Technical Analysis of BATBC

Welcome back dear All,

Here is the Technical analysis of BATBC on 31.03.2011

Script: BATBC

Candlestick : Long Green Line (Sign of uptrend)

Previous Candlestick : Piercing Line (Early indication of a strong uptrend )

Volume : Bullish

VOLUME ANALYSIS COMMENTARY:

The previous bar was a successful Test of supply. The current bar is an up bar with higher volume. This confirms strength. The previous bar was a successful Test of supply. The current bar is an up bar with higher volume. This confirms strength.

EMA Crossover : Just crossed (As per my own trade setup)

Stock RSI :100

Stochastic Crossover : %D : 22.97 %K : 24.42

Acc/Dist : Accumulation

MFI : Positive

Please note that I personally don’t provoke anyone to BUY or SELL any stock. Decision of entry or exit is yours, not mine. Similarly gain or loss whichever comes from your investment is yours, and not mine!

Take Care

ENGLISH LAB * SSC * HSC * DEGREE * SPOKEN 40 CEMETERY ROAD,KHULNA

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