Stock Radar: Balkrishna Industries seeing signs of rebound; likely to retest 3000 levels

Balkrishna Industries has rebounded from Rs 2,100 levels, reclaiming key moving averages and showing a bullish breakout from a falling wedge pattern. Experts suggest the stock may rise to Rs 2,960–3,020 in 1–2 months, with support from technical indicators like RSI, MACD, and Supertrend. A breakout above the 200-DMA could further fuel upside momentum.