Search
Products
Community
Markets
News
Brokers
More
IN
Cyber Monday sale
Up to 70% OFF
Community
/
Ideas
/
Best swing trade idea on BATA INDIA
BATA INDIA LTD
Long
Best swing trade idea on BATA INDIA
By FiveCircles
Follow
Follow
May 28
3
May 28
BATA INDIA has fallen 40% from highs !!
Stock has always given correction around 40 to 45% in past
Right now 40% correction is done and if stock fallen more 5% from hereon then support is coming around 1220-1260 levels.
Stock has broken its medium term support which was working from 2019
But stock is also making falling channel and it is working properly.
So if anyone is interested in a stock for a long term then should not of 5-6% correction from here and should start accumulating from these levels.
Also this is best swing trade idea for 30-40% upside from current levels.
Thank You !!
BATAINDIA
channelbreak
Chart Patterns
Falling Wedge
Technical Indicators
pattern
patterntrading
support
supportandresistancezones
swingtrading
Trend Analysis
FiveCircles
Follow
@RahulSaraoge
Connect us at
t.me/Fivecirclesofficial
Also on:
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
.