BALKRISIND

١٤ أغسطس ٢٠٢٣

• In June, the stock gave a Triangle breakout, suggesting that the consolidation phase is likely to resume on upside.
  
• Then in July, the Monthly MACD crossed over its Trigger line, suggesting more strength in the chart.
  
• Considering past crossovers, price should witness an up-move to at least 4400 (261.8% FR), and optimistically 6100 (423.6% FR).
  
• Worst case scenario for the stock is 1690.