BATAINDAI seems to be sustaining above 1700, after trying to break the resistance multiple times. Good upside can be expected to be seen once the movement sustains. Stock looks good for a LONG position, with a short term Target of 1755 and a Stop Loss on Closing below 1682.5 on a daily basis.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
Trade closed: target reached:
Done and dusted in 2 days!