Balkrishna Industries – Downtrend resumes ?

アップデート済
Balkrishna Industries BALKRISIND failed to cross the crucial resistance around 1139 levels today.

I can see that the stock price got rejected after retracing 61.8% of the previous downmove.

Good opportunity to short here with a stop loss around 1140 levels for targets of 1082 and 1038.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
ノート
Cracked nicely !!...has given huge movement on the downside as anticipated !
ノート
Hit the final target today !!
Chart PatternsFibonacci RetracementTrend Analysis

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