Balkrishna Paper Mills Limited Bullish.Balkrishna Paper Mills Limited Bullish As RSI Bullish Divergence and price consolidating between supports if price retraces to somewhere near 24.0 Buy with SL and TP as depicted.
BALKRISHNA trade ideas
BALKRISHNA- AnalysisBullish Levels -Day closing above 29 to 31, safe entry above 47 or 52
Long term major expected target :- 177 to 202 , 252 to 277
Intermittency targets :- 77, 102, 127, 152
Bearish Level - Below 14
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Balkrishnan Papers - retesting ...
Hello All,
Apologies, I was banned by moderators, guess my Ban is over now and posting new ideas... The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Targets are mentioned in charts (either red lines or balck lines), keep Stop Loss as per your risk..
If you like my Idea, Don't forget to Boost and comment on my Analysis..
Have a profitable year ahead
Gautam Khanna
Technical Analyst by Passion :-)
BALKRISHAN PAPERS Upside LevelsAs per my analysis, NSE:BALKRISHNA is strongly bullish and going toward 60% retracement of its downfall. Best level to take buy entry is 45 with stop loss of 39 (-6 points risk). Expected upside level would be 54 (+09), 63 (+18) & 74 (+29). This could be low risk and high reward idea.
Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis before take any trade. Thanks.
Balkrishna Paper - Short Term TradeBalkrishna Paper Ind: CMP : 29
Target 1: 32
Target 2: 36
Stop Loss: Below 26
Trade according to your risk
Balkrishna Paper Mills LimitedTrading IDEA Balkrishna Paper Mills Limited
TImeFRame Daily
Technical Bullsih Engulfing
Segment CASH
BUY PRICE 17-19
TRGT 23
