a. Bata India has retraced by over 62%.
b. Looks like good levels to enter as a position trade for a month or 2 or 3.
c. SIgnificant double bottom level.
d. Stop Loss is close.
e. RR is very good @ 6:1.
Please do share your views.
Be-aware, it might slip further, but SL is in place. Invest with your own RR study.
BATAINDIA
Thanks.
Ravindra
b. Looks like good levels to enter as a position trade for a month or 2 or 3.
c. SIgnificant double bottom level.
d. Stop Loss is close.
e. RR is very good @ 6:1.
Please do share your views.
Be-aware, it might slip further, but SL is in place. Invest with your own RR study.
BATAINDIAThanks.
Ravindra
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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.