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SafeTrader1976
Aug 12, 2019 2:03 PM

Bata - At Resistance Zone. Short

BATA INDIANSE

Description

At Resistance Zone.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.

Trade closed: stop reached

Comments
knishit1977
it is at weekly support zone and showing rejection from below. That rejection is looking as a resistance in daily. Heikin Ashi is not showing any redness in daily. So in my view, we can wait few more days. But best entry will be long, after daily rsi will be at lower part of bullish zone. If weekly is at support, it is not wise to enter short. Thanks.
SafeTrader1976
@knishit1977, Ok. If possible please share ur chart for learning purpose. Thanks
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