Ultimate_Trading_System

Bata India: Poised for a fall

Short
NSE:BATAINDIA   BATA INDIA
Bata india broke the channel and has retested it! How do we know it is a retest, well one the channel now is getting rejected and 2. that there is a bearish divergence in the 60 min chart at these prices which suggests a fall!

Comment:
Broken the supporting channel! good luck!

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