Bata India Breakout RestestBox breakout retested with less volume, Good to enter if it opens above 1785, Buying 1780 CE & Hedging 1800 CE can give a 1:2 R:R
BATAINDIA
BATAINDiA: Conditional long for 1840 targetA very interesting cup-n-handle trade setup is developing in BATAINDIA. The cup is already formed and the handle is currently in development with two possible lows for the handle: (1) around 1635 and (2) around 1600. The scenario (2) is more likely since this is the more frequent S/R level seen in several instances in the past 2 years, with a major support in Nov.’19. This price level is also close 20-EMA, currently at about 1610. The price movement after result announcement will be the key. A good result will take the price to 1840+. I will wait for result announcement on 10th August to decide whether to enter the trade or not.
Simple Trade Setup | BATAINDIA | 08-09-2021NSE:BATAINDIA
I am posting this on request from one of my follower.
Trade Setup for Date 08-09-2021:
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.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Simple Trade Setup | BATAINDIA | 30-08-2021NSE:BATAINDIA
Observation:
1) On daily time frame it has made cup and handle pattern breakout and sustaining it.
Please refer below chart.
2) On Daily time frame it has been taking support from trendline.
Please refer below chart.
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Trade Setup for Date 30-08-2021:
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 tomorrow.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
BATA India - Swing tradeBata india looks good for swing trade with SL below the lower TL on clb. Keep you risk managed before taking any trade.
BATA INDIA CUP & HANDLLE SUPPORT RETESTNSE:BATAINDIA
stock had given BO from CUP & Handle pattern on weekly chart.
and recently Retested its support level.
after confirmation of reversal from support one can trade with Positive bias for long term/investment purpose.
keep SL below BO level.
very short term target: 1810-1820
medium term : 2000-2050
**EDUCATIONAL PURPOSE
BATA INDIAN BreakDown Short Opportunity As we can see stock broke trendline which it was followed from last 8days which is 11th of Aug and it broke todays in last 2 hours ....
so as price action we can initiate Short below 1718 It might come up to retest at 1730 then if see good red strong candle which s hows bearishness then only u can go for short
Sell Below - 1718 on closing on 15/30 TF
Target -1685
SL- AS PER OWN RISK
Bata india soon 1750 high Bata India making support 1680 and resistance 1700 and it makes the high lower,low higher pattern and it's a bullish pattern
#Bataindia watchlist stock for potential short term breakout#bataindia watchlist stock for potential short term breakout
all timeframes are bullish in momentum and trend.
at a 2 year old major resistance zone and daily volume spikes seen that could be attempting to breakout.
momentum showing a bounce from the support on daily after range shifted from sideways to bullish
rounding bottom on daily seen.earlier june attempt failed and so entry with tight slop loss and only after green close above resistance.
trade for short swing /short term since another resistance exit 100-200 points away
Cup and Handle Pattern in BATAINDIA for Target of 2080+On Daily time frame BATAINDIA showing the breakout of cup and handle pattern. After this breakout expected it will continue it's bullish rally upto new target of 2080+ in short term time period. Can go long in this trade above 1700 for target of 1850, 1950 and 2080+. Downside weakness possible in case it's started trading below 1545 so we can place our stop loss at this level.
Bata IndiaBata India Breakout on Daily chart retesting the support levels. Bullish pattern on the chart self explanatory.
BATAINDIA AnalysisAnalysis posted on charts if you like the analysis please click on like button and subscribe to this profile to get more updates.
bata india at its resistance level at 1677 long call 1800Bata India is at its resistance level and it makes third time flag pattern and earning is in 5 days if the result good it breaks its resistance level 1677 and move to 1800 in 3 months
BRITANNIA Looks Good for longNSE:BRITANNIA
BRITANNIA Looks Good for long, we can see multiple chart patterns on daily time frame.
we can see Good Rally in the short time
Buy Bata India at CMP on positional basisBuy Bata India at CMP on positional basis...
Follow chart for target and SL
Go Long on Bata IndiaBata India broke out its major resistance level 1685, Can see a good upside momentum from here.
CMP- 1688
Good Accumulation range- 1645-1680
Upside target- 1780-1815-1880++
Stop Loss- 1615 on closing basis
Duration - 3-6 Months
If sustains above All time high, then next target is 2100++
Bata India made Cup & Handle pattern is it Good for swing Trade?=> We can go long only if price close above 1700 level (Price should sustain above 1700 level at least for 30 min)
=> Risk reward for this trade is 1:1.84
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
batat india target 1640 with SL 1602BATA INDIA reopening theme bullish uptrend MACD crossover with a break out.
BATA INDIA on a very important levelBATA INDIA has given closing above very important resistance and forming a good curve pattern. So it can be a really good trade if it sustains above that level. we can see a good rally.
