vaibhav14476

Bull wedge.

Long
NSE:BATAINDIA   BATA INDIA
Bull wedge on hourly chart. 1,2,3,4,5 done. Expect min tgt of 1600 after breakout. Please note that ... there is no H & S on daily chart . It already ends on 11th Feb. It proves failed pattern because today is 25th feb and price is above neckline. so wait for breakout and enjoy.
Comment: price feiled to give upward breakout but it is still in the pattern. pRICE TOOK SUPPORT near supportline. If goes downward .... the pattern will fail but if start upward move ..... then only resistance will be resistance line of the pattern.
Comment: price went down but took support from supportline & now it is near resistance line. Above 1480 .... price will start upward breakout attempt.
Comment: upward breakout is there.

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