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SafeTrader1976
26 de Ago de 2018 11:56

Balkrishna Ind - Channel. Viés de baixa

BALKRISHNA INDSNSE

Descrição

During Year 2018, stock is nicely moving in upward channel. Every time its took
support near lower line of Channel & manage to bounce till 127.2% of previous down fall.
After that took resistance near 127.2% & falling till minumum 78.6% of upmove.
This time again stock has taken resistance @ 127.2% of last down move & fallen.
Will History Repeat ?
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.

Trade ativo

Trade fechado: stop atingido

Comentários
aruntv2020
You were right boss!
SafeTrader1976
@aruntv2020, Thanks.
WaveTalks
Yes, Most Likely History can repeat if recent high@1438 is intact. Thanks for sharing
SafeTrader1976
@AbhishekHSinghCMT, Thanks Sir.
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