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mludhiyani2913

Bata Long (RSI and Ratio chart)

Pembelian
BATAINDIA/NIFTY  
mludhiyani2913  
BATAINDIA/NIFTY  
Trend Analysis Technical Indicators Chart Patterns BATAINDIA bataindialong bataanalysis bataindiatrade ratiochart
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trendanalysis indicator chartpattern bataindia bataindialong bataanalysis bataindiatrade ratiochart
Analysis of Bata India on the basis of Ratio chart and Trendline

Target - 2900 (Top of trendline)

Analysis on the basis of Ratio chart shows reversal in strength of Bataindia w.r.t to NIFTY. Reversal in strength w.r.t NIFTY and channel breakout are strong signals to buy.

RSI - the RSI continuously staying above 60 further shows momentum in stocks.

Chart is self explanatory.

Please comment if not clear.
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