Enter Short in BATAINDIA below 1000Enter Short in BATAINDIA below 1000
Target - 990, 980, 970
Sl- 1011
BATAINDIA
BATA INDIA_TREND ANALYSIS_FORMING DOUBLE BOTTOMBUY BATA INDIA ABOVE 950 FOR TARGETS 960/970/980 SL 926
MyAlgo : xMRSI-Progresser: Intraday : 21Sep-BATAINDIA-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 21-Sep-2018 for BATAINDIA
Sell Below(5Min candle close): 984.9 for targets -
T1: 977.5
T2: 973.1
T3: 968.5
SL: 992.8
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Short Bata Sell BATA at 1060 levels stoploss closing above 1075 target 996.6
Applied Fibonacci levels to Bata. First target of 1024 levels has been met and now has retraced to 0.236 levels of Fibonacci levels. Expecting sell off from here to 996.6 which is 50% of total rally.
Either correction could end there or prolong to 968.5 which is very crucial.
Lets see....
BATAINDIA | Possible RetracementBATAINDIA can retrace from here. Completed one of the harmonics and EW guidelines.
FOOTSTEPS DOWNLEVELS MENTIONED IN THE CHART.
Disclaimer:
It is very important to do your own analysis before making any investment based on the chart mentioned here.
Trade wisely!
BATAINDIA | Possible PRZ for short TFBATAINDIA can be shorted between 1010-1016 with SL above 1022-23 for short time period. Avoid if any hourly candle closes above 1016.
BATAINDIA | Long OpportunityBataIndia can be long from 905-912 for Targets of 940/960 and Short term target of 1020
MyAlgo: xMRSI-Progresser: Intraday call:29Jun-BATAINDIA-ShortBased on my "xMRSI-Progresser" predictive trading methodologies, its going to be a RED candle on 29-Jun-2018 for BATAINDIA
Sell Below(5Min candle close): 826.3 for targets -
T1: 820.1
T2: 816.4
T3: 812.5
SL: 832.9
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
BataIndia : Long term view with Visual Box E-Wave theory
As shown in Chart , which contain Five colored Box where each box represente One Implusive or Corrective wave . Box1 , Box3 and Box5 represent Implusive or Motive wave . Box2 and Box4 represent Corrective wave. As shown in Chart Impulsive Box1 was filled , Corrective Box2 was filled, Implusive Box3 was also filled, and Corrective Box4 is not filled fully and price are stillin trading range in corrective Box4. Implusive Box5 is fully empty, Once the price came out outof the Corrective Box4, we can anticipate Impulsive Box5 would be fill .
As shown in chart let represent Box1= wave1 , Box2= wave2 , Box3= wave3 , Box4=wave4 and Box5=wave5
Wave W1 and W3 are normal wave where Wave3 travel upto the distance of 161.8% of wave1 whcih is consider as a normal wave .
Note: MORE THEN 161.8% OF WAVE2 CONSIDERED AS A EXTENDED WAVE
As shown in BataIndia Chart , corrective wave2 was a simple correction , As a rule of Alteration say that if one corractive wave is simple then other corrective wave can be complex in nature.. therefore we can anticipate that price in Box4 is undergoing complex correction where time period for the end of correction of wave4 can not predicit in advance .
Once the wave4 correction is over or Box4 would fullly filled or Price would came out out of the Box4, then we can anticipate , Box5 will fill or next Implusive wave5 will start .
As a trader , one should wait for correction to get over or price should give beakout above 830 lvl, but as a convinced investor with long term horizon , one can average in the range of 700 to 800 for a long term target of Rs1100 . with proper money management rule
As per wave theroy , One of the Implusive Wave are subjected to extension, and as shown in chart Wave1 and wave3 are normal in nature , so we can anticipate Box5 or Implusive wave5 are due for extention. and might will extend.
Conculsion :
untill now from wave1 to wave4 of BataInda has respected various Fibbonachi ratio during the progrssion of wave e.g Wave2 retrace upton Fib. ratio 38.2% of wave1 , Wave3 travel upto the Fib.ratio 161.*% of wave1 which is considered as a normal wave, wave4 was corrected upto the Fib. ratio 61.8% of wave3.. there fore we can anticipate that BataInda would also respect this Fibbonachi ratio at various level during the remaing progesssion of wave in order to complete the 5 wave motive sequance
Trade Steup and Investment
For Trader , Long above 830 lvl with initial stoploss 4% of the invested equity on trade, with 1st Target
for Convinced investor can average inthe Box4 range 800 to 700 for long term target 1100 with time frame more then one year
Disclaim : the above Trading idea and investment rational are base on the wave theroy which is just guideline for anticipation of future prive move , which may or may not be achived depedn upon the trading environment.
My PredictiveEngine's Intraday call(15-May-18)-BATAINDIA-Short Beware that Karnataka election results are out tomorrow so there may be volatility in entire market. So play accordingly.
Based on my PredictiveSystem's signals, its going to be a RED candle on 15-May-2018 for BATAINDIA
Sell Below: 777.3 for targets -
T1: 771.5
T2: 768
T3: 764.3
SL: 783.5
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(11-May-18)-BATAINDIA-ShortBased on my PredictiveSystem's signals, its going to be a RED candle on 11-May-2018 for BATAINDIA
Sell Below: 776.1 for targets -
T1: 770.3
T2: 766.8
T3: 763.1
SL: 782.3
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)"
BATA INDIA RESISTANCE TESTHi guys keep watching testing resistance keep watch...
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation.
I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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Cup and Handle on Bata IndiaTrade - Swing
Position - Long
Entry - 736
Target - 743 / 750
Stop loss - 729
