📝 In this educational technical analysis, I would like to discuss BALKRISIND. Understanding key technical terms and patterns, such as pennants and ascending triangles, can help new traders identify potential trade setups. Remember, I am not a SEBI registered analyst, and this analysis is solely for educational purposes. BALKRISIND experienced a bull run from...
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...
JKTYRE 278 TGT 325 SL 250 RR > 1.8 TF < 6M RETURN > 17% NSE:JKTYRE Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge...
balkrisind upcoming destination 1830-2000 with upside capped 2450-2540 & 2640-2730 in wcb. views negated closing above 2750-2800 wcb.
#BALKRISIND is currently trading near a resistance area, with a possible breakout above 2160+ closing. If the breakout occurs, the price could fill the upper gap space and reach targets of 2263, 2333, and 2433. Traders should keep a close eye on #BALKRISIND and look for confirmation of the breakout before entering a long position. If the breakout fails, the price...
Balakrisind breakout in downtrend channel and sustained with strong closing both price action and our Trading system in buy mode with defined entry sl target best for intraday pick.Already grabed 20K in 1900 ce nov month. now moving to December month all levels shared for education purpose only.we are not sebi registered
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...
This was after, 4x up 650 in Mar'20 to 2650 in Sep'21 Plan ahead to Purchase Breakout above 2400 or, rejection indications near 1600 PB 5x PE 26x ROCE 24% Div 1.4%
consider balkrishna ind in your analysis i would suggest buying on breakout trgts are also big so keep eye
In Balkrisind Looking a very beautiful Cup & Handle Pattern.If it sustain above 2162 target looking 2210-2220-2300++.We will use SL 2120.Keeping on radar Balkrisind 2200 CE April Series.
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
Hello Traders! Let understand the behaviour of price movement, if we look at the BALKRISIND, it has faces almost 3 times resistance b/w the price 1725-50 at higher side and 1500-1535 on the lower side, but today it has been broken the range with the huge volume and MACD, RSI & 20 DEMA also supporting the price movement to go further higher till the level 2000...
Notice..there is a good chance of Breakout above 1415!!
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.
Please do your own research before trading or investing.
BALKRISIND - > Looking at chart, we can see continuous higher and high's and higher lows from past couple of trading sessions and strong bluish candle yesterday Currently at strong resistance level. Need to break this to give good upside .. however considering the strong resistance we do have two trading possibilities Incase if breaks trend line, above 1045...
as per chart