Bata India making support 1680 and resistance 1700 and it makes the high lower,low higher pattern and it's a bullish pattern
1670 previous resistance could act as a strong support.
=> 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...
BATAINDIA inverted head and shoulder pattern
Bata India is about to complete its cup and handle pattern and looking it as an investment pick or positional trade, tgt-sl-and entries are marked on the chart
BATAINDIA - Buy- 1545 Sl- 1510 Target - 1620 1700
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
2:1 trade setup on bataindia stock Entry - 1558 SL - 1518 Target- 1638
Buy Bata around 1515 to 1520 for target 1600 / 1680 SL as per your risk. Buy as per your own analysis i am not a SEBI registered analyst.
Stock has formed a rounding bottom on 2 and 4 hour TFs If stock sustains above 1505 for 3-5 minutes can easily achieve targets of 1525, 1535
Buy @ CMP CURRENT MARKET PRICE Final Sell Target @ 1630
AMAZING TRADE .... sitting on weekly green trendline .... just broken a trendline from above ... been anticipated for the at some months by me.... also 200dema on 1D chart is a lil far away can be treated as tgt1 but if seen that it breaks 200dema on D chart than a further up move can be seen. Not to forget about the Mother candle made on 30th April created many...
Bata at the weekly support line Don't miss the chance...
Do your own research before trading or investing.
BataIndian near weekly demand zone.
Previous resistance acting as a support. Buy BATA INDIA if it holds the level of 1450 and hold for the upside targets of 1620/1710 . Make an exit whenever prices starts falling below the level of 1400.
Bata india shows good volume .. recommended buy @CMP (1550) ---> target of 1700s
Side Ways Range Accumulation Done Break Out With High Volume Done Pull Back with Low Volume Done Ready to go north...