BuyBuy at 1450 and 1400 Target 1700
Disc : I am already invested in stock. Please do your research before taking a trade based on published information.
BALKRISIND trade ideas
Balkrishna Industries on fire after breakoutBlakrishna Industries gaining momentum after bullish pattern breakout can add gains to the rally with potential tgt of 1640/1700+
[PRZ] BalkrisInd Short TradeShort Trade
Entry Range: 1414.85 - 1419
SL: 1431.9
Target: 1401,1388,1375
BALKRISIND is Making Symmetrical Triangle Pattern (Breakout TradBalkrishna Industries Limited : Tyre Manufacturing Company ( NSE:BALKRISIND ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern.
And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High.
Target and StopLoss are never already fixed in the chart pattern.
Thank you.
You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit.
Chart Published By Ravinder Sharma
BALKRISIND : BUY ABOVE 1420This stock caught my attention again. stock witnessed heavy positive volumes at resistance and if stock breaks it I think stock has potential to double from here. Buy only above 1420 with very tight stop of 1340.
above means above 1420 on hrly close.
My view only may be 100% wrong
Balkrishna Long ViewBalkrishnaInd :
Looks Can Break the Strong Resistance this time
Go long above 1416 with SL of 1390
BALKRISIND, READY FOR BREAKOUT (CHART# 313)BALKRISIND bounced from support level around 1240-50.
It has resistance around 1412-15, once crossed can move till 1450.
Thanks
Piyush Gupta
Balkrishna Industries Ltd. - DAILY CHART VIEW!!#BALKRISIND
Balkrishna Industries Ltd. closes at resistance level with good volume.
Technical indicators are bullish.
If price trades above resistance level 1415, next fibonacci resistance is 1449 and 1513 support is 50 day sma(1317) on daily chart.
BALKRISINDBALKRISIND:- 1420₹ key level for balkrishna industry 1300₹ clbs for target seen 1600₹++
INVERTED HEAD AND SHOULDER PATTERN
#Disclaimer:-I just shared view for only educational purpose.
How we traded with wave Principle Friends I am posting one more My private chart where we used wave principle method for entering
and Booked today making an Amazing Profits of 145 point per lot , which resulted an Revenue of 1,16,000 INR
I am attaching my private chart for your reference
Kindly click to see the unfolding
Thanks
BALKRISHIND : LONGStrong bullish engulfing at strong support. bond to rise with below support as stop.
Balkrishnan Industries Still it is not very clear but my opinion is that BALKRISIND is forming an double bottom pattern and may bounce back giving a strong up move,
Lets see, and hope for the best
BALKRISIND 30min WOLFW WAVEHello, this is my analysis for BALKRISIND. Not recommendation for Buy & Sell.
Time to go long in BalkrishnaInds1st Target: 1335
2nd Target: 1370
3rd Target : 1395
SL: 1267 (on closing basis)
Balakrishna Industries Buy above 1313 for Target 1350-1380-1400-Balakrishna Industries Buy above 1313 for Target 1350-1380-1400-1420-1440-1480-1555+
Or buy @ 1230-1260
SL 1220
BALKRISHNA - LOOK FOR LONGBALKRISHNA INDUS: Reversed from PRZ. Taken a good support of 0.786 Fibo. At the resistance level + 50SMA. Look for long above 1309.
SIMPLE! NO NONSENSE!
BUY BALKRISHNA IND.Buy Balkrishna Ind above 1300-1305
add More Till 1280
TGT 1320-1330-1350
CBSL 1270
NOTE - INVERTED HEAD & SHOULDER PATTERN ON 1HR CHART
A buy call in resistance zoneBALKRISIND BUY@1302, SL@1235, TARGET@1390
As the stock is in its resistance zone, conservative trader just stay away out of it.
-MOHIT RAJANI
Balkrishna industries: AnalysisKeep an eye on balkrishna industries as it is has broken inverted H&S pattern + it is at the crucial zone of support in daily time frame.
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Reason to Buy:
1) Formation of inverted H&S pattern.
2) Taking support at crucial support zone in daily time frame.
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Next Safe buying spot would be at 1287.00 levels. Stop loss should be at 1246.15 levels.
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Take trade by considering RR ratio in mind. Wait for retracement.
