NSE:BATAINDIA1! chart have first bearish butterfly @ 2261 and price falling for completed the target of butterfly . now on current price chart show some reversal patterns and PRZ area between 1395-1260 with ab=cd ,Bat,@ channel bottom for reversal we should plan entry in 3 part buy bataindia above 1448 (30%) add more 1348(30%) rest near stoploss 1270...
When it comes to rewarding it's shareholder over the period of years and clean management then Bata is one of the top companies in Indian Stock Markets. And if you get such company at reasonable price levels backed by Technicals then it's no less than it's no less than a Gem...Add some BataIndia here adn Some at Lower Levels for new highs of ~2600
1. base formation breakout 2. channel breakout 3. flag formation with strict sl one can go for long in bata
Price is under falling channel with RSI showing +ve divergence It has also closed above 20dema after 76 session with good volumes and as per VSA analysis, even though volumes were higher candle stick spread is very small and this has appeared in a downtrend. It can be sign of smart accumulation here and breakout above 1450 could trigger good short covering....
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
Look fresh in range 1440-1480 for upside 1650/1800 mid term, SL 1380..!!!
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.