The stock is under consolidation under a long term support turned resistance Buy if it breaks above 1250
1.Go long on bataindia . 2.Trendline brake with volume . 3.Triangle pattern breakout . 4.Retracement also happened 5.perfect area to buy .
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
BATAINDIA share bounced back from it's demand zone near 1240 rs., and now crossed above 20 days exponential moving average, one should enter for twing opportunity. important levels are entry range : 1280-1290 stop loss : 1250 target : 1400
For educational purpose only. All details in chart !!!
BATA INDIA BUY ABOVE 1270 TARGETS: 1277, 1285, 1293 SELL ABOVE 1250 TARGETS: 1243, 1235, 1227 IF SUSTAIN ABOVE 1300 THEN FURTHER UPSIDE POSSIBLE Posting for Educational purpose only If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
Buy bata baove 1278 TGT 1285-1290-1295 SL 1271
One can Initiate buy above 1315 as it will break recent swing high also for double confirmation
price action with support resistance and fibonacci levels for educational purpose
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Bata 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 :)
Two bullish hammer candles from last two days. Buy above the line. Target is the above the 2nd line.
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...
Bata 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...
BataIndia has made a descending triangle,upon breaking down 1270 level,then we will short it at this level.
NSE: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...