Published on 1/12/2020 10:16:13 AM | Source: Religare Broking Ltd

Buy Balkrishna Industries Ltd For Target Rs. 1710 - Religare Broking

Posted in Broking Firm Views - Short Term Report| #Balkrishna Industries Ltd #Trading Report #Paper Products #Religare Broking Ltd

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Derivative Ideas

BALKRISIND FUT added around 34% in open interest addition as LONG buildup was seen in it in till closing time. Current chart pattern also indicates further up move in its price. We suggest buying BALKRISIND as per below levels.

Strategy:- BUY BALKRISIND BETWEEN 1650-1657, STOPLOSS AT 1630, TARGET 1710.


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