BALKRISHNA INDS NSE:​BALKRISIND

There is a Bullish RSI Divergence and MacD Divergence on Daily Chart. Stock is poised for positive movements for this week. 3 Support zones in the chart if setup fails to work.

Long if PDH is broken, with SL at PDL PDH - 963.95 PDL - 932

Levels mentioned in the chart

Sell below 1055 with the stop loss of 1070. Targets are 1040, 1020 and 1000.

approaching 870

... Levels mentioned in chart

BALKRISIND is trading at multiple bottoms, ie support levels but there is not sign of reversal yet. However one can carefully trade it. One can go long with SL below today's low.

Held support at 936. This is a strong support that was held yesterday. If bullishness returns, next target before any worthwhile resistance is at 1175

Add Balkrishna industry small qty around 871 and small qty around 713 for next 1 year view for positional for 20 to 25% gain

Buy with the stop loss mentioned

#BALKRISHNA IND CASH 31 OCT 2018 LOOKS GOOD ABOVE 1105 STOPLOSS 1092 TARGET 1018-1020/1029-1030/1040 CMP 1095.2

Wait for 1-1.5 months for target, due to high volatility, go for shares only.

Short on 1060.80 break with SL as 1081.

Long this stock above 1090 for Target 1175 and SL 1065

BALKTISIND support at 1000 and 973 if it breaks 1000 then it will see 950 and resistance at 1058 and 1096 if it breaks 1058 it should go upto 1100 further as per my view....

BALKRISIND Reversal (Inside bar) weekly tf

Long for 40% return

Levels mentioned on chart