BALKRISIND case study on a possible fake BO

1. Balkrisna IND made a Breakout of a long run parallel channel of 9 months (starting from 23rd sep 24)

2. Good volume buildup but there is price rejection from the top.

3. A possible case of fake BO if close below key support and channel @2638.

4. Analysis invalidated if the price in day candle close above 2724.