STOCKMARKET360

Get Top latest market news, Stock Market Views, Stock Market Updates and analysis on stock, derivatives, commodity and IPO markets. Get all Stock market news, BSE, NSE, Sensex Nifty, world markets, Indian markets, stock recommendation, Dalal Street, Day trading, futures, options, SEBI, market news, Business and other Financial News.

BASF – TECHNICAL CHART

BASF

buy BASF above 616-18 range sl 588 target 645-685

one can have  a look at the technical chart development of BASF after breaking the trendline support stock able to make some reversal pattern on bottom side, so one more green bar can given good up move in stock.

as per rsi it able to touch the oversold zone today with green candle, and there is a development of “BULLISH DIVERGENCE”  on chart.

as per candlestick pattens we can see that there are development of “TWIZZER BOTTOM”  candle so as of now bottom is fix for stock as a support.

so if price able to move above mention level then one can buy with the support as sl.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

STOCKMARKET360 © 2017