1. Balkrisna IND made a Breakout of a long run parallel channel of 9 months (starting from 23rd sep 24)
2. Good volume buildup but there is price rejection from the top.
3. A possible case of fake BO if close below key support and channel @2638.
4. Analysis invalidated if the price in day candle close above 2724.
2. Good volume buildup but there is price rejection from the top.
3. A possible case of fake BO if close below key support and channel @2638.
4. Analysis invalidated if the price in day candle close above 2724.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.