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abhinayj

BREAKOUT IN BALKRISHNA INDUSTRIES

BALKRISHNA INDS (NSE:BALKRISIND)  
abhinayj Updated   
NSE:BALKRISIND   BALKRISHNA INDS
Oscillators Volume Candlestick Analysis balkrishnaind breakout rectanglebreak Bullish Rectangle
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oscillator volumestudies candlestick balkrishnaind breakout rectanglebreak bullishrectangle
-Govt is passing order to ban tyre imports for 3 years.
-Positive news for indan tyre companies.
-Crosses pre-covid levels with good volumes.

PLEASE SEE CHART FOR FURTHER DETAILS.
BUY IF SUSTAIN ABOVE : 1470
TARGET 1: 1570
TARGET 2: 1670
STOP LOSS : 1400

**These are my personal observations. Please trade at your own risk.**
Trade closed: stop reached
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