#BATAINDIA short term spiked price increase momentum phasing out

٤ أبريل ٢٠١٧

One can expect the price to see a correction of atleast 5% in the coming days after a sudden spike in price by almost 37% in a little over 3 months.

RSI on daily chart indicates that it is in overbought territory and the overall trend is downwards as well after the price peaked in early 2015.