Balakrishna Industries was in the consolidation face and if the script moves above the parallel channel and closes in 1hr time frame we can go for Long.
For Risky Traders - Already a Triangle pattern was formed with in the channel. If that triangle pattern is closed above go for Long.
SL - 2155 (Closes below in the 1hr TF).
Regards, Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.