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Roundingbottom

BATA India: Bottom FishingBATA India is among the stocks which is yet to recover to pre-covid levels & still struggling near its low price this year. ROunding bottom formation observed and it has started rising with volume gradually. A volume buildup is clearly visible. Price is trading above 20 DMA and RSI is increasing as well.. All indications are positive. Company has good fundamentals as well. Top of the rounding bottom is on 1320 levels, Enter above 1320 . Target: 1450 SL: 1255
NSE:BATAINDIA
by finalyticsbreweries
POSITIONAL LONG IN BANKBARODA!!(DEC FUT)!!POSITIONAL LONG IN BANKBARODA VIEW -EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND -STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN -FIRST IT WILL FIND RESISTANCE AT 200-DMA -IF BREAKS WE ADD MORE -IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET TRADE VIEW DEC FUT BUY@104.5 STOP@100 TARGET@110 LOT:4500 QTY:2 -THIS IS A MOMENTUM TRADE WE ARE WAITING FOR BREACH OF 200-DMA FOR POSITIONAL TRADE
NSE:BANKBARODALong
by manavtechresearch