BALKRISIND-Swing long entry level 970 with the target 1170Stock is printing upward with increased volume above 20&50DEMA. Suitable for entry on pullback near 970, keeping SL 900.5
BALKRISIND trade ideas
BALKRISIND Bullish -Weekly TFPrice has broken out of the resistance. Looks strong; Can buy at the retest.
BALKRISIND Bullish -Daily TFPrice has broken out of the resistance. Looks strong. Can buy at the retest.
Balkrisind#balkrisind #cup #technicalanalysis #patience
pattern also need to be re arrange till the breakout...as it may form a cup or cup and handle....so wait till the green line breakout...
BALKRISHNAIND {disinvestment/SHORT}OFF LOAD BALRISHNAIND
AT 985 LEVELS SHARP FALL TILL 850 LEVELS COMING
SHORT AT 985 KEEPING 1025 AS SL TGT 920/870/850
BUY BALKRISHNA ON DECLINE
MINT MONEY
DATE 30-12-19
SCRIPT BALKRISIND FUTURE
LOT SIZE 800
CMP 982
ACTION BUY
ACTION PRICE 957
STOP LOSS 949 -6400
T1 962.9 4720
T2 966.5 7600
T3 969.5 10000
T4 972.5 12360
T5 976.7 15720
T6 982.0 20000
T7 988.8 25440
BALKRISHNA IND CASH : LOOKS GOOD ABOVE 961BALKRISHNA IND
23 DEC 2019
LOOKS GOOD ABOVE 961
STOPLOSS 950
TGT 968-970/978-980
CMP 951.10
BALKRISHNA INDS ELLIOT WAVE LONG TERM FORECASTINGScript satisfying all the rules of elliotwave and we have buying opportnity for long term......
i will post short term trades time to time......
Flag breakout Short Balkriskna IndShort Sell Balkind below 950.20 for tgts of 933 and 927.
Sl 960.10.
H&S Balkrisind BearishPossible Head & Shoulder formation on Balkrishna Industries, Sell below @ 903 with SL @ 954 and Target @ 854
Sell BALKRISHNA INDS below 912Sell if sustains below 912 for the targets of 895, 965 and 835.
SL would be 954.
Happy Trading!
Rachit
SHORT BALKRISIND Balkrishna Industries is in Overbought zone and RSI is also showing bearish Divergence
MACD's signal line is also forming a bearish curve and may show a crossover soon
Bollinger Band is also expanding which shows the sentiment of Bears is very high and they are very confident for a Bearish Move
A Bearish Engulfing pattern has been formed which shows Bears are dominating Bulls and which pull the stock downward for sure
It can't get clearer than this, a correction is surely expected
Happy Trading .......
Balkrishna Industry is forming cup patternThe balkrishna industry forming cup pattern.....or may form cup and handle...once breakout above line then SL below the green line....or below handle if cup and handle formed....
