BATA INDIA

28 ส.ค. 2020

Self Explanatory chart.
Breakout from the Triangle and falling Wedge.

Now a fresh rally has started in the Parallel Channel. Keep riding the stock in the channel.
Stop Loss should be just below the channel when the stock breaks the channel on the downside.

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31 ส.ค. 2020

บันทึกช่วยจำ

Stock broke the channel on the lower side.

Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book losses if bought today and prevent yourself from further unpredictability.

No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.