9/10/2011 01:06:00 PM


BATAINDIA :- CMP – 689.45
BATAINDIA STOCK HAS BROKEN SYMETRICAL TRIANGLE AND HAS TURNED IN SHORT TERM DOWNTREND WITH IMMIDIATE TARGETS OF  655 AND FURTHER IT CAN DRIFT TO 620 LEVELS ALSO ALSO SHORT TERM WEAKNESS IS SEEN FROM THE MACD ALSO WEEKLY MACD IS SHOWING NEGATIVE DIVERGENCE FROM OVERBOUGHT ZONE
ONE CAN SHORT THE STOCK WITH STOPLOSS OF 729