# 18 Long Bata India for a Target of 1475 and 1500NSE:BATAINDIA
Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
2.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 1475 and 1500
View Negated Below: 1290
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
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