Abhijit_Paul

BATAINDIA: Game of Divergences

Education
NSE:BATAINDIA   BATA INDIA
BATAINDIA is nicely stuck in between a set of classical reversal divergences at the top (red arrows) and with every low it confirms a positive hidden divergence or positive reversals (green arrows). Closing price at the erstwhile highs act as a good source of support, and as long as this holds one can expect a positive momentum. A break above recent high of 865, and we'll have the classical divergence negated for further upsides.

Trade Well. Trade Wise.
Whatsapp - wa.me/919836947400
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.