NSE: BATAIndia Momentum play for 1282
Breakout momentum play for short term 1282
Trapped in range 833 to 1110 from June 20 to Jan 08
Current momentum can take stock to 1282
Possible Long above 1110 with stop loss 1088 for targets 1179, 1225, 1282 +
If momentum continues price may be pushed beyond 1282
Use stop loss and trail stop loss
Breakout momentum play for short term 1282
Trapped in range 833 to 1110 from June 20 to Jan 08
Current momentum can take stock to 1282
Possible Long above 1110 with stop loss 1088 for targets 1179, 1225, 1282 +
If momentum continues price may be pushed beyond 1282
Use stop loss and trail stop loss
Trade active:
Not able to cross 1175 still 1088 is good support.
Trade closed: target reached:
Hit target 1179 and high 1216. gain 106 points. book profit or trail.
Trade closed: target reached:
Final Target reached 1282 with high of 1283 on feb 13.
Trade closed: target reached:
Hit 1329 on Feb 25. All targets hit