BALKRISHNA IND. LTDShort
Analysis for Balkrishna Industries
https://www.tradingview.com/x/SOOJGRMn/
We have a Fresh Supply formed in the left side which is a Source Supply and a Monthly Fresh Demand which is a Destination Demand.
https://www.tradingview.com/x/zxTymrvN/
Price has come into the Monthly Supply area, after reacting to the Monthly Supply, Price in Weekly chart has violated its previous low which confirms the downtrend and we have a freshly formed Weekly Supply to short into.
https://www.tradingview.com/x/HPjFCY9Q/
So we have a Weekly Supply with a 5 : 1
We have a Fresh Supply formed in the left side which is a Source Supply and a Monthly Fresh Demand which is a Destination Demand.
https://www.tradingview.com/x/zxTymrvN/
Price has come into the Monthly Supply area, after reacting to the Monthly Supply, Price in Weekly chart has violated its previous low which confirms the downtrend and we have a freshly formed Weekly Supply to short into.
https://www.tradingview.com/x/HPjFCY9Q/
So we have a Weekly Supply with a 5 : 1
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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.
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.