Bata India - Looks good for a short from the channel

2020年7月17日

Bata has strong resistances on the upside now. Trendline resistance, Fibonacci (at 1308) and 50SMA. Thereby a short view on BATA. Initial targets on the downside: 1290/1278.

Long view on the same: Above 1310, Bata can a strong upmove as well.

2020年7月20日

注释

Gap up opening in the market and Bata ruled out the short. Made a high of 1325 today. Gave good instances to trade FUT on this today