METROBRANDS - Looking good for a rally METROBRANDS - looking good for an upmove. 550 is the level to watch. If buying happens decisively in next session , this can rally
Bata
Bata Chart Analysis !!📈 BATA India 📉
This Stock Broke out from a Downtrending Trendline Zone after testing three times with a strong green candle.
Bias - Long
Target - 2073, 2230
SL - 1901
RR- 1:2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Bata india on pole and flag patternif it break and close above 1960 can expect good move on daily time frame , must be on your watchlist.
please do your own analysis before take a trade
BATAINDIA on the verge of breakout!Company with high TTM EPS Growth
Bullish Engulfing Pattern
(Bullish Reversal)
Positive Breakout Second Resistance
( LTP > R2)
RSI indicating price strength
R1
1,974.1
R2
1,986.7
R3
1,999.5
Pivot
1,961.33
s1
1,948.7
s2
1,935.9
s3
1,923.3
Bata India Ltd - 15.03.2022Bata India Ltd - 15.03.2022
The stock is trading @ 1836 levels
The prices are above EMA
There is a HAMMER @ SUPPORT Level
Let the prices go above 1881, one can initiate a BUY position with support @ 1821
watch out for the price action
Simple Trade Setup | BATA INDIA | 02-03-2022 [INTRADAY] NSE:BATAINDIA
Observations:
1) On 1day time frame, it closed just above 200DMA and critical level of 1800 level.
From here we can see good move on either side.
Please refer below chart : 1hr Time Frame.
2) On 15min time frame, there is a double bottom formation.
Please refer below chart : 15min Time Frame.
Also we can see resistance channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 02-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BATA | 27-01-2022 [INTRADAY]NSE:BATAINDIA
Observations:
1) On 1 day time frame, it took support from 100DMA and back to critical range 2040-2060.
This range will work as resistance if it trades below it and will work as support if it trades above it.
Please refer below chart : 1day Time Frame.
2) On 15min time frame, it looks like formation of inverted head and shoulder pattern.
Please refer below chart : 15 min Time Frame.
Good up move only, if this pattern activated and gives sustainable breakout of 2060 level range and then 2100 level.
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Trade Setup for 27-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
LONG BATA INDIABATA India break the trend line with double bottom seems to be bullish in near future.detail justification and expected target given in chart. NSE:BATAINDIA
Bata India futuresBata India futures
15m chart
CMP:- 2180.20
Looks like an ascending triangle pattern and the candles have the momentum that may lead to a solid breakout!
BATAINDIA - Retest Structure - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BATA Good to goResistance Possible Breakout on BATA India SL 1980 Target 2120 1Hrs Time Frame For learning
BATA INDIA (swing)looks great for swing trade , recently broke a channel patter in weekly tine frame , trading with high volumes, entry price 1943, stop loss 1814, first target 2127
Bata: Kadam kadam badhaye jaBata
Observations:
- higher top higher bottom since April 2021
- Cup and handle formation
The stock has a Cup & Handle target potential of around 2120, however it should be noted that sustaining above 1895 could also lead to fresh breakout into uncharted territory with further potential of even 2600 odd levels.
Multiple support around 1780 odd levels and 1687 level.
Risk :: Reward ratio looks good. On dips can be a good addition. Keep a close eye on the stock.
Take care & safe trading....!!!
Simple Trade Setup | BATAINDIA | 08-09-2021NSE:BATAINDIA
I am posting this on request from one of my follower.
Trade Setup for Date 08-09-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BATAINDIA | 30-08-2021NSE:BATAINDIA
Observation:
1) On daily time frame it has made cup and handle pattern breakout and sustaining it.
Please refer below chart.
2) On Daily time frame it has been taking support from trendline.
Please refer below chart.
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Trade Setup for Date 30-08-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Bata IndiaBata India Breakout on Daily chart retesting the support levels. Bullish pattern on the chart self explanatory.
bata india at its resistance level at 1677 long call 1800Bata India is at its resistance level and it makes third time flag pattern and earning is in 5 days if the result good it breaks its resistance level 1677 and move to 1800 in 3 months
Go Long on Bata IndiaBata India broke out its major resistance level 1685, Can see a good upside momentum from here.
CMP- 1688
Good Accumulation range- 1645-1680
Upside target- 1780-1815-1880++
Stop Loss- 1615 on closing basis
Duration - 3-6 Months
If sustains above All time high, then next target is 2100++
batat india target 1640 with SL 1602BATA INDIA reopening theme bullish uptrend MACD crossover with a break out.
BATA INDIA on a very important levelBATA INDIA has given closing above very important resistance and forming a good curve pattern. So it can be a really good trade if it sustains above that level. we can see a good rally.
