IbankerSid

Bata India - Looks good for a short from the channel

NSE:BATAINDIA   BATA INDIA
Bata has strong resistances on the upside now. Trendline resistance, Fibonacci (at 1308) and 50SMA. Thereby a short view on BATA. Initial targets on the downside: 1290/1278.

Long view on the same: Above 1310, Bata can a strong upmove as well.
Comment: Gap up opening in the market and Bata ruled out the short. Made a high of 1325 today. Gave good instances to trade FUT on this today

Comments

No it will break out buy 🤑🤑🤑🤑🤑
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This was a good catch. Well done.
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IbankerSid LloydPereira
@LloydPereira, Thanks bruh!
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In my watchlist now. Thanks
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IbankerSid thatsmycore
@thatsmycore, Good stuff.
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Will look into it
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IbankerSid nikhilvenkataraviteja
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