INTRADAY TRADE IN BATAINTRADAY TRADE IN BATA
SHORT@1383
STOP@1398
TARGET-1@1365
TARGET-2@1355
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
BATAINDIA trade ideas
Bata buy side possibility on higher side.On monthly and weekly chart formation of Triangle pattern is created & Wait for this to break out or breakdown will get good results on either side. but more likely to stock move in the upward direction as the stock is above 50 EMA on monthly trend. As we need to catch the trend. There is small correction level currently in the stock. So add the stock list in your watch-list for booming breakout. yes breakdown will give result but less then the breakout.
Bata India : Sell Bata for a Target of 1170 & 1148.5Sell Bata at CMP of 1277 for a Target of 1170 & 1148.5. Sl at 1342.8. Conservative traders can sell below 1245.65.
[Buddha] BATAINDIA Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
