Bata India
Date : 09.07.2024
Bata India
Time Frame : Weekly
Remarks: Bata India has reached at most interesting point where support/resistance band + 200 ema + ascending triangle trendline have confluence. If any breakout from here will push for high momentum upside rally up to 15%-20%.
Remember so far same area has been a tough rejection zone based on ascending triangle pattern, therefore enter to trade after confirmation of breakout of daily basis or if any gap-up opening & open = low for first 15 mins
* "Trade & enter as per individual's risk appetite"
Regards,
Ankur
Bata India
Time Frame : Weekly
Remarks: Bata India has reached at most interesting point where support/resistance band + 200 ema + ascending triangle trendline have confluence. If any breakout from here will push for high momentum upside rally up to 15%-20%.
Remember so far same area has been a tough rejection zone based on ascending triangle pattern, therefore enter to trade after confirmation of breakout of daily basis or if any gap-up opening & open = low for first 15 mins
* "Trade & enter as per individual's risk appetite"
Regards,
Ankur
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.