#bataindia watchlist stock for potential short term breakout
all timeframes are bullish in momentum and trend.
at a 2 year old major resistance zone and daily volume spikes seen that could be attempting to breakout.
momentum showing a bounce from the support on daily after range shifted from sideways to bullish
rounding bottom on daily seen.earlier june attempt...
The frypan bottom occurs when small real body candlesticks slowly move downward and then move in a neutral to upward direction. The frypan bottom pattern is complete when a bullish candlestick gaps up from the rest of the candlesticks.
Tata Steel Going sideways for few Days and now ready to give BO Trade only if stock is giving Gap up or gap Down Opening Targets...