Bata India in value area from around 27th March till date. Good trading points.
Timeframe: 15 min
Value area High 1287.2
Value area low 1155.95
POC 1221.15
SHORT can be done at High with Target POC.
LONG can be done at Low with Target POC.
Trade can be based on candle rejection at Value high (long upper wick) and Value low (long lower wick).
This is purely for my educational purpose and not a trading advise. Please trade at your own risks.
Timeframe: 15 min
Value area High 1287.2
Value area low 1155.95
POC 1221.15
SHORT can be done at High with Target POC.
LONG can be done at Low with Target POC.
Trade can be based on candle rejection at Value high (long upper wick) and Value low (long lower wick).
This is purely for my educational purpose and not a trading advise. Please trade at your own risks.
Comment:
The price reached value area high today morning (if you have set an alert), gave an excess and rejection at 10.20am. Then moved into value area. Trading close to POC line. Till EOD, 4% profit.