I hope you can now see how BATAINDIA represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be...
Price trying to break 1390 levels from April 2020. On the month of June it breaks this range but unable to sustain and falls below once again, from then it is unable to break this level. Now price trading close to this levels for the past 2 months and it looks bullish, one can expect price to break this levels this month itself.
BATA INDIA BUY ABOVE 1233-1234
TARGET: 1239, 1245, 1251
Condition: If sustain above 1233-1234 on hourly candle only
If trade and sustain above 1250 then 1280 possible; Sell below 1200 for target of 1150
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BATAINDIA share bounced back from it's demand zone near 1240 rs., and now crossed above 20 days exponential moving average, one should enter for twing opportunity.
important levels are
entry range : 1280-1290
stop loss : 1250
target : 1400
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BATAINDIA (Bata India Ltd) BUY ABOVE 1451.
Continuous price rejection from trendline and today's closing slightly below the previous Resistance of 1451. If price moves above 1451 with price rejection at the lower level, it will be a good buying opportunity for a target of 1460, 1470 and 1475.