BATAINDIA fut broke out of symmetrical triangle pattern on 15 min TF with decrease in OI suggesting shortcovering.
Could be bought with mentioned stoploss & target.
BATA FUT broke out of triangle pattern with decrease in OI suggesting shortcovering on an hourly charts with very good risk reward ratio.
Could be bought with mentioned stoploss & target.
BATAINDIA FUT is consolidating in a range of 1606-1565 from past 20 sessions after decent upmove.
Now, again its time for another upmove from here.
Conditionaly buy bataindia above 1606.20( breaking of upper end of range) with mentioned stoploss & target.
NSE:BATAINDIA1!
chart have first bearish butterfly @ 2261 and price falling for completed the target of butterfly .
now on current price chart show some reversal patterns and PRZ area between 1395-1260 with ab=cd ,Bat,@ channel bottom
for reversal we should plan entry in 3 part
buy bataindia above 1448 (30%) add more 1348(30%) rest near stoploss 1270...
#BATAINDIA trading 2211 formed bearish pattern,
yesterday trading our retracement level,
we can BUY above 2028
and tgt for 2045, positional tgt 2060 and
follow SL 1990 closing basis
Bata India futures
15m chart
CMP:- 2180.20
Looks like an ascending triangle pattern and the candles have the momentum that may lead to a solid breakout!
NOTE:- IDEAS WAS POSTED PRIVATELY FOR CLIENTS .
Hit The like button if you liked the idea.
--- Trade was given on 17 -MAY -2021
---Trade is Closed in PROFIT on 07 - JUNE -2021
FULL TARGET done now..... 🎯
--Buy Above =1415 or CMP
--Target = 1509 | 1606
--Stop-loss = 1296
--R:R =1.61
--lot size =550
--Expected Profit = ( 13% )
--Expected Holding = 1-2 months...
