AdarshDey

BATA INDIA LTD

Long
AdarshDey Mis à jour   
NSE:BATAINDIA   BATA INDIA
LOOKS GOOD FOR LONG POSITION WITH A SL OF 1370

Reasons:
- Wolfe Wave formation
- Wave 5 Taking immense support at Golden ratio of 1.618 ( Retracement of Wave 4 )
- Exaggerated Divergence of RSI
- ADX Reversing Downside from 44
- Risk to Reward Ratio is Fantastic

Target would be 1483 and above it will lead to 1611


CHART & ANALYSIS
Adarsh Kumar Dey
Commentaire:
Bata Has started Moving.
Commentaire:
First target almost achieved with a High of 1481
Commentaire:
Approaching Towards Second Target of 1611
Trade fermée: cible de profit atteinte:
Second Target also Done

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