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tradewidmufeeth

BATA India Medium Term Break-Out Trade

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BATA INDIA (NSE:BATAINDIA)  
tradewidmufeeth  
NSE:BATAINDIA   BATA INDIA
Trend Analysis Chart Patterns mediumterm swingtrading BATAINDIA indianstocks futures nse BSE breakout
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trendanalysis chartpattern mediumterm swingtrading bataindia indianstocks futures nse bse breakout
The stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA .
Risk Reward Ratio - 1:1.
SL is placed below multiple major support zone and previously Lower Trendline and target is place near swing and channel high.

Note: As the market is under selling pressure, enter only after confirming a reversal.
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