BALKRISIND trade ideas
BALKRISIND - Weakness in the chart below 1630Hi Folks,
BALKRISIND looks bearish in a higher time frame. In above chart already Action Zones are marked. Good short position can be built below 1630.
I hope you will benefit from this knowledge
-MetaVish
BullishUp side .. But above 1668
First target 1697
Second 1715
Down side
Sell below 1645
target 1580
Balkrishna IndustriesBalkrishna Industries is consolidate between 1600 to 1700 and it has also check 1700 resistence level 2 times
If it brake this trendline or Resistence it is going to 1800 to 1900 in short time
Just my view.
Buy above 1700
SL 1675
Target 1 1800
Target 2 1850 to 1900
BALKRISNIND INTRADAY Long upper shadow kind of pattern has been formed in Daily chart.Already ran up.now pending some correction.
So stock may test 1640/1620/1600.
Stop loss 1684
Sell near 1665-1670 if it comes.
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Balkrishna Industries TRIANGLE PATTERN !! The stock has been consolidating in the triangle range from laste week , can give breakout today or can be bearish .
Buy above 1675 with target of 1710-1715
Sell below 1657 with target of 1640-1635
importance of timeframes.Passing between different timeframes before making a trading decision will give you an edge over other traders.
Long ( Continuation Pattern) This scrip is moving up all the way to Forecast Target
Any short correction on daily and if you see a Doji in this scrip buy in Cash and Book near the forecast ,
I have put up high likely pattern formation using bar pattern , One can look for it
Wait for Buy set up
Balkrishna Industries #balkrishna Above 1680 can expect a very good move of at least 2 to 300 points.
Balkrisind Intraday 30 Nov 2020In higher time frame - triangle chart pattern breakout
In lower time Frame - Price action from HH, HL and instead of making HH its failed to make it. Previous High
And its look like Triple top forming + inside channel pattern
Expecting minor Trendline breakout - deciding which side to enter trade
Balkrisind - Long on retracementWe have a short term trading Opportunity with Balkrisind. Long on retracement of price to the green line with mentioned SL and targets.
All the best Y'all!
Bull move to continue1740-1770 is the level which I am looking for . 1500 is the zone which must be protected if upmove has to continue. 1680 is the short target . I have buy position in the counter from 1282 level.
