LoosersBalkrishna Industries is heading downwards whereas Nifty moves upward, chances of revival is not seen in weekly charts
BALKRISIND trade ideas
BALKRISINDExpecting short term uptrend and Possible movements shown in chart.....
for every breakout of trend and resistance line we should wait for a flag and breakout of flag.....because of the possibility of big down move shown in the chart......
BALKRISIND || NEUTRAL || INTRADAYSELL below 772 SL 774
Targets 770, 768, 765, 763, 760
BALKRISIND 31OCT 760 PE (₹22)
OR
BUY above 780 SL 778
Targets 782, 785, 788, 790, 795
BALKRISIND 31OCT 780 CE (₹ 30.60)
BALKRISIND 747 || LONG || INTRADAYBuy above 747 SL 745
Targets 750, 752, 755, 760
OR
BALKRISIND 26SEPT 760 CE (₹21.40)
Looking for short below 738.5there's good trendline support..if it were to be broken..probable targets are 722
BALKRISHNA INDBALKRISHNA IND
ASCENDING CHANNEL PATTERN
ABOVE 750 WILL COMPLETE ITS CHANNEL FORMATION
&
BELOW 740 CHANNEL BREAKDOWN TILL 700/680
#balkrisind broken long downtrend @in_tradingviewNSE:BALKRISIND
Balkrisind Broke long Resistance
momentum look good
add till 740
SL 690
T 810 840 900
BalaKrishna Industries BalaKrishna Industries: Demand n Supply area identified marked in chart.
It's in down trend, only momentum trading.
