Perfect time to short BataIndia 1200 CE for 38.5 rupee premium. It noticed price rejection on Friday session of trade and may go down and test 1165/1150/1133 in short term.
Note
Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.
Note
Average your short position by Shorting 1260 CE.
For each Fibonacci support or breakouts buy 100 qty on intraday and keep doing rotation to keep the short position alive.
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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.