Balkrisind- Cup and Handle Patern#BALKSRISIND NSE:BALKRISIND has just given breakout in Cup and Handle pattern and now stock trying to move toward levels 1328 to 1400 and there support at level 1210 to 1178.
BALKRISIND trade ideas
Bakkrishna Bakkrishna after breakout on daily chart, see how chart forms same patterns again and again. "Big move then small consolidation" this repeats.
Bearish Butterfly Bearish Butterfly @Short 1352 *** if stocks sustain at the price 1352 till 15 to 20 minutes don't take the trade may be uptrend is more if it starts falling means TG1 1269
BALKRISHNAIND Longstock is currently in uptrend so when it made a swing low in daily then its more confirmation of uptrend . enter when ORB triggers in upside with stop loss at 1221 with a target of 1273 if daily candle closes above today's close then go positional
#BALKRISHNA IND : RISK FREE ABOVE 1220 FOR 1250-1255 ALSO#BALKRISHNA IND CASH
23 JULY 2018
LOOKS GOOD ABOVE 1208 FOR 1217-1220/1232/1250-1255
RISK FREE ABOVE 1220 FOR 1250-1255 SL 1198
CMP 1199
Balkrishind- Triangle Pattern#BAKRISHIND trading in triangle pattern and now stock looking toward downside support level that is 11% far from current market price if stock continues current trend then stock can move toward 1158. There is resistance level at 1220 to 1250 if stock close above these levels then stock can move upside and that will be non stop move toward 1500-1900++. Watch levels perfectly and trade according to chart patterns.
Balkrishna Industry Aggressive Reversal Bet - Monday IntradayLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Balkrishna Industries – Downtrend resumes ?Balkrishna Industries NSE:BALKRISIND failed to cross the crucial resistance around 1139 levels today.
I can see that the stock price got rejected after retracing 61.8% of the previous downmove.
Good opportunity to short here with a stop loss around 1140 levels for targets of 1082 and 1038.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Balkrishna Ind - LongThe price is getting rejected from the demand zone and 200 ema.
Buy - 1082 - 1090
CBSL - 1042
Target - 1195
below 1288 , balkrishna ......????? i am bearsih on the stock and would like to go short with proper stop loss and entry and exit levels /.
Balkrishna IndustriesThe stock has given a triangle break out on the line as well as the candlestick chart supported by good volumes! Some more strength can be seen coming.
Action/Reaction BuyThe stock has broken beautiful center line which could be used for making a Action/Reaction set as explained by Andrews. Today's spike could be due to high volatility in the opening session. Demand is seen at that level. RSI reading above 50 is also confirming the decision so one can go long with following Entry/SL/Target.
Entry 1145
Sl 1105
Target 1225 - 1250
Risk/Reward 2 for the lowest target
Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.
#BALKRISINDRetracing from near 61.8 fibo
levels with strength
Reversal confirmation with 2 BH > 50%CH
Gapup
TGC with strength
Resistence/Target 1273 / 1450
SL 1095
BALKRISIND long based on SWING high breakoutBALKRISIND long based on SWING high breakout.
Keep updating TSL as low of previous day candle .
Weak Price action hard moves aheadThis stock has made big run form 2016 to till date and now its running out of steam , it can have a very narrow run left but surely
its on Cliff
Regards
