mmjimm

BATAINDIA Down to its major support ??!!

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mmjimm Atualizado   
NSE:BATAINDIA   BATA INDIA
Chart patterns suggests the above opinion...

1. It is travelling in a 7 year channel pattern from 2015.(red and green line)
2. I noticed the shorting possibility at the purple trendline breakdown...forgot to add the idea here.
3. Now, it has formed a beautiful bearish flag and given breakdown again(giving a target downside to roughly 130points)
4. Target can be the Green line support down.
5. SL - 1730 (safer)....bit risky SL- 1758.25

Let's see whether it's going to take or break the support!!!

Note: just sharing my view....neither a tip nor advice!!!
Comentário:
going good...with volume
Trade ativo
Comentário:
Moving as per levels.
Comentário:
Soon to reach our levels....
Trade fechado: objetivo atingido:
1620 reached....let's see whether its breaks or reverse!!!
Comentário:
Short covering going on...we need clear candles to confirm a reversal...
Comentário:
Still not confirmed of the reversal....we need to wait!!
Trade ativo:
WEEKLY BREAKDOWN of the 7 year major support!!!
Comentário:

1480 - 0.618 level fib can be our 1st Target
Comentário:
1480 target done!!!
1330 strong support down!!!!
Aviso legal

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