BALKRISHNAIND BEARISH WEEKLY

Balkrishnaind closing 1982.65 with stoploss 2050 then targets are 1930-1850-1750.

Selling Reason.

1 --> Price make the Range and near to Breakdown.
2 --> Closing Below 20,50 EMA.
3 --> ADX is show the #Bearish move and -DMI is #Rise.
4 --> Volume is also less and below the average.
5 --> Monthly #Bollinger Bands are open in Negative Side.