Positionaltrade
Positional trade: resistance and Flag bo with volume Buy above 82 target -97, 113,138
Sl below 62
for swing stoploss 75
BATAINDIA | Range breakout Trading | +19 % Profit !! NSE:BATAINDIA
Positional Trading opportunity ! Weekly Chart Alert !
Technical Reasons to trade :- 🧢
1> Range Breakout .
2> Huge volume as well
3> Accumulation is done
4> Retracement areas are shown through arrow.
5> Rsi divergence just for educational purpose | example
some fundamental supports :-
1>Bata India to Merge Subsidiaries
2>Bata India Says Unit Approves Amalgamation
3>Bata India Plans to Add 100 New Stores in FY21
--CMP =1513
--Lot Size = 550
--Target = 1788 ( 19 % )
Guys check out the related ideas as well, it will work really well guaranteed !
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BALKRISIND with 4:1 risk reward ratio Positional Trade
BALKRISIND Buy: 1382; T1: 1450; T2: 1550; SL: 1340;
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Buy a small quantity now at CMP and wait for the trend to get break to make complete position in stock.
Risk taker can wait for target2 and risk averse traders should book their profits at target1.
What I suggest is to book partial profits at 1st target and wait for the target.
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-Mohit Rajani