Wednesday, April 13, 2016

Arvind Followup: Bearish Bat on 30 min chart

  • Previous close at 273.35
  • Today’s Price Action :
    • Gap-up opening at 275.1 ( gap support : 273.35-275.1)
      High made 277.1
    • Stalling action visible on 30 min chart, thus Short initiated@ 276.7( future level).
    • Look if stock tries to take support near 273.35, if goes through this level, next target is 270.

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