BATAINDIA has seen Trendline breakout on 4-hourly time Frame Chart and Looks very bullish, I am Looking to Buy BATAINDIA in Cash Segment around Current Price 1880- 1883 For the Targets of 2000/2100 And Stoploss 1770 (Time Horizon 5-7 Days)
last 2-3 weeks we seen huge buying in BAT coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
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BATA INDIA 1 year ka trend line breakout kiya hai ,can buy CMP or wait for retrencment 1880 pe mila to buy kar lena for long, SL 1840,TARGET 2035,2120,2300++
BSE:BATA1!
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Buy BataIndia.
1. Inverted head-and-shoulder
(not classical, somewhat)
2. 3 times hit the 1817 level.
3. Ascending Triangle formation
4. William's Alligator wakes up -- ready to eat!
5. Both volumes and COI goes healthy upwards.
6. Price 50 DMA is crossing over 200 DMA
(50 and 20 DMA are in 1796. 100 DMA is in 1802).
📈 BATA India 📉
This Stock Broke out from a Downtrending Trendline Zone after testing three times with a strong green candle.
Bias - Long
Target - 2073, 2230
SL - 1901
RR- 1:2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult...
Trading strategy:
Buy near 1995 , keep SL of 1950 and look for the target of 2050/2080. 2080 is the level where wave 5 = wave 1
Theory :
MOTIVE WAVES: : Motive waves are progressive waves which shows the trend is going to progress & are having a five-wave structure. While the corrective waves are a halt to progression and consists of a three-wave...
