mayurdharod

Bata strong consolidation

Long
mayurdharod Updated   
NSE:BATAINDIA   BATA INDIA
Bata had consolidated well over few months. The convergences are indicating good momentum. Wait for 1400 to be crossed and sustain for a good entry. Expect 1600-1700 in a quick move.
Trade active:
Activated
Comment:
Did pyramid buying. exited 1/4th quanity at 1450. hold rest with stop loss at cost.
Trade active:
continue to hold

Trade on confirmation and not on anticipation
Believe in power of compounding
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