Bata India Ltd - 15.03.2022 The stock is trading @ 1836 levels The prices are above EMA There is a HAMMER @ SUPPORT Level Let the prices go above 1881, one can initiate a BUY position with support @ 1821 watch out for the price action
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....
ENTERING 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...
💎@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...
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....
Bata India share under Trend Market using Gi-2 Wave method price Expect upside towards 2107 in next few days
Bullish Wedge Structure.. Breakout Possible.. Good Risk Rewards.. Details in the chart...
levels well mentioned in the chart itself ~for educational purpose only~
Taken a position at BATA India as RSI is indicating a Divergence from Price action towards Upper side denying the Trend Downside. Target 2120 and Stoploss of 1925. EMA 20 and 50 can provide Support to the Trade.
BATAINDIA - looking good for an upmove. Could cross 2000
note : fully your risk/trade my post only educational
Bata India formed double bottom pattern between its 100 EMA and 200 EMA, we can long here with stoploss below 1819 for a target of 2025. It may face resistance near 1920 and 1960, Once it touches 1960, we should trail stoploss to 1919 and after touching 2000, we should trail our stoploss to 1960..
Bata India (Daily) Chart Pattern - Head & Shoulders Wave Count - 4th (seems to be in the C wave of ABC / ABCDE) Indicators/Oscillators: MACD of the weekly is downtick MACD of daily is downtick and NCO too with solid red bars of the histogram BB about to get challenged on the lower side (BBCD) RSI is below 40 in oversold zone Stochastic 14,3,3 is NCO and...
Why this Trade..?? 1. Triangle Pattern Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Bata has formed a Bullish Candle and looking a good Buy for upper marked targets on chart until 1990 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Analysis of Bata India on the basis of Ratio chart and Trendline Target - 2900 (Top of trendline) Analysis on the basis of Ratio chart shows reversal in strength of Bataindia w.r.t to NIFTY. Reversal in strength w.r.t NIFTY and channel breakout are strong signals to buy. RSI - the RSI continuously staying above 60 further shows momentum in stocks. Chart is...
Bata India futures 15m chart CMP:- 2180.20 Looks like an ascending triangle pattern and the candles have the momentum that may lead to a solid breakout!
Bata is having a cup break out in progress since few weeks now. Stock at all time high price levels the momentum is bullish on all timeframes while trend indicators are bullish as well with strength seen rising on all timeframes.Weekly may be forming an unconfirmed momentum divergence need be cautious about. The stop loss below the breakout zone could be tried...