Bata India- breakout?

Will look to go short only with proper reversal. No shorting without reversal, remember.

Thank you.
Comment: Typing error on the chart - Blowoff*
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
looks like a last move to the top before a correction..
@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 ..
@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.
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.
@French_Fries, lol dm me please :p
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