Short Balkrishna IndustriesShort Balkrishna Industries Below 1344 SL 1375 1st Target 1305 and 2nd Target 1280
BALKRISIND trade ideas
Balkrishna Industries Low RSI and an ideal short candidate till 1255, strong support area. Has strong resistance at 1514 levels on the higher side.
Not a SEBI Authorized Advisor. Chart analysis are for my own trading purpose.
BALKRISIND - Good Long Positional Opportunity Two rejecting candle on D timeframe above 50 EMA and ST , price is will willing to go up. One can go long for a Target of 1500 and SL as PDL.
just sharing my point of view on stocks and indices. just sharing my point of view on stocks and indices. TRADE RESPONSIBLE
Balkrishna Industries#balkrishnaindustries As told earlier, above 1380 a confident up move, below 1350 it weak...More probability of up move...
#Balkrisind Parallel channelBalkrisind is moving in a parallel channel and there is a higher probabilty to move towards 1422 and 1445 once moves above 1388 levels for swing trade.
See the previous idea of the same scrip below.
Regards
BALKRISIND with 4:1 risk reward ratio Positional Trade
BALKRISIND Buy: 1382; T1: 1450; T2: 1550; SL: 1340;
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Buy a small quantity now at CMP and wait for the trend to get break to make complete position in stock.
Risk taker can wait for target2 and risk averse traders should book their profits at target1.
What I suggest is to book partial profits at 1st target and wait for the target.
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-Mohit Rajani
BALKRISHNA INDUSTRIES SWING ALERT!!!NSE:BALKRISIND
A break of 1418 can confirm a target of 1501
(ALWAYS TRADE BASED ON YOUR OWN ANALYSIS, USE OPINIONS ONLY AS REFERENCES)
Balkrishna Industries - Will it make a new highBalkrishna Industrie is trading around its Monthly Support Level which is also a Supply Zone for this Script.
Details on Chart. If it takes support at 1360 and makes a green candle then we may see 1600 levels.
Balkrishna Industries#Balkrishna Industries tested 0.618 Fib today and resting there... Need to see if crosses the trendline and 0.5 ratio.
Falling Wedge View - BalkrishnaIndBalkrishnaInd :
Can result in a Falling Wedge Breakout..
1400, 1375 Good Support
Balkrishnaind long1414 to 1483 almost 5%
More above 1483 as BO given with good colume
hold with SL of 1290 closing basis
Mega Breakout: All time high breakout in Balkrishna IndustriesBalkrishna Industries breaks all time high price and just enter into Blue Sky Zone. Balkrishna Industries deals in the OFF-track tyres sector which in a high demand due to positive returns in the agriculture sector. This company is market leader in this sector and continuously providing good results in the past six to seven years. Company has installed new capacity and be operational from this quarter. The company has just started working in the mining sector and keep on diversifying the product lines. Jai Bharat
BalkrishnaInd failed H&S patternExpect around 1360 in coming week after failed HNS pattern. See previous idea to see the pattern.
Link for previous idea below.
Regards
BALKRISIND LONGAfter a strong run-up Balrishind is again back to support
Volume was good on rally and very less on retracements
wait for a bullish price action on hourly chart around support and buy
Very high probability setupAnalysis is given on the chart. Comment if you have any query and if you like my analysis, don't forget to press the like button.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
