Analysis for Balkrishna Industries

https://www.tradingview.com/x/SOOJGRMn/

We have a Fresh Supply formed in the left side which is a Source Supply and a Monthly Fresh Demand which is a Destination Demand.

https://www.tradingview.com/x/zxTymrvN/

Price has come into the Monthly Supply area, after reacting to the Monthly Supply, Price in Weekly chart has violated its previous low which confirms the downtrend and we have a freshly formed Weekly Supply to short into.

https://www.tradingview.com/x/HPjFCY9Q/

So we have a Weekly Supply with a 5 : 1