thetradeterminal

BALKRISHAN PAPERS Upside Levels

Long
NSE:BALKRISHNA   BALKRISHNA PAPER M
As per my analysis, BALKRISHNA is strongly bullish and going toward 60% retracement of its downfall. Best level to take buy entry is 45 with stop loss of 39 (-6 points risk). Expected upside level would be 54 (+09), 63 (+18) & 74 (+29). This could be low risk and high reward idea.

Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own analysis before take any trade. Thanks.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.