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Is this a Breakout after long consolidation ?
BATA INDIA LTD
Long
Is this a Breakout after long consolidation ?
By Tradeforce_tf
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Updated
May 27, 2021
1
May 16, 2021
Breakout with volume after long consolidation.
If candle closes above this resistance and breaks the confirmation level, we can see all time high.
RSI is above 55 & opposes the consolidation.
May 27, 2021
Trade active
Target 2 achieved.
10 % upside movement in 8 days since captured.
Jun 7, 2021
Trade closed: target reached
All targets achieved in just 14 trading sessions.
More than 15% rally since captured.
Support and Resistance
Trend Analysis
Trend Lines
Tradeforce_tf
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