If you have faith in my calls, remember Bataindia may give you targets around 1820 in near term. You will remember me if you BUY.
You will surely remember me if you dont Buy.
Chart learners may ping me for reasons.
Bata India Limited : Shoe Stores Company ( NSE:BATAINDIA ) is Making Rectangle Channel Pattern (PATTERN BREAKOUT TRADE).
This can become a very good trade for INTRADAY traders.
Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or...
Bata India Ltd ( NSE:BATAINDIA ) is Making Descending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for intraday traders.
Target + Stop Loss: There is no target here. You keep the first target as much as the stoploss you put. And the stoploss will be the low/high of the candle that broke this pattern. Or low/high swing backward...
BATA India is among the stocks which is yet to recover to pre-covid levels & still struggling near its low price this year.
ROunding bottom formation observed and it has started rising with volume gradually.
A volume buildup is clearly visible.
Price is trading above 20 DMA and RSI is increasing as well..
All indications are positive. Company has good...
Bata India testing resistance on the daily chart
Bearish Engulfing has formed and there is also a dynamic resistance of 100 DMA.
Short term down trend.
