praveen.bhatiya

Action/Reaction Bollinger Band Setup

Short
NSE:BATAINDIA   BATA INDIA
AR set is suggesting that price has reached the level where one can expect a reaction. We have seen bearish engulfing exactly at the level thus one can short the stock with SL of recent high. Price expectation 740/700.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed manually

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.