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BASF INDIA LTD
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BASF Bullish Div - Ready for Small Bounce

Oleh Div_Trader
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BASF chart shows Bullish Divergence on 1D and 4H. Price are currently at Support level so this kind of setup demands for a small bounce from here.

For Long term, More down side Possible.
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Stock saw 3% bounce from support and yet again back to support.

RSI still indicates bullish. If support holds, Stock may see 10% bounce to 1700.

If support fails to hold, Next Support is at 1470, 1400 and 1290.
Bullish DivergenceTechnical Indicators
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