Bata India possible Breakout with Cup & Handle Pattern
Updated
Bata India potencial breakout at 1568.40 after a Cup and handle pattern.
SL: Daily close under 1507
Target 1: around 1657
Target 2: around 1736 (matches with the high of the cup + S&R level from Nov/Dec 2022)
SL: Daily close under 1507
Target 1: around 1657
Target 2: around 1736 (matches with the high of the cup + S&R level from Nov/Dec 2022)
Trade active
Picking up after consolidation. holdTrade active
Target 1 achieved. Conservative traders can book partial profit.Hold and update the trailing SL to 1620
Trade closed: target reached
Target achieved and trade closed
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