vijay2221989

WaterBase - Bearish

Short
BSE:WATERBASE   WATERBASE LTD
Water base is on a dwindling Descending pattern , with no supports at current levels , further support at 174-160 range, clearly bearish until it breaks the pattern and start moving up .

One can wait until either 174-184 levels to buy or it should break the descending channel .
Trade active: Stock nearing its support zone of 160 odd levels thick and fast as predicted earlier. If it breaks 160 , 120-80 definitely in sights.
Its peers Avanti feeds and Apex frozen too is falling from those levels.

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