Hi Guys,
Balakrishna Industries was in the consolidation face and if the script moves above the parallel channel and closes in 1hr time frame we can go for Long.
For Risky Traders - Already a Triangle pattern was formed with in the channel. If that triangle pattern is closed above go for Long.
SL - 2155 (Closes below in the 1hr TF).
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.
Balakrishna Industries was in the consolidation face and if the script moves above the parallel channel and closes in 1hr time frame we can go for Long.
For Risky Traders - Already a Triangle pattern was formed with in the channel. If that triangle pattern is closed above go for Long.
SL - 2155 (Closes below in the 1hr TF).
Regards,
Thenali Views
Disclaimer: Kindly do your own analysis before executing the trade.