Long Bata India: Volumes picking up, breaking all resistances

2021년 10월 4일

Hello Traders,

Bata India has moved up breaking above its all time high. With volumes picking up, we can expect it to give it a further upmove.
WIth 3:2 RR we can trade it as follows:-

My trade would be placed a follows: -

CMP: 1835
Entry price: CMP or 1835-1841.
Target: 1985
SL: 1736 (Daily closing basis)

If it opens at a lower price I would wait for Bata India to start moving up before taking an entry rather than buying at a lower price.


Happy Trading!