BATA INDIA LTD
Short
Updated

Bata Short with R:R 4.5

58
Bata looks like it may pull a leg down to 0.618 fib level. Possible sell off ahead of earnings.

Pattern : Rising wedge
Trade active
Entered Short 1330.
Trade closed manually
closed around 1320 to avoid stimulus news movement in market.
Note
May Short around 1418.

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