BALKRISIND case study on a possible fake BO1. Balkrisna IND made a Breakout of a long run parallel channel of 9 months (starting from 23rd sep 24)
2. Good volume buildup but there is price rejection from the top.
3. A possible case of fake BO if close below key support and channel @2638.
4. Analysis invalidated if the price in day candle
Next report date
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Report period
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EPS estimate
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Revenue estimate
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91.70 INR
14.71 B INR
93.40 B INR
79.81 M
About BALKRISHNA IND. LTD
Sector
Industry
Website
Headquarters
Mumbai
Founded
1961
ISIN
INE787D01026
FIGI
BBG000CNY196
Balkrishna Industries Ltd. engages in the manufacture and sale of off-highway tires. The firm's Off-Highway Tire segment consists of Agricultural, Industrial and Construction, Earthmovers and Port, Mining, Forestry, Lawn and Garden, and All Terrain Vehicles (ATV) tires. The company was founded on November 20, 1961 and is headquartered in Mumbai, India.
BALKRISHNA INDUSTRIES LTD – Descending Channel Pattern
1. Pattern Analysis
The price structure has developed a Descending Channel Pattern over a span of 10 months, making it a tradable and valid setup as per Mr. Chartist's methodology. The pattern is defined by a sequence of lower highs and lower lows, bounded by clearly marked red resistance and blue
BALKRISIND 1HRSWING TRADE
- EARN WITH ME DAILY 10K-20K -
BALKRISIND Looking good for Downside..
When it break level 2476 and sustain.. it will go Downside...
SELL @ 2476
Target
1st 2430
2nd 2381
FNO
BALKRISIND MAR FUT – LOT 7 (Qty-2100)
BALKRISIND MAR 2580 PE – LOT 7 (Qty-2100)
Enjoy trading traders.. Keep ad
BALKRISIND Trading Within Demand Zone (2528.0-2475.5)The stock BALKRISIND is currently trading at 2499.05, within its demand zone ranging from 2528.0 to 2475.5. The last leg out occurred on 2024-05-16.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or c
BALKRISIND Trading Within Weekly Demand ZoneBALKRISIND is currently trading at ₹2497.2, positioned within the weekly demand zone ranging from ₹2490 (baseHigh) to ₹2402 (baseLow), identified on 17th May 2024. This zone could act as a support level, potentially attracting buying interest. Investors may watch for signs of price stability or upwa
Balkrishna Inds cmp 2669.95 by Daily Chart viewKeep the stock on radar for probable upside price move basis testing Support Zone and Falling Resistance Trendline
Balkrishna Inds cmp 2669.95 by Daily Chart view
- Support Zone at 2605 to 2650 Price Band
- Resistance Zone at 2890 to 2955 Price Band
- Stock Price seems to be testing and retestin
28th jan balkrisindustries for intradayhello everyone,
i know its not a buyer market , but still we have to stick to our strategies
and trust the technicals, as far as technicals are concerned, on daily chart
balkrisind is showing huge rsi divergence, apart from it, there is good prevolume today
so buy balkrisind at open and add on
Balkrishna Industries (BALKRISIND) Monthly Chart AnalysisThe technical setup combines Fibonacci retracements, trendlines, and moving averages to reveal key insights into future price action.
The following analysis covers key support and resistance levels, bullish and bearish scenarios, and potential trade opportunities.
Trend Overview :
The stock
BALKRISIND - Breakout in Falling WedgeView : Bullish
Entry Zone- 2860- 2800 (Trend line breakout)
Exit Zone - Based on Trader mindset. Exit 1 - 2935
Exit 2- 3050
Exit 3 - 3300
Stoploss : Close below 2750
Timeframe: Daily
Notes: Trednline break out the Falling wedge pattern. Price consolidates since May 2024.
balkrishna ind long tradebalkrishna ind is showing early signs of a bounce, for next few sessions at least , a long side trade may be initiated, how ever as the over all market sentiments are weak, one need to be swift enough to exit the trades in case it goes wrong, also regular profit booking is a must.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of BALKRISIND is 2,639.00 INR — it has decreased by −0.36% in the past 24 hours. Watch BALKRISHNA IND. LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange BALKRISHNA IND. LTD stocks are traded under the ticker BALKRISIND.
BALKRISIND stock has fallen by −2.58% compared to the previous week, the month change is a 3.65% rise, over the last year BALKRISHNA IND. LTD has showed a −15.22% decrease.
We've gathered analysts' opinions on BALKRISHNA IND. LTD future price: according to them, BALKRISIND price has a max estimate of 3,362.00 INR and a min estimate of 2,042.00 INR. Watch BALKRISIND chart and read a more detailed BALKRISHNA IND. LTD stock forecast: see what analysts think of BALKRISHNA IND. LTD and suggest that you do with its stocks.
BALKRISIND reached its all-time high on Aug 1, 2024 with the price of 3,375.00 INR, and its all-time low was 12.00 INR and was reached on Mar 6, 2009. View more price dynamics on BALKRISIND chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
BALKRISIND stock is 1.91% volatile and has beta coefficient of 1.01. Track BALKRISHNA IND. LTD stock price on the chart and check out the list of the most volatile stocks — is BALKRISHNA IND. LTD there?
Today BALKRISHNA IND. LTD has the market capitalization of 512.38 B, it has decreased by −2.65% over the last week.
Yes, you can track BALKRISHNA IND. LTD financials in yearly and quarterly reports right on TradingView.
BALKRISHNA IND. LTD is going to release the next earnings report on May 23, 2025. Keep track of upcoming events with our Earnings Calendar.
BALKRISIND earnings for the last quarter are 22.70 INR per share, whereas the estimation was 19.18 INR resulting in a 18.36% surprise. The estimated earnings for the next quarter are 20.63 INR per share. See more details about BALKRISHNA IND. LTD earnings.
BALKRISHNA IND. LTD revenue for the last quarter amounts to 25.72 B INR, despite the estimated figure of 25.29 B INR. In the next quarter, revenue is expected to reach 26.75 B INR.
BALKRISIND net income for the last quarter is 4.49 B INR, while the quarter before that showed 3.47 B INR of net income which accounts for 29.56% change. Track more BALKRISHNA IND. LTD financial stats to get the full picture.
BALKRISHNA IND. LTD dividend yield was 0.69% in 2023, and payout ratio reached 21.02%. The year before the numbers were 0.82% and 29.25% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of May 23, 2025, the company has 11.14 K employees. See our rating of the largest employees — is BALKRISHNA IND. LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BALKRISHNA IND. LTD EBITDA is 25.25 B INR, and current EBITDA margin is 24.18%. See more stats in BALKRISHNA IND. LTD financial statements.
Like other stocks, BALKRISIND shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BALKRISHNA IND. LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BALKRISHNA IND. LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BALKRISHNA IND. LTD stock shows the neutral signal. See more of BALKRISHNA IND. LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.