Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions. Reasons to Buy: __________________________ 1. A good breakout with HH, HL formation out of a Triangle pattern. 2. Stock consolidating at higher levels. 3. Lows are being protected in this consolidation. Entry : CMP SL : 2513 Target...
NSE: BALKRISIND is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on...
BKT Bulish Pattern Trend line Breakout Price 2400 Fundamentals Strong ROE 13.44% EPS 56
BALKRISHNA INDS may be give 6 percentage Profit, This post not recommended, only for Educational purposes.
Go long with a strict stoploss of 2300 and target price 2680. This is my personal trade setup don't copy. (Before taking any trade plz consult with your financial advisor)
The channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades, as well as controlling risk. The first step is to learn how to identify channels. The next steps include determining where and when to enter a trade, where to place stop-loss orders,...
In June, the stock gave a Triangle breakout, suggesting that the consolidation phase is likely to resume on upside. Then in July, the Monthly MACD crossed over its Trigger line, suggesting more strength in the chart. Considering past crossovers, price should witness an up-move to at least 4400 (261.8% FR), and optimistically 6100 (423.6% FR). Worst case...
Balkrishna Industries have broken the traingle pattern. It has completed wave 1 and is doing corrective wave 2 which can end somewhere around 2320-2200..Frome there it can show a fast and long rally
Observed selling pressure @ 2505 price level. Observed shift in Market Structure. In my View selling looks good.
INTRADAY TRADE BALKRISHNA Looking good for upside.. When it break level 2488 and sustain.. it will go upside... BUY@ 2488 Target 1st 2508 2nd 2531 BALKRISHNA JUL FUT – 6 LOT (Qty-1800) Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome..
Balkrishna industries coming out from a range box good volume ,trading above 20ema educational idea only
Keep tracking .. looks good on EMA as well as on trend line resistance.
In the Weekly Chart of BALKRISIND , we can see that, after the Breakout & Failure, it is now snow momentum in upward direction. Expected momentums are shown in chart.
#BALKRISHNA IND CASH -Positional for 3 days 10.07.2023 Looks good sell on rise at 2315-2325 Stoploss 2365 Target 2235/2180 Cmp 2291
Balkrishna Inds Nice "W" pattern. Breakout & Retest confirmed ✅. Can head for a potential target of 2800 ~ 3000 🎯 . Simple and clean setup for 🚀🚀 My Observations ✍️✍️
BALKRISHNA IND CMP- 2418 SL-2324 TG- 2480/2650/2750 . . . . . . . . This level is only for education purpose.
BALKRISIND has given triangle pattern breakout at 2250 levels with good volumes. After breakout, it has retested 2250 level and holding the support levels. It is good zone for buy with good risk reward. Target: 3200 in 4-6 months timeframe. SL: Daily candle close below 2220 levels.
BALKRISHNA INDUSTRIES Key highlights: 💡⚡ ✅On 1Day Time Frame Stock Showing Breakout of Falling wedge Pattern . ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 2430+. ✅Can Go Long in this stock by placing a stop loss below 2345-.