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Bataindia | Ascending Triangle Breakout 🎯

Long
NSE:BATAINDIA   BATA INDIA
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β­•Day Trading opportunity ! 15 min Chart Alert !!! β­•

--Buy above =1577 or CMP
--Target = 1641
--Stop-loss = 1564
--Lot Size = 550
--R:R = 4.83
--Expected Profit = 34,000 β‚Ή per lot ( 4.02% )
--Expected Holding =5-15 day only
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β­•Technical Reasons to trade OR Strategy applied :- β­•

1) Bataindia has given the breakout of asecending triangle
2) retracement is already done ...perfect time to buy it
3) pin bar & bullish engulfing pattern
4) target is set as per the height of the pattern

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Comment:
Trade closed: target reached: