BALKRISHNA INDS NSE:​BALKRISIND

Multiple resistance are seen around 950 - 975 levels. It is making the price to move sideways irrespective of the bullish sentiment in the marhet.

watch

Description in chart

BalKrishIND - Looks weak if breaks 880.00 for short term target of 850-840.. CMP- 885.70 NSE:BALKRISIND

LEVELS ON CHART B = BUY ABOVE S = SELL BELOW T = TARGET BOOK 70% ON FIRST TARGET REST TRAIL

BALKRISHIND good upward breakout from downtrend channel. No doubt it will break the 50 sma and it will rally to 100 sma but 100 sma is a strong resistance for balkrishind because previously twice 100 sma has rejected the price from going up. target 915-920; sl 805

one long position also

do your own analysis and then trade. don't forget to see what happened in next day and answer in comment if you like it,

SL of 650. ATR*2 Trail SL

Buy 837 Tg 865/893 SL 810

Balkrishna Industries Trade Set Up 13th February 2019 Buy in the range 810 - 830 Stoploss: 790 Target: 880 Time Frame: 15 days "Reverse TrendLine Breakout"

As per charts

Dont buy now or you will lose chaddi baniyan, buy only bullish engulfing , buy futures its going up , No worry buy only no selling

Buy above 829 target 855 sl 800 Sell below 798 target 760 sl 829

Long if it breaks the high of the previous day with a stop loss at the previous day's low. 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.

Short Tg 759

heading south

Buy above 877.70 with SL at 868.35