BALKRISINDIn Weekly chart of BALKRISIND, we can see that it has given breakout and retesting is also done.
Showing and upward momentum is a positive sign.
BALKRISIND trade ideas
Balkrishna next day and weekgiving herewith my idea of "Balkrishna" for next day and week
this is for knowledge purpose
Rising wedge pattern BALKRISINDBALKRISIND
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breadown target of 1800-.
✅Can Go short in this stock by placing a stop loss above 2260+.
✅After breakdown this can give risk:reward upto 1:10+.
Long BALKRISIND for 10% - 04/12/22Long Balkrishna Industries for 10% from 2061. Stop Loss is real-time and dynamic and will get updated if it comes to the point of doing so. Please keep an eye on the updates to this thread too.
Balkrishna Inds : Cup & Handle viewBalkrishna Inds :
Cup and handle breakout possibility
GAP Filling pending
Long only above 2255 with SL 2200
My view on BalkrisindBalkrisind should give breakout above 2240.
Balkrisind
Above 2240
Tgt 2280-2300-2350++
Keeping on radar Balkrisind 2240 CE
intra day trade for tomorrowBalkrisind analysis for tomorrow
just for educational purpose
trade at your own risk
Balkrishna Inds Cmp 2211 dated 6-1-2023 VOLUME RISEBalkrishna Inds Cmp 2211 dated 6-1-2023
1. Cup & Handle Pattern BO @ 2165
2. Volume Rise
Buy @ Cmp for target 2235-2265-2320-2365 SL 2150
Pattern Target 2500 SL 2100
It is justa a view, please trade at your own risk.
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
Cup And Handle PatternA cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.It is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Script = Balkrisind
Time frame = 1Day
Balkrishna ind buy@1900Buy Balkrishna ind @1900
Target for 2000,2050,2100,2150,2200
Cypher as well as Shark 🦈 pattern visible
Stoploss 1875
BALKRISHNA IND
volume is good near to breakout zone supporting from 40 week's moving average. and it's it in range bound from 2/3 months
BALKRISIND• Anti Cypher Harmonic Pattern is going to activate in BALKRISIND above 2003.80
• PRZ is at 2100
• Entry:- 1974 break.
• Upside Resistances can become our targets.
Targets :- 2064.95 , 2100 , 2157
Stop Loss / SL :- 1918.25 Support zone .
Cup n Handle pattern in BalkrishnaIndCup n Handle pattern Balkrishna Industries on Daily chart. Reversal from 2194 to form Handle.
How to Interpret levels in trendline and Horizontal resistanceHow to Interpret levels in trendline and Horizontal resistance. How to draw correct horizontal line from hidden levels.
BALKRISIND - AnalysisThe key levels for BALKRISIND are as follows.
Entry : 2108
Stop-Loss : 2234
Target : 1796
#BALKRISIND - long now#BALKRISIND - looking good to go long for targets of 2060, 2100 with SL @ 1880.
Symmetrical triangle pattern reversal in BALKRISINDBALKRISIND
Key highlights: 💡⚡
📊On 1W Time Frame Stock Showing Reversal of Symmetrical triangel Pattern .
📊 It can give movement upto the Reversal target of above 2200+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 3300+
Strong bullish engulfing patternThe size of green candle in bullish engulfing pattern and the volumes clearly shows a uptrend. We look for around 10% gain in short term. Safe buyers can long if we see a confirmation candle today EOD.
Balakrisind Stock is in symmetrical triangle Results are good, Weekly bullish engulfing candle. So i go for long in this stock. If you want to stop out your loss , below 1700 closing in weekly candle you may come out .
Bearish view on Balkrishna industries- Bearish Flag pattern on daily chart
- Reversal pattern (LH-LL) confirmed on weakly chart
- Bearishness confirms at closing below 1825 on daily basis
- Support level at 1525.
Applying the Wave Principle I have made efforts in Applying wave Principle as per rules and Guidelines
One can make note of it
Good luck
