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Jaybamboli

Cup & Handle formation in BALKRISHNA IND

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BALKRISHNA INDS (NSE:BALKRISIND)  
Jaybamboli  
NSE:BALKRISIND   BALKRISHNA INDS
Trend Analysis Chart Patterns Technical Indicators cupandhandlepattern swingtrading breakoutsignal
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trendanalysis chartpattern indicator cupandhandlepattern swingtrading breakoutsignal
After forming a strong base, stock is ready for breakout. A closing above 2474 can move the stock to its next resistance of 2680. Stock is also trading above its 20SMA and 50SMA. A decent gain of 8% is expected.
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