BATA INDIA
trading at veery strong weekly and daily resistance
made a good bearish setup on friday
look at the volume at point B,C AND E,when it touched the resistance line
it was 9L, 8.5L and 6L,the reducing vol at resistance confirms the lossof strength
same way look at the movement from point A to B and from D to E
it took only 3 weak to travel from A--B and 6 weak from D--E
same is shown in daily also
CAUTION: TRADE AT YOUR OWN RISK
trading at veery strong weekly and daily resistance
made a good bearish setup on friday
look at the volume at point B,C AND E,when it touched the resistance line
it was 9L, 8.5L and 6L,the reducing vol at resistance confirms the lossof strength
same way look at the movement from point A to B and from D to E
it took only 3 weak to travel from A--B and 6 weak from D--E
same is shown in daily also
CAUTION: TRADE AT YOUR OWN RISK