BATA INDIA LTDLong
BATA- long for 12%
price action sequence explained in chart .follow the numbering to understand the sequence
price moving up from cluster of EMAs
price forming a bullish inside bar above 18 day EMA
bullish engulfing bar crossing all EMAs and closing above pivot level confirming uptrend
MACD demonsatrates positive divergence
Target and SL marked
price moving up from cluster of EMAs
price forming a bullish inside bar above 18 day EMA
bullish engulfing bar crossing all EMAs and closing above pivot level confirming uptrend
MACD demonsatrates positive divergence
Target and SL marked
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