BALKRISIND trade ideas
Bearish Divergence and Bearish Trade setupObserving Bearish Divergence (Red) and Bearish Trade setup (Green). Since its a fundamentally strong stock, we can wait further to take a position
BALKRISIND, Idea for Profit 12-Feb 2020BALKRISIND has given closing above level which was last reached on Oct'18. Stock is in good positive momentum and can be played for both intraday & positional gains
Long ( Continuation pattern ) We are in this trade form Quite a beginning , but i am posting now , its going to make one more move up ,
its a basically an Continuation pattern , One can look to book if holding near the 1st Target level , and for long term also
You can look to enter after a correction of 3 wave after 1 st target is done , its very high likely will enter an side ways pattern before making to final target
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.
Buy around 1070Levels are on the chart. Expecting stock to continue the uptrend after the recent pullback.
flag breakoutclassic trend continuation flag breakout pattern with potential upside of 8-10% in feb expiry
BALKRISIND : Bearish Shark 12-JAN-2020
BALKRISIND : Bearish Shark 12-JAN-2020
CMP: 1039.50
Entry : 1139-1169
Targets : 1102,1061
Stop loss: 1188.80
Chart by : Karthikdeva
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.
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BalkrisnaInd Bullish View, Symmetrical Wedge PatternIntraday And Positional View.
Symmetrical Wedge Pattern Formation,With break above at thinnest part of the cloud.
Increasing Number of buyers in last few hours...
Nearing quarterly Result on 4th Feb.
Following Trades Can be taken
Long Above 1111, SL 1101
target 1120,1126,1136
Short Below 1099, SL1111
Target 1080
