BATA INDIA LTDAlış
#Bata weekly cup pattern breakout in progress
Bata is having a cup break out in progress since few weeks now.
Stock at all time high price levels the momentum is bullish on all timeframes while trend indicators are bullish as well
with strength seen rising on all timeframes.Weekly may be forming an unconfirmed momentum divergence need be cautious about.
The stop loss below the breakout zone could be tried for a positional play with entry on the daily candle.risk reward for short swing
trades may not be very favourable.
Stock at all time high price levels the momentum is bullish on all timeframes while trend indicators are bullish as well
with strength seen rising on all timeframes.Weekly may be forming an unconfirmed momentum divergence need be cautious about.
The stop loss below the breakout zone could be tried for a positional play with entry on the daily candle.risk reward for short swing
trades may not be very favourable.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.