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...
BATA has made positive pattern breakout,expecting highs in it. everything mentioned in it.
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Stock price is consolidating in the specific range we can expect around 50% returns once we complete this consolidation cycle and give a break suggested entry price 1700-1650 target 2800-3200 level in short-long term .
Bata India Ltd (BATA) strong Breakout at 1 hr chart and daily chart pattern. Time to go for long in bata India. Buy above current level 1921.
Target 1951,1961,1992,
Time to accumulate good volume and momentum today. Thank you.
BATAINDIA has seen Trendline breakout on 4-hourly time Frame Chart and Looks very bullish, I am Looking to Buy BATAINDIA in Cash Segment around Current Price 1880- 1883 For the Targets of 2000/2100 And Stoploss 1770 (Time Horizon 5-7 Days)
Swing bata India after the BO of TL near the support level above 1825. All important levels are given on the charts. Stock is forming a bullish W pattern.RSI is also ready to cross 60 levels again the bullish signal. So this is the high probability trade setup. This is for your educational purpose only.
📈 BATA India 📉
This Stock Broke out from a Downtrending Trendline Zone after testing three times with a strong green candle.
Bias - Long
Target - 2073, 2230
SL - 1901
RR- 1:2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult...
Trading 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...
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 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 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
![BATAINDIA: Simple Trade Setup | BATA | 27-01-2022 [INTRADAY]](https://s3.tradingview.com/o/OR5XxNJv_mid.png "Simple Trade Setup | BATA | 27-01-2022 [INTRADAY]")
