T_Harth

BATA India Mean Reversion Setup

Long
NSE:BATAINDIA   BATA INDIA
[29th May, 2020, Friday EOD Analysis]

- Self explanatory & Annotated Chart
- Key Levels are Marked
- Enter at BO level @ 1340
- Exit at Target level @ 1445 , approx 7-8% upside
- Time Frame is few Days
- Stop Loss level for Risk as per your choice also mentioned
- High probability setup based on AVWAP Study + Multi Time Frame + Pattern + RSI
- Stock is Bullish on all time frames for a Mean Reversion (am not posting charts of other time frames but have a look for yourself)

Good Luck :)

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Trade closed: target reached