📉 **BALKRISIND - Completing Correction Structure**
Balkrishna Industries is in the final stages of its correction, delineating an ABC correction structure.
📈 **Swing Trade Analysis:**
The optimal buying zone for a swing trade is identified between 2508 to 2487, with a structured stop-loss set at 2472.
💼 **Trade Metrics:**
Anticipate an attractive Risk/Reward ratio of 1:6.33. This translates to a potential return of 6% against a minimal loss of 0.95%.
🚀 **Target Price:**
The target for this swing trade is set at 2646.
🔍 **Conclusion:**
BALKRISIND's correction completion offers a promising trade opportunity. Rigorous risk management is advised.
#BALKRISIND #SwingTrading #TechnicalAnalysis #MarketInsights 📊✨
Balkrishna Industries is in the final stages of its correction, delineating an ABC correction structure.
📈 **Swing Trade Analysis:**
The optimal buying zone for a swing trade is identified between 2508 to 2487, with a structured stop-loss set at 2472.
💼 **Trade Metrics:**
Anticipate an attractive Risk/Reward ratio of 1:6.33. This translates to a potential return of 6% against a minimal loss of 0.95%.
🚀 **Target Price:**
The target for this swing trade is set at 2646.
🔍 **Conclusion:**
BALKRISIND's correction completion offers a promising trade opportunity. Rigorous risk management is advised.
#BALKRISIND #SwingTrading #TechnicalAnalysis #MarketInsights 📊✨
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.