BATAINDIA trade ideas
BATAINDIAIt has bounced back from a major support, and again closed above another support. It can be a long above 1300 with stop loss of 1295 for 1320, 1330, and 1344.
Option chain too showing some bullishness in coming days.
descending triangle can be seen at 1 hour chart bata india.looks good buys above 1396
price action chart for ideas only
BataIndia from 10 June 2020A custom Fib level has been drawn from the candle that broke the trend from sideways to uptrend ...
The next Long position entry can be taken from fib 70 area for uptrend best would be from around approx 1336 with first target of 1400 -> 1420 -> 1445
Buy at 1420 pure positionalBuy above 1420
target
1450
1470
1494
positional -- buy 250 quantity in cash
stop loss of 1397
BATAINDIA - Trade No 02Trade No - 02
BATAINDIA gives breakout and bullish closing on 2 june .
Trading History -
Buy - 1334.80
Sell - 1429.15
Stoploss - 1304.00
Quantity - 550
Profit / Loss - +51731.46
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results. If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out. Request your support by liking/commenting on ideas submitted.
BATAINDIABata india has tried to break the trendline, can be a long above 1328 with sl of 1325 for a target of 1342, and if crosses 1342 can see 1370 as target.
