1670 previous resistance could act as a strong support.
Bata 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++
=> We can go long only if price close above 1700 level (Price should sustain above 1700 level at least for 30 min) => Risk reward for this trade is 1:1.84 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate...
BATA 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.
Bata India is about to complete its cup and handle pattern and looking it as an investment pick or positional trade, tgt-sl-and entries are marked on the chart
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
Bata showing strong breakout with good volumes which shall last for another few sessions. With a target of 1540 and SL of 1395 can trade with caution.
Buy Bata around 1515 to 1520 for target 1600 / 1680 SL as per your risk. Buy as per your own analysis i am not a SEBI registered analyst.
Buy @ CMP CURRENT MARKET PRICE Final Sell Target @ 1630
Triangle Target is 30 point both side from the point of breakout / breakdown
Bata at the weekly support line Don't miss the chance...
BataIndia Has Given A Decent Correction . Now Its A Time For Some Retracement Upmove. The Stock Has Bounced From Our Weekly PRZ Area. Below The PRZ. We Will Short Bata. Till The Time Wait For The Levels To Enter. Never Enter In FOMO. Use Alerts For Entry. All The Levels Are Given In The Chart. For NIFTY And BANKNIFTY Calls Join Our Premium Group Contact- 9304408492
Now it looks exhausted at top by making Head And Shoulder Pattern. 1480-1460 is the Neckline Zone for H&S. Time to be careful for the Shareholders Of BataIndia.
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
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...
Tweezer Bottom Found In Bata. Trade Mention In Chart.
BataIndia has made a descending triangle,upon breaking down 1270 level,then we will short it at this level.