# 18 Long Bata India for a Target of 1475 and 1500

6 Tem 2020

BATAINDIA

Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
2.

Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 1475 and 1500
View Negated Below: 1290

#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
if you liked please don't forget to follow me.

9 Tem 2020

İşlem kapandı: durdurma seviyesi

SL Hit