vinaysraj

NSE:BATAINDIA is sitting on a critical trendline support

NSE:BATAINDIA   BATA INDIA
NSE:BATAINDIA is basically on a trendline taking support at the moment that extends from June 2019 highs to today. This is a critical prize zone for BATAINDIA . Any closes below the trendline on a daily basis will signal a Sell/Short and a strong bounce will a candlestick pattern like a bullish engulfing will signal a low risk Buy with the Stop loss being below the swing low.
Trade active: Sell/short activated. 2% down since breaking the trendline.
Ideas for educational purposes only.

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