As per my analysis, NSE:BALKRISHNA is strongly bullish and going toward 60% retracement of its downfall. Best level to take buy entry is 45 with stop loss of 39 (-6 points risk). Expected upside level would be 54 (+09), 63 (+18) & 74 (+29). This could be low risk and high reward idea. Note: This is my personal analysis, only to learn stock market behavior....
Balkrishna Industries Ltd. is engaged in the business of manufacturing and selling Off-Highway Tyres (OHT) in specialist segments such as Agricultural, Industrial and construction, Earthmovers and port, Mining, Forestry, Lawn and garden, and All-Terrain Vehicles (ATV) Tires. Balkrishna Industries Ltd CMP is 2568.55. The Negative aspects of the company are High...
#HUHTAMAKI NSE: HUHTAMAKI CMP: 220 TP: 285 SL: 185 TF: <6m RR ~ 2 times Return > 27% ORIENTPPR STARPAPER ANDHRAPAP JKPAPER BALKRISHNA WSTCSTPAPR BALLARPUR ITC GENUSPAPER PDMJEPAPER RUCHIRA MALUPAPER EMAMIPAP ASTRON Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish...
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
📊 Script: Balkrishna Industries Ltd 📊 Sector: Tyres 📊 Industry: Tyres 📈 Balkrishna Industries Ltd is giving breakout of ascending triangle on a Day time-frame. 📈 Right now RSI is around 36.
Balkrishna had dropped heavily in recent days..... However, the down move stopped and went into consolidation even though the general market was falling..... This is a possibility of short-term pullback rally.
Buy. Levels are mentioned in chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
Look for thes support zones and target will be new ATH
Above VWAP + TK cross over at 1317 + MACD Cross over. Our TGT hit in the last few days so it looks in good momentum.
Short Term Cash Buy BALKRISIND @1275.00-1280 SL 1239 TGT 1350 TK cross over + Above VWAP + MACD indicates bullish momentum so go LONG.
This stock is in consolidation. Chart is showing Short signal