Long

BATA INDIA IN TIGHT ACCUMULATION RANGE

Updated

The price trading inside tight accumulation range and now near the support level of 1380. Price formed strong base which showing price can given breakout in coming trading sessions. Price forming low risk & high reward setup. My initial targets will be 1440/1477/1522+ for the upside. Above 1455+ closing will give a massive breakout in the price and price sharply move towards the upper level. Remember this longer the range stronger the breakout. Breakdown below 1380 will leads to more fall in the price.

Note

#BATAINDIA 👉Made New High of of...1458.45✔️

👉1400-----> 1458+

👉1st Target Done at 1440✅

Note

#BATAINDIA 👉Made New High of of...1480.90✔️

👉1400-----> 1480+

👉1st Target Done at 1477✅

Note

#BATAINDIA 👉Made New High of of...1529.90✔️

👉1400-----> 1529+

👉3rd Target Done at 1522 ✅

Jha_Nidhi

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.