It closed above 1620 levels, seems like it will reach 1800+ targets
udhaya0000
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@Sunny102s, 1860 possible it seems
FrankzMD
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at end of october 2022 , 50 day crossed 200 day EMA downwards. since then 18 day EMA was below 50 day and price was below 18 days till april 3rd week 2023. after that price crossed both 18,50 EMA also 18 day crossed 50 EMA upwards establish a contextual uptrend . throughout the upward journey , price was suppoted by 18 day EMA till date and it is not breached yet . tecnically BATA turned bullish a end of april .. also MACDS truned bullish at end of march 2023 itself ..
Why do expecting a big correction in this stock sir what are the main reason
udhaya0000
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@SONIA123456, it might be too early to say about this correction but I observed few points 1. doji on weekly, 2. 1590 there is resistance, 3. next support I believe it is placed near 1300 level. since this stock is correcting from the last few months, I believe it will respect the resistance, and also I observe fib retracement which mostly works, lets hope for the best. BTW thanks for commenting!
udhaya0000
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@SONIA123456, please check my above comment
Sonia-Singh
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@udhayakumars, yes sir i checked, thanks for revert