Balkrishnaind underperform time to firecurrently trading @2322 its very attractive level on weekly time frame.
if you will notice it on 30 mini time frame its small channel
i am expecting target of 2600 within 8-10 days , with SL 2296
i will update this idea time to time
Balkrishna Industries Ltd. (BKT) is an Indian company that specializes in the manufacturing of off-highway tires. Founded in 1987, Balkrishna Industries has its headquarters in Mumbai, Maharashtra, India. The company primarily produces tires for agricultural, industrial, construction, and mining vehicles and equipment.
BKT has a wide range of tire products, including radial and bias tires for various applications. They offer tires for tractors, trailers, trucks, earthmoving equipment, mining vehicles, and other specialized vehicles used in different industries. BKT's tires are known for their durability, performance, and reliability, and they are used globally in many countries.
Over the years, Balkrishna Industries has experienced significant growth and has become one of the leading players in the global off-highway tire market. The company exports its products to more than 130 countries and has a strong presence in both developed and emerging markets.
Please note that my knowledge cutoff is in September 2021, so there may have been some developments or changes in Balkrishna Industries since then.
