Balkrishna Industries Positional View !

BALKRISIND : cmp : 2323.4
A falling supply trendline breakout done near 2287-2300 zone.
Good base formed near 2180-2200 lvl . So downside limited.
Making higher highs for 3 days.
RSI & MFI trending up.

Accumulation zone : 2280-2320
profit booking zone may be 2417 - 2527
Sl 2276 Dclbs/According to your risk appetite.

Positional TGT 2800+
SL 2176 Dclbs

Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.

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