bata India symmetrical triangle pattern

2024년 1월 28일

- symmetrical triangle pattern has formed in Weely chart
- yearly narrow range stock
- ema crossover has done and bearish engulfing candle has formed
- if break the lower trend line stock may fall further
- but at present the stock is trading at this year support level (S1) so, there is some chance to get trend reversal and to become bearish mode.
- watch the stock and consider according to it

It is just a view, please trade at your own risk. I'm not SEBI registered adviser.

2024년 1월 29일

노트

29.01.2024
- touched the trendline and bounce back.
- this year S1 (1432) playing good support at present

2024년 2월 10일

노트

if fall below S1 it may fall further

2024년 2월 10일

노트

EMA Crossover done and formed 3 black crow candle which indicate bearish trend.
(jan 1st, 8th and 15 candle)