BATAINDIA swing long idea
The fundamentals and market share of the company are good.
Recently
BATAINDIA has been mentioned in various newsletters and news channels, which indicates possibly a big player is going to have a block sell soon.
After the recent rally and follow-up retracements, if the share does not fall below 1416 - With sustained volumes and RSI values.
We can go long on BATA for a minimum 20% upside.
If levels of 1384 break, one can directly buy At the Money PUT for BATAINDIA and have at least a 10% upside there.
*Educational view*
Recently
BATAINDIA has been mentioned in various newsletters and news channels, which indicates possibly a big player is going to have a block sell soon.After the recent rally and follow-up retracements, if the share does not fall below 1416 - With sustained volumes and RSI values.
We can go long on BATA for a minimum 20% upside.
If levels of 1384 break, one can directly buy At the Money PUT for BATAINDIA and have at least a 10% upside there.
*Educational view*
Nota
Trail SL 1469Nota
Trail SL 1600Dagangan ditutup secara manual
Trailing SL hit on 28th sept'23
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.