long term stock 19 aug 2021long term stock 19 aug 2021
keep on accumulating on dips upside potential of 100% returns in coming 2-3 yrs
BALKRISIND trade ideas
BALKRISINDRSI Divergence Sharing for study purpose only.
BalkrishnaINd Making Lower lows on charts.
For early indication, we go down on Hourly charts.
As prices are moving down RSI is not making Lower Lows. (Marked with red arrow)
You can check on the lower time frame also on 15 min/ 5min charts.
It's an accumulation zone for the stock which can give a good up move in few days.
SL stays if RSI breaks the pattern and makes a new low or support zone break.
IF you can observe it's not breaking the RSI level of 40 on daily charts.
Which can also give us buy for Grand Father, Father and son strategy.
Keep watching the stock and keep learning.
Balkrishna CMp 2290 dated 11.8.2021Balkrishna CMp 2290 dated 11.8.2021
1. Trendline breakdown @ 2320
Sell with a tgt of 2235-2190-2155 SL 2340
It is just a view, pls trade at your own risk.
BALKRISIND Fail Brackout & Gap FormationMy View the Balkrisind Fail in the Brackout and the Gap Formation this Stock At Present No Trade.
#BalkrishnaIndustries weekly bullish momentum divergence#BalkrishnaIndustries weekly bullish momentum divergence seen. all timeframe has enough momentum to breakout. daily is trending in a channel upwords
BalkrishnaInds Breakout ViewBalkrishna Industries:
Breakout Done
Long above 2405
Support at 2350 and 2325
Balkrishna Inds - Candle Close ViewBalkrishnaInds:
Candle Close above 2370 can take it upwards, else may fall
BalkrishnaInds - May BreakoutBalkrishnaInds:
Can Break Immediate resistance
Long above 2370 with SL 2350
BALKRISHAN TO TAKE LONGStock in uptrend buying range between 2225-2240 for the first target of 2300-2350-2375 SL 2185. Once stock touch the TL buy on the green candle. This is for your educational purpose only.
Balkrishna Inds - Intra - Double Bottom Breakout viewBalkrishna inds :
Double Bottom Breakout possibility
Looks good for Intra
Long above 2350 SL 2336
alkrishna shortbalkrishna broke uptrend trendline and took resistance on trendline. It should go for a correction short term
Short Balkrishna IndustriesShort Balkrishna Industries Near 2260-2270 Stoploss 2325 Target 2110
Trendline Breakdown and Retest Structure
