BALKRISHNA IND. LTD
Short
Updated

High Probability trade - Bal Krishna Industries

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.
Note
Breakdown but need to see stronger sell rally to enter. Waiting for Impulse.
Note
No Impulse seen even today with nifty falling more than 1%. No Trade for now.

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