Balkrishna Industries
BALKRISIND (452) - Posted on 06th Nov. "Support 308-300,
After this post , break out happened on 26th Dec. , when it closed above 322 and afterwards it made correction and took support at the mentioned support level of 308-300 on 30th Jan.2014 ( on that date it made low 294.50 but closed at 304.70, that is closed at the mentioned support level only ) and on 11th March it attacked the mentioned upside target 417-437 and even it went up to 465 on 12th March. After a minor correction up to 415 on 14th March. and now once again moving up and closed above the mentioned upside target of 417-437.
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Now what next ?
Hurdle 456-466
But trade and stays above that
then next upside target 564-574
in between resist at 515-520