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IbankerSid
Jul 17, 2020 4:13 PM

Bata India - Looks good for a short from the channel 

BATA INDIANSE

Description

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