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)
Bata India Ltd - 15.03.2022
The stock is trading @ 1836 levels
The prices are above EMA
There is a HAMMER @ SUPPORT Level
Let the prices go above 1881, one can initiate a BUY position with support @ 1821
watch out for the price action
1) On 1day time frame, it closed just above 200DMA and critical level of 1800 level.
From here we can see good move on either side.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, there is a double bottom formation.
Please refer below chart : 15min Time Frame.
Also we can see resistance channel....
Hi All ,
Following is strategy , Don't expect 10lakh profit in 1 trade, Be realistic.
we expect 5-10 rs profit in below Bullish spread.
Buy 1100 sep call @ 31, 1 lot
sell 1120 sep call @ 23 ,1 lot
Stop loss would be End of day closing below 1055 , Target would be EOD close above 1100.
we will keep this trade active for 3-4 days.
P.S Options are...