BATA INDIA LTDLong
BATAINDIA - Trend Line Breakout post consolidation
BATAINDIA was making lower high since Nov'21 and it has finally broken TL created through these LH today.
Best part is that it consolidated few days near TL which is always good sign.
Lets hope it gives daily closing abv 1900 tomorrow. Meanwhile this can be traded intraday.
Entry@ above 1905
Risky traders can take position at 1895
Positional carry only if closes above 1900
Positional SL & Target highlighted
Thanks
Piyush Gupta
Learn & Earn
Best part is that it consolidated few days near TL which is always good sign.
Lets hope it gives daily closing abv 1900 tomorrow. Meanwhile this can be traded intraday.
Entry@ above 1905
Risky traders can take position at 1895
Positional carry only if closes above 1900
Positional SL & Target highlighted
Thanks
Piyush Gupta
Learn & Earn
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.