TradingView
faadoostocks
Jan 12, 2020 4:09 PM

TYRE STOCKS: There is buying seen in this tyre stock Long

NSE:BALKRISIND1D
BALKRISHNA INDSNSE

Description

⋅
Tyre stocks gaining traction BALKRISIND has given a breakout on daily charts and if there is any retracement to 980 1020 levels the biying is supported by good volumes.

CMP 1022
Accumulation zone: 970-1000 levels
SL 940
Target 1200++

Timeframe: 2-3 weeks

Comment

⋅
Booked 50% and now SL revised to 1030
Trend AnalysisTechnical Indicators
More