Bearish BAT in UPL
Short in range of 583 to 586 for target of 566 - 553
Stop Loss above 600
Technical Analysis:
The stock is in severe down trend. It has reistence of 30 days exponential moving average at 581 on daily chart and also 38.2% fibonnaci retracement at 578.55 on daily chart .
Harmonic Numbers:
1.27 AB=CD at 582.71
0.886 XA Projection at 586.6
1.61 BC Projection at 586.6
Short in range of 583 to 586 for target of 566 - 553
Stop Loss above 600
Technical Analysis:
The stock is in severe down trend. It has reistence of 30 days exponential moving average at 581 on daily chart and also 38.2% fibonnaci retracement at 578.55 on daily chart .
Harmonic Numbers:
1.27 AB=CD at 582.71
0.886 XA Projection at 586.6
1.61 BC Projection at 586.6