BALKRISHNA INDS NSE:​BALKRISIND

Buy above 877.70 with SL at 868.35

Made an inside bar , after falling for 4 days, made an inside bar , so it will have to go in some direction Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the ...

Technically it can slide 770 and if that level is broken, then, then it can slide further!

Trade on break out. Note : Educational pupose only.

Short below 860 Tg 837/797 SL 880

Ba

Hope it will give good profit. Short term trend call.

TRADE WAS WITH TREND & GOOD FOR SHORTING OPPORTUNITY INTO A SZ ZONE FORMED YESTERDAY WITH GOOD R:R

SL would be updated in clbs

Further to the recent updates, the price action suggests that Wyckoff Distribution is complete and a Mark Down phase is underway in Balkrishna Industries. Here is the link which has the Point & Figure Horizontal count d.pr

In my earlier post, I talked about a potential accumulation in this stock, based on the price action witnessed yesterday. The price action today doesn't evoke much confidence. Am watching this stock with interest as it could offer a trading opportunity one way or the other. If the accumulation view doesn't play out, then it could be a classic case of Wyckoff ...

by if PDH is broken with SL at channel low or PDL PDH - 991.45 PDL - 956.45 Channel Low - 930.45

Balkrishna Brokeout today from 975 zone which it was trying from few days now. A Retest of 975 area is possible in next couple of days. 975 Should Act as a support now. Target is of 1025 and 1050. It may even try and fill the gap from 6th nov.

This stock is an interesting case study for those interested in Wyckoff analysis. The price has been stuck in a range for a long while now. The recent sell off on high volume comes across as a potential Wyckoff Spring. The quick snapback into the trading range with higher volume today is a positive sign. Am watching this stock with interest and looking to take ...

Positional Trade Entry - Above 975 SL - 942 Target - 1030 Intraday Trade Long on 969.80 break with SL as 952.70 Short on 952.50 breal with SL as 969

BALKRISIND look seems to be at support but if we can figure it out, there has been quite heavy selling pressure and current condition its losing the momentum. So, Momentum Loss + Price at Support/Resistance, indicates reversals but before reversal we should check the chart patterns which in this case is quite visible that its forming bearish flag. but again, we ...

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