Long Bata India: Volumes picking up, breaking all resistances Long

BATA INDIANSE

Description

⋅ Oct 4, 2021 3:26 AM

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!

Comments

guptaaditya24

⋅ Oct 9, 2021 5:23 PM

thats 4 days.

guptaaditya24

⋅ Oct 9, 2021 5:22 PM

went to 1978. and since it started reverse gear I exited at 1970.

guptaaditya24

⋅ Oct 9, 2021 5:21 PM

Sorry typo. it was 1837.

guptaaditya24

⋅ Oct 4, 2021 6:52 PM

Trade ON. Entered at 1237