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Suryavanshi1983

High Probability trade - Bal Krishna Industries

Short
BALKRISHNA INDS (NSE:BALKRISIND)  
Suryavanshi1983 Updated   
NSE:BALKRISIND   BALKRISHNA INDS
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Long 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.
Comment:
Breakdown but need to see stronger sell rally to enter. Waiting for Impulse.
Comment:
No Impulse seen even today with nifty falling more than 1%. No Trade for now.
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