Bata India possible Breakout with Cup & Handle Pattern
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.