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Balkrishna Industries

Discussion in 'Technical Analysis' started by praveenbkec, Jun 11, 2014.

  1. praveenbkec

    praveenbkec Member

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    Hi All,

    This stock is up from past six months, can we enter this for the target of 750+ with SL 560

    Please share your views.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes but only issue is SL is too steep for ROI but then it looks good breakout above 600 and is being maintained.

    I would wait to see some red candles and consolidation above 600