sell balkrishna indus 2305@ tgt 2230 expectsell balkrishna indus 2305@ tgt 2230 expect keep tight sl 2339 ye looks trend line breakout on bear mode so sell on with sl tight sl
BALKRISINDN2024 trade ideas
Balkrishna back to bull trendBalkrishna is making a bullish reversal
expecting 2300 plus by first week of Jan
keep stop loss as 1880 on closing basis
BALKRISINDBALKRISIND - short
Analysis done on daily time frame.
Bullish M (BAT) harmonic pattern formation.
#BALKRISIND buy possible#BALKRISIND today trading our retracement area 2060-2080
we can go buy@2070 and short term tgt 2257 and long term tgt 2352
once break our support level, it will move big low in
comming trading session.
Buy Setup on BalKrisIndBuy Setup on BalkrisInd. Its at all time high and may rise further up.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
Exit/ Short Sell Signal on BalKrisIndBalKrisInd seems to be exhausted at higher levels and may be ready for a correction. To take advantage of correction and counter trend swing, Short Sell BalKrisInd Strictly Below 2280 with SL 2295. Target open.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
BALKRISIND POSITIONAL VIEW BASIS PRICE ACTIONNSE:BALKRISIND
Fake Out followed by Huge selling seen on 9 Feb
The resistance zone is shifting lower indicating higher presence of sellers
The Trendline is the first line of defence followed by the last support in the range of 1509-1529
TWO Possible trading setup's basis the trading style
A]Breakdown or breakdown and retest of support turned resistance (1509-1529) would trigger SELL
B] Breakdown of Trendline and/or Retest of Trendline
Stop Loss would be above 1653
Targets as indicated in Charts
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Balkrishnaind Future repeat BuyNew TGT may be 1504/1520
SL 1441
Three tgt 1416/1430/1460 of previous idea achieved.
Disclaimer: Ideas for learning Only.
keep an eye on BalkrisnaindAfter a good correction it may go upwards.
Tgt 1416/1430
SL1330
Disclaimer: Ideas for learning Only.
