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JK CEMENT BAT PATTERN - TGT 3815-3634
1 BAT Pattern under formation on weekly chart
2. RSI on daily fallen below 40
Pattern fails if price sustains above 4000 on weekly closing basis or closes above 4250
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
2. RSI on daily fallen below 40
Pattern fails if price sustains above 4000 on weekly closing basis or closes above 4250
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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