BATAINDIA
BATAINDIA!! swing trading !!
!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
!! all views for educational purpose, trade at your own risk !!
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Bata india in Triangle patternAs per chart bata india share trading in triangle pattern. lets wait for the any movement either side of the triangle. Good results can be seen.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
#Bataindia is heading for 1870, 1890, 1910, 1930, SL 1745. (Cash#Bataindia is heading for 1870, 1890, 1910, 1930, SL 1745. (Cash and Positional)
Twitter = @andibhatt
Please note that the q3 result is pending on 06th February 2020.
1. All levels are given in cash.
2. Calls are positional.
3. Positional means 2 to 4 weeks' time.
4. Always follow Stop Loss.
Tweets are for educational purposes, Not recommending anything to anyone. Just watch levels. Levels are in CASH. Buy or sell calls will be only triggered above the mentioned levels. Just Follow levels.
Synergistic Pattern: Advance pattern (W+Channel) + EMA 200Levels are mentioned on chart.
Please like & share this pattern. Comment with what do you think.
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Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Bata buy side possibility on higher side.On monthly and weekly chart formation of Triangle pattern is created & Wait for this to break out or breakdown will get good results on either side. but more likely to stock move in the upward direction as the stock is above 50 EMA on monthly trend. As we need to catch the trend. There is small correction level currently in the stock. So add the stock list in your watch-list for booming breakout. yes breakdown will give result but less then the breakout.