yogi_sharma_elliottician
Short

Bata India- breakout?

NSE:BATAINDIA   BATA INDIA
Will look to go short only with proper reversal. No shorting without reversal, remember.

Thank you.
Feb 13
Comment: Typing error on the chart - Blowoff*
Feb 13
Comment: look for the upside possibility on the comment section
yogi_sharma_elliottician yogi_sharma_elliottician
@yogi_sharma_elliottician, the upside is limited, it can move down little bit and make new high towards 1300 and if moves above 1330 can be the target, will only look for reversal
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looks like a last move to the top before a correction..
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@mklives, much possible, I will wait for the turn.
+1 Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, noticed something on the longer term chart the last two times it had this kinda of voulme breakout it moved around 200 rupees each time and formed a top.. 620 to 820s and 912 t0 1117. doesnt have to repeat but that can be a clue ..
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@mklives, What has been will be again, what has been done will be done again; there is nothing new under the sun. Thanks, will look at this.
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Visitors to this tread please considers OPs advice for reversal. Else this stock might eat your car alive without a burp. DM me if you want to know about how it could this stock cannabalize your car.
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@French_Fries, lol dm me please :p
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