BATAINDIA
bata india report 1) down fall has finished took a strong support at 1241 points
2) wait for the break out at 1286.
3) if the candle closes above 1286 then the bulls can rally up to 1460 without any hurdles.
4) if the points breaches 1241 support zone , next bearish rally continues up to 1000 points.
5) wait for 2 to 3 trading session to know further in detail.
tips : buy at dips without second thought.
Disclaimer note: this is for study and analysis purpose.
BATA INDIA - BOUNCE EXPECTED - BUY ABOVE 1270BATA INDIA
BUY ABOVE 1270
TARGETS: 1277, 1285, 1293
SELL ABOVE 1250
TARGETS: 1243, 1235, 1227
IF SUSTAIN ABOVE 1300 THEN FURTHER UPSIDE POSSIBLE
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Bata India - Long Setup - Daily Hammer CandleOne can Initiate buy above 1315 as it will break recent swing high also for double confirmation
BATA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
BATA INDIA - Buying OpportunityBata India has breakout above 1322 levels. We can buy it for short term target of 1340 to 1395. I will keep stop loss at 1275 (safer side)
Its my personal view, do check with financial advisor before any investment. My views may go wrong :)
Bata India trade setup for Monday 20 July 2020Two bullish hammer candles from last two days. Buy above the line. Target is the above the 2nd line.
Bata india stock to trade.We have seen the stock of bata india ready to gain momentum as per charts. This stock has trading in the channel zone & will get good results after the proper signal of BO or BD signal received. Now for technical analysis stock is making lower low for past few days. Now today we have seen good buying in the stock . On charts both sides marking has been done. Also stock is ready to cross the 50 EMA level. So as per charts this will likely to break out from the channel zone as upper resit. level is testing again & again. Long entry can be taken above the level of 1288 for the next target price of 1325. but due to volatility if BD then will update you. Also investors can buy this stock from the current level. Fundamentals of the stock is very strong & within next 2 months we can see the level of 1550 in the stock. So add the stock in your watch list to see the price action.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Beware of Longs in BataBata is standing at an important support, I see a head with double shoulders. On breaking on 1230, Bata might go way too down.
Today's (14th july 2020) candle is a bullish candle and Bata might give one final try to break its previous high of around 1340, which would act as a resistance now. I personally think the chances of a sustained upside are very less.
EMA21 has crossed EMA5 fron the top, which is a bearish crossover
Do not hurry up in building longs.
BATAINDIA - ShortBataIndia has made a descending triangle,upon breaking down 1270 level,then we will short it at this level.
# 18 Long Bata India for a Target of 1475 and 1500NSE:BATAINDIA
Reason Being:
1. Formation of Triangle pattern and Upper Breakout with Volume Confirmation
The price breaks above the upper trendline with a noticeable increase in volume, confirming this bullish pattern as a reversal of the prior downtrend.
2.
Every Price Action Pattern after breakout provides some Target Range and according to Triangle:
Target Price: 1475 and 1500
View Negated Below: 1290
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
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BATAINDIA - Long PositionAs the stock is consolidating in the Parallel Channel, if it breaks the short-term trendline it can again hit it higher line of the Parallel Channel!
SWING TRADE - BATAINDIATime frame - 1 Hr
As per my analysis stock is currently trading at very good price range that is 1270-1285 which is a strong demand zone for the stock.
You may definitely buy some shares if you are a price action based trader.
I personally like to take the trade at demand and supply zone trades for swings and I prefer to provide swing trades which are trading at good buying zones.
Please comment if you have any doubts about this trade.
BATAINDIA!! swing trading !!
!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
!! all views for educational purpose, trade at your own risk !!
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