Charts analyzed on a daily timeframe. 1) Reversal pattern of falling wedge. 2) Has broken the upper trendline with good volume. 3) Has broken a major resistance at 3035. 4) R:R of 3.75:1 5) TECHNICALS showing a very bullish momentum. Interested ones can go long now.
1) Inverted H&S pattern formation. 2) Closing price above the upper trendline with good volume. 3) Wedge breakout. Interested ones can take long positions above 213.
Charts have been analyzed on a dailytime frame. An H&S Pattern with a flag indicating a strong bearish trend in BATAIND. Interested ones can go short on the stock below 1435. The target set at 1375 is a fibonacci level. Happy learning.