BALKRISHNA IND. LTD
Long

BALBRISHNA IND

69
🎯 Trade Plan – Positional Buy
Parameter Value
Entry ₹2,379 OR CMP
Stop Loss ₹2,193
Risk ₹186
Target ₹4555
Reward ₹2151
Risk: Reward 25.5
Last High ₹3,375
Last Low ₹2,194

🔍 Key Technical Highlights
✅ Confluence of Demand Zones (Daily + Weekly + Monthly at 2379–2193) = Strong Buy Signal.

✅ MTF & HTF Alignment: All major timeframes in clear uptrend.

✅ Fresh Zones: No violation of base, entry is at untouched zone.

✅ Strong Risk Management: SL just below structural low of ₹2,194.

✅ Massive Upside Potential: ₹7,120 could be a multi-year breakout target.

⚙️ Execution Strategy
Entry Range: ₹2,370–₹2,385 (within demand zone).

SL: ₹2,193 (below daily demand base).

Trail Strategy:

Trail SL to cost once ₹2,650 crosses.

Partial profit at ₹3,375 (last swing high).

Hold for extended targets using trailing method above ₹4,000.

⚠️ Watch For
Intraday rejection at 240M SOE (~₹2,455).

Volatility spikes near previous low of ₹2,194.

🧠 Final View:
High-quality positional trade with deep zone alignment and excellent R:R. Entry at strong institutional footprint with potential for exponential move. A+ setup.

📊 Multi-Timeframe Analysis Summary:
Timeframe Trend Demand Zone Type Zone (Proximal–Distal) Avg Price
Yearly UP BUFL 1720–1516 1618
Half-Yearly UP RBR 2724–1690 2207
Quarterly UP BUFL / RBR 2795–1690 2243
Monthly UP DMIP 2379–2193 2286
Weekly UP DMIP 2379–2193 2286
Daily UP DMIP 2264–2193 2229
60m / 180m / 240m UP DMIP/SOE ~2430–2380 range ~2400 avg

🔹 BALKRISHNA – Multi-Timeframe Trade Setup (Refined)
🔸 Trend Summary – All Timeframes: Strong Bullish
Timeframe Trend Demand Zone Type Zone (₹) Avg (₹)
Yearly UP BUFL 1720 – 1516 1618
Half-Yearly UP RBR 2724 – 1690 2207
Quarterly UP BUFL / RBR 2795 – 1690 2243
Monthly UP DMIP 2379 – 2193 2286
Weekly UP DMIP 2379 – 2193 2286
Daily UP DMIP 2264 – 2193 2229
Intraday (60/180/240m) UP SOE / DMIP 2383 – 2457 2400

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