BALKRISHNA INDS

NSE

BALKRISIND

Balkrisind stock lookin too bad on chart and stock may touch 750 level soon as per rounding top pattern on chart. Stock may post bad result as other Tyre stocks posting. Better to stay away from stock as stock don't have support and resistance. #ResultpreviewwithMrChartist

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 previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

BALKRISIND my view buy

balkrishna industries levels

All the levels are mentioned on the chart. Disclaimer - Not a recommendation to buy or sell, view only for educational purpose.

follow

It's a short below 958 on 30mins clbs for T1 955, T2 950, Sl 962. S&R lines are clearly drawn in the chart

sell

Refer chart

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 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.

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 previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

Inverted Head and Shoulder. Breakout is already given however Hrly candles not supportive. If it breaks this resistance then good profit.

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 previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

Sell below 912 with the stop loss of 919. Targets are 905, 898 and 891.

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

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