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piyushrawtani
Apr 26, 2019 12:27 PM
BATAINDIA Short Setup Trade
Short
NSE:BATAINDIA
60
BATA INDIA
NSE
Description
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Apr 26, 2019 12:27 PM
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
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May 4, 2019 10:25 AM
Trend Analysis
Chart Patterns
BATAINDIA
Comments
ShreeGanesh_1991
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Apr 26, 2019 9:21 PM
Being safe, its better to short from 1465 to 1470 with a sl of 1475 for the targets of 1450/1440/1427
mklives
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Apr 26, 2019 12:47 PM
risk is more than reward at CMP..
piyushrawtani
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Apr 26, 2019 12:52 PM
@mklives
, Almost 1:1 , i trade with wider stops , one can sell on rises too . = )
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