BALAKRISHNA INDUSTRIES: A 17 week long Cup with handle pattern.

BALAKRISHNA INDUSTRIES: A 17 week long Cup with handle pattern. with a cup depth of 46% and currently the CMP at the neck. If breaks we can anticipate a good move upward.

Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor

Trade attivo:

Stock on the move

Commento:

from INR 1242 on June 26th Closing to a intraday high of INR 1327. Approx 7% run

Trade chiuso: obiettivo raggiunto:

Target Achieved: A 13% run from recommended price INR 1242 to a High INR 1405