Stock trading in downtrend regression pattern & gave a beautiful trend reversal signal with MORNING STAR PATTERN .
seems further buyer will take completely control .
for me it will touch 544 soon .
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Bata seems to much weak.
1- Falling in lower low , lower high forment .
2- Double top pattern neak line break down .
3- Trading below 20 DMA
4- fibonacci retracement 61 , 78 levels break down .
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* Stock seems to much weak
1- Continue Falling in Lower low , Lower high forment .
2- Double Top pattern neck line break down .
3- Trend line also indicating stock can touch 500 levels for resume its trend .
4 -In most of case stock/Index retest its gap up/down opening .