BATAINDIA trade ideas
BataIndia CYPHER pattern formationBataIndia CYPHER pattern formation.
sold at = 1411.40
target = 1363.20
SL=1465
Educational - pullback to CPR in an uptrend a buying opportunitystock was in uptrend in smaller time frame. According to CPR concepts, any pullback to cpr with low volumes and bullish price action in an uptrend is a potential buying opportunity.
Weekly levels (19 to 23 october 2020) - BATAINDIAlong - ascending triangle formation on smaller timeframes
INTRADAY LEVELS Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators.
Ascending triangle, Watch for breakoutThe BATAINDIA is forming triangle patterns watch for breakout.
BATA INDIABATA INDIA retesting breakout point. 1345-1338 very crucial levels that it tested multiple times before giving breakout few sessions back.
Huge consolidation has happened in this counter. Watch out!
Option trading Opportunity Many have asked me about Options trading using Wave Analysis , they asked weather they can trade Options buy or sell ,
Yes of course they can do that , they can sell Options and they can buy options , but need a patience and Proper Understanding how the price moves
Options trading using wave theory requires clear attention on smallest time frame and Opportunity are used with proper risk to reward method
Here i have made small efforts in Explaining what i am looking and how i am looking to trade Options in case i decide to take the trade
Good luck
#BATAINDIA CASH : LOOKS GOOD ABOVE 1350.10#BATAINDIA CASH
04.10.2020
LOOKS GOOD ABOVE 1350.10
STOPLOSS 1340
TARGET 1359-1360/1369-1370
CMP 1342.35
