Long Bata India: Volumes picking up, breaking all resistances
Hello Traders,
Bata India has moved up breaking above its all time high. With volumes picking up, we can expect it to give it a further upmove.
WIth 3:2 RR we can trade it as follows:-
My trade would be placed a follows: -
CMP: 1835
Entry price: CMP or 1835-1841.
Target: 1985
SL: 1736 (Daily closing basis)
If it opens at a lower price I would wait for Bata India to start moving up before taking an entry rather than buying at a lower price.
Happy Trading!
Bata India has moved up breaking above its all time high. With volumes picking up, we can expect it to give it a further upmove.
WIth 3:2 RR we can trade it as follows:-
My trade would be placed a follows: -
CMP: 1835
Entry price: CMP or 1835-1841.
Target: 1985
SL: 1736 (Daily closing basis)
If it opens at a lower price I would wait for Bata India to start moving up before taking an entry rather than buying at a lower price.
Happy Trading!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。