BATAINDIA formed bullish flag in 5 mins time frame. buy above 1533 SL 1525, Target 1539, 1546,1553,1561 Risk to reward is 1:2 to 1:3.5
NSE:BATAINDIA Bata India forming a wide range on 30 min TF and plans to play in between the range or trade the breakout the volume is crucial to watch if the daily candle closes above the supply zone then aim for a swing move up. trade with proper stop loss and do your analysis too. like and comment your views below Thankyou Keep learning Happy trading
Parallel Channel since the top was formed. expect more selling pressure
Bata India looks strong with a reversal in place. Keep the stop loss at 1390 with targets of 1600 and then 1650. Stock looks strong on technicals and has good relative strength at the moment.
Bata India Ltd. (BIL) is the largest retailer and leading manufacturer of footwear in India, with 2,000+ retail stores as of December 2022. We downgrade to Accumulate rating (from Buy) and revise our target price to ₹1,620 (from ₹2,155), factoring current weak demand. Revenue grew by 7 per cebt YoY aided by an improvement in the premium mix. Average selling price...
NSE:BATAINDIA has overall a range bound of 1320 to 1400 range. However if 1370 is broken (mentioned in green color small support line) it will retrace back to 1330/1340. If we look at the OI Data: Very high fresh call addition at 1400 strike. If Bata persists below 1370 for 30m, buying a 1380 (or better) 1400 Put (29th March) seems lucrative trading option. Or...
Previous Low reached and ICMC from the level Significant fall below 1405 level
Reaching the Indecision Zone at 1360 What a shunted fall, closing within the shunted range would be a swift movement
Now day everyone is talking about recession, And worldwide so many companies are cutting cost and fire the employee. Directly Indian companies are not looking to cut employees but it's affect is clearly visible in stock market. It's my personal us for my view Bata India is affecting and example of this things. On a weekly time frame on daily time frame I am...
Hello Everyone, BATAINDIA on 15 min chart inside traded 15 min white huge candle,its mean sellers power decresed and buyers try push up, * BATAINDIA on Daily chart continue fall this stock select only intrady purpose and swing trade if break 1442 levels then we will see next levels 1450,1465 but if break last 15 min candle Low then plan to sell side 1428 support...
As per Harmonic PRZ pattern, Bata India may go further down till 1360 SL 1750 within few months
BATA INDIA trading at crucial MOB level 1600.If close below 1600 and sustain we will get to see further fall.
BATA is fundamentally strong everyone knows. Stock is at very good demand zone and near 200ema. If sustained at this level one can plan to invest for the short to long term. SL should be 5% min with a target of ATH. Disclaimer: we are not SEBI registered please take advice from your financial advisor before investing.
NSE:BATAINDIA BATAindia for long! Descending triangle weekly breakout soon! Create long positions.
BATA has made positive pattern breakout,expecting highs in it. everything mentioned in it. REMEMBER THE NAME TRADE BEARS & BULLS LEARN ONCE EARN FOREVER LIKE SHARE AND COMMENT BELOW YOUR VIEW.
Stock price is consolidating in the specific range we can expect around 50% returns once we complete this consolidation cycle and give a break suggested entry price 1700-1650 target 2800-3200 level in short-long term .
But in chunk, 50% @1600, 40% @1650 and 10% @1580 Safe SL 1560 on closing basis. Target- 1800, 1850 1900. *Note- Only for educational purpose.
Bata india chart correction complete daily time period first this stock bottom create near 200 ema support second point rsi or histgram divergence third flat correction complete internal structure (3,3,5)