BALKRISHNA BEARISH
Balkrishnaind closing 1961.5 with stoploss 2006 then targets are 1747.
Selling Reason.
1 --> Price break the range box in downside.
2 --> All Ema breaks and price closing below.
3 --> RSI is Break 40.
4 --> ADX is show the Bearish move start and -DMI is rise and also ADX line is give support to the trend.
5 --> Bollinger Bands are open in downside and also ride on the lower band.
Selling Reason.
1 --> Price break the range box in downside.
2 --> All Ema breaks and price closing below.
3 --> RSI is Break 40.
4 --> ADX is show the Bearish move start and -DMI is rise and also ADX line is give support to the trend.
5 --> Bollinger Bands are open in downside and also ride on the lower band.
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