BATA INDIA - Gap UP opening and form NR7 candle with near doji
Updated
#BATAINDIA is moving down since announced the Q3FY20 results in Feb month. Today created the NR7 candle and performed the breakout of privious NR7.
Showing Bullish result in Technical Parameter:
CCI is treading UP
RSI is treading UP
Stoch is treading UP
DI+ crossed above DI-
PSAR indicating bullish
New Long
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Support : 1295 and 1272
Breakdown : 1303
LTP : 1316
Breakout : 1324
Short Target : 1346 and 1360
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Positive & Negative Point:
1) Neutral in Daily/Weekly/monthly chart
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(Disclaimer: This is only for educational purpose and paper treading.)
Showing Bullish result in Technical Parameter:
CCI is treading UP
RSI is treading UP
Stoch is treading UP
DI+ crossed above DI-
PSAR indicating bullish
New Long
----------------------------------------------------------
Support : 1295 and 1272
Breakdown : 1303
LTP : 1316
Breakout : 1324
Short Target : 1346 and 1360
----------------------------------------------------------
Positive & Negative Point:
1) Neutral in Daily/Weekly/monthly chart
----------------------------------------------------------
(Disclaimer: This is only for educational purpose and paper treading.)
Trade closed: target reached
Hit the first support target 1295 and reverse. Same reverse from breakout level also.
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