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BATAINDIA

BATA INDIA: IMPULSIVE RISETrading strategy: Buy near 1995 , keep SL of 1950 and look for the target of 2050/2080. 2080 is the level where wave 5 = wave 1 Theory : MOTIVE WAVES: : Motive waves are progressive waves which shows the trend is going to progress & are having a five-wave structure. While the corrective waves are a halt to progression and consists of a three-wave structure or various kind of its forms as a pattern. Motive wave and its component waves, i.e., waves 1, 3 and 5 . Their structures are called “motive” because they contribute to the progression of the trend. Whereas corrective wave are the interruptions, which include waves 2 and 4. Their structures are called “corrective” because each of them are a reaction on the opposite side of the main trend. There are some characteristics through which we can identify the impulsive wave. Every impulse wave follows some set of rules which we call them as SUTRAS for wave analysis. They are – 1. Wave 2 cannot move beyond the starting level of the wave 1. That means wave 2 never retrace 100 % of the wave 1. 2. Wave 3 is never the shortest one among the wave 1,3 & 5. It does not mean that it has to be the longest one. 3. Wave 4 never intervene into the price territory of the wave 1.
NSE:BATAINDIALong
by TradingSutra
Simple Trade Setup | BATA INDIA | 02-03-2022 [INTRADAY] NSE:BATAINDIA Observations: 1) On 1day time frame, it closed just above 200DMA and critical level of 1800 level. From here we can see good move on either side. Please refer below chart : 1hr Time Frame. 2) On 15min time frame, there is a double bottom formation. Please refer below chart : 15min Time Frame. Also we can see resistance channel. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 02-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BATAINDIA
by Trading_hawk
BATA INDIAENTERING SUPPORT ZONE Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:BATAINDIA
by SENSITRADE_T
Target 1 Achieved🤩💸🔥💎@technofunda_trader⁠ Few Important rules from my Trading Philosophy:⁠ 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%. 4. Build position gradually as the stock rises. ⁠5. Trade in the direction of the bigger trend. 6. Ride the trend, don't sell your winners early. . Like, Comment & Share 😄😄😄
NSE:BATAINDIALong
by technofunda_trader
Simple Trade Setup | BATA | 27-01-2022 [INTRADAY]NSE:BATAINDIA Observations: 1) On 1 day time frame, it took support from 100DMA and back to critical range 2040-2060. This range will work as resistance if it trades below it and will work as support if it trades above it. Please refer below chart : 1day Time Frame. 2) On 15min time frame, it looks like formation of inverted head and shoulder pattern. Please refer below chart : 15 min Time Frame. Good up move only, if this pattern activated and gives sustainable breakout of 2060 level range and then 2100 level. ------------------------------------- Trade Setup for 27-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BATAINDIA
by Trading_hawk