Keep the stock on radar for probable upside price move basis testing Support Zone and Falling Resistance Trendline
Balkrishna Inds cmp 2669.95 by Daily Chart view
- Support Zone at 2605 to 2650 Price Band
- Resistance Zone at 2890 to 2955 Price Band
- Stock Price seems to be testing and retesting the Support Zone since early January 2025
- 02 nos Gap Up opening of May 2024 and 01 Gap Down opening of Aug 2024 are been filled up
- 01 Gap Down Opening after ATH profit booking is yet to be filled up and will happen in near future
- Falling Resistance Trendline was cushioning an upwards Price move but seems it is been tested again
Balkrishna Inds cmp 2669.95 by Daily Chart view
- Support Zone at 2605 to 2650 Price Band
- Resistance Zone at 2890 to 2955 Price Band
- Stock Price seems to be testing and retesting the Support Zone since early January 2025
- 02 nos Gap Up opening of May 2024 and 01 Gap Down opening of Aug 2024 are been filled up
- 01 Gap Down Opening after ATH profit booking is yet to be filled up and will happen in near future
- Falling Resistance Trendline was cushioning an upwards Price move but seems it is been tested again
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