not now. when it wil give retracement the after retest we can buy for swing. don't worry time to time i will update you. just keep following. IF this go down then u can short for intraday.by drmukulagrawal0
BALKRISHNA hot2501 possible target on take off that marks the resistance side of the the uptrend channel. a slight pull back and go would be good. this current move will need to be digested for a few days through distribution.Longby DeepValueFishing0
Evening Star Formation in Balkrishna industries on daily TFThe scrip has been on uptrend for quite some time now. It has recently taken rejection from 1965 levels and we can see a downtrend in days to come.Shortby anaconda_619Updated 992