BATA INDIA on charts looks really good. Let me summarize the reasons in few points just to let you know why it deserves attention. 1. It is currently in its 4th Wave 2. A wolfe Wave has been formed with in its 4th Wave. 3. It has rested at few resistance points of its 3rd Wave. It could be seen as Resistance acting as support. 4. Surprisingly the Resistance acting...
Bata at the weekly support line Don't miss the chance...
BATA CAN BE THE SHORT TRADE OR A LONG TRADE THIS IS A POSITIONAL TRADE MAKING EXPANDING PATTERN ON THE WEEKLY CHART
BATA near its previous important levels and also making a bullish hammer candle on the daily.
Note : This is Chart 2 (Hourly Time frame) and is a part of the previous Bata India analysis that I just published. Please study both charts before taking any decision. Cheers !!
TAKE MY WORD FOR IT - THERE MAY BE LESS TO MAKE OUT HERE, BUT PLENTY TO LEARN IN THIS ONE Was talking to an expert who told me that Bata India is a "Long", so I pulled up the charts. Here's what I found that stunned me. Initially, all looked hunky-dory on the Weekly chart (refer 1st chart), but when I moved on to the Hourly (refer 2nd chart), the story turned...
Bata has clearly formed a Head and Shoulders pattern. It is also present at the major support which also seems to be the neckline of the head and shoulders pattern. Any 1day candle close below 1450 can trigger a sell signal with target of 1350.
Buy Bata at Cmp (1615 to 1625) Stoploss of 1560 Target 1760 Its a 4 Hour timeframe so it may take a time to move...it will be medium Term Bet. Good Risk to reward Trade. Study: Stock is Trading Near Support Area. Previously Strong Breakout Given from 1610 level with Big Volume..and now Stock is Consolidating in Traingle Shape or Pennant Pattern. + Stock is...
If sustains below 1610 for the targets of 1575 and 1560 until 1635 is saved on the upside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Bata india is wearing its sport shoes and Its on its mark, Getting set for the GO
NSE:BATAINDIA positional long if stay above current resistance. target harmonic PRZ
BATAINDIA CMP - 1376 TARGET - 1573 ABSOLUTE RETURNS - 14.31% TYPE OF TRADE- SWING DURATION - 1 MONTH
I hope you can now see how BATAINDIA represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
Bata gave a good move with vol in last session However a safe player is advised to buy above 1470 for the target 1600 sl to maintain at 1410 Risky player can buy if high (1445) sustains for good returns wsl 1360 (200dma) Note : This idea is for only learning purpose
Tweezer Bottom Found In Bata. Trade Mention In Chart.
Bata Could give target of 1280 tomorrow
BATA INDIA BUY ABOVE 1233-1234 TARGET: 1239, 1245, 1251 Condition: If sustain above 1233-1234 on hourly candle only If trade and sustain above 1250 then 1280 possible; Sell below 1200 for target of 1150 Posting for Educational purpose only If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas