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BATA - Will this move to Next stage
BATA INDIA LTD
BATA - Will this move to Next stage
By rvc8280
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Dec 30, 2023
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Dec 30, 2023
BATAINDIA - Expected to Move beyond 1750 during Aug time frame, but continuously taking resistance from Weekly Gann trend line in past 22 weeks.
Currently trading above most of the moving averages on D/W/M time frames and taking support from 1650 levels.
If aggressive, We can take an entry above 1675 and if sustains above the trendline, we can add more.
Net Buy Volume is also on rise from past 6 weeks
Another view on Weekly TF - with Market Structure :
This is my view... and not a recommendation in any way.
BATAINDIA
Chart Patterns
Harmonic Patterns
Trend Analysis
rvc8280
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