piyushrawtani
Short

BATAINDIA Short Setup Trade

NSE:BATAINDIA   BATA INDIA
BATAINDIA is moving in an upward channel and formed a small double top on hourly and broke down the neckline ,
expected to touch the bottom of the trendline .
Can go short at CMP with stop loss of 1475 and target of 1420 .
Trade closed: stop reached

Comments

Being safe, its better to short from 1465 to 1470 with a sl of 1475 for the targets of 1450/1440/1427
Reply
risk is more than reward at CMP..
Reply
@mklives, Almost 1:1 , i trade with wider stops , one can sell on rises too . = )
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out