BALKRISIND trade ideas
TRADE # 889 SAN. FLAT CORRECTION POSSIBILITYDisclaimer:
Trading is risky. Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid.
228.PA. PDivergence. Disclaimer: Set-up shown here is only for Educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA) or static analysis for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on real-time Active Analysis (AA) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, news, major economic data release etc may impact the deviation from the assumed scenarios.
High Probability trade - Bal Krishna IndustriesLong Term trend Changed to downtrend. Broke and retest the channel. Now at a price point which will act as a resistance from long term trendline, along with a medium term trendline. Expecting a breakdown of the support.
Supertrend v3 with Alerts & EMA on high and low basisThis is modified script for Supertrend with Alerts and EMA for lows and high
Balkrishna IndustriesCurrent price action looks similar to what happened in February 2018. Price is at previous interim peak resistance, so chances are there for a correction. Short for an initial target of 1100 and second target of 1070, stop loss day's high.
BalKrishna Industries LongIntraday view - Buy Balkrishna Industries if the high of the Doji is broken tomorrow market time keeping low of the Doji as a stop loss.
Positional view - Buy Balkrishna Industries at the end of the market (15:15 - 15:30) if you see it is ending as green that day. Green candle post doji gives confirmation.
Risk: Reward - 1: 2.5
TSL Levels are easily explainable in the charts.
Stop loss is on closing basis i.e. book the loss if the price stays below the stop loss on the verge of market closing. (Tip: Just check after 15 mins before market closing i.e. 15:15)
balkrishna industries buy setup20 EMA personality
Long , mid and short term uptrend indicating bullishness
Tweezer bottom on 20 EMA and entry achieved at 1192
Target 1246 - 1277
cbsl 1130
Balkrishna Ind - LongHT HB formation
Possible Higher Bottom as hammer is formed at 50% fib retracement. Wait till EOD
The short term EMA's tend to bunch and flare forming a new higher high
One can go long above high of hammer or wait for it to enter the daily demand zone.
