Bata India Limited channel breakoutBata India Limited channel breakout
Bata India Limited channel breakout
BATAINDIA trade ideas
Bullish NSE:BATAINDIABuy = 1949.45
SL = 1846.58
Target 1 = 2155.19
Target 2 = 2258.06
07/10/2021
Bullish NSE:BATAINDIA-->Bata India Ltd
Buy for short term
BREAKOUT IN BATA INDIA -- SWING TRADEBreak out on weekly chart stock is looking very strong. Refer chart for entry, sl and target.
Bata IndiaDisclaimer: This is for demonstration and educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before making any trade.
Hold in BATAThis scrip was closed today at ATH with good volume, so one can consider to long this scrip but before going long wait for some more days until it closes above 1975/2000 as there's a major resistance out there.
All set for huge returns!Closed above ATH . If sustains above 1880 on WCB, expecting 2200+ levels soon.
BATA INDIA (swing)looks great for swing trade , recently broke a channel patter in weekly tine frame , trading with high volumes, entry price 1943, stop loss 1814, first target 2127
Bata: Kadam kadam badhaye jaBata
Observations:
- higher top higher bottom since April 2021
- Cup and handle formation
The stock has a Cup & Handle target potential of around 2120, however it should be noted that sustaining above 1895 could also lead to fresh breakout into uncharted territory with further potential of even 2600 odd levels.
Multiple support around 1780 odd levels and 1687 level.
Risk :: Reward ratio looks good. On dips can be a good addition. Keep a close eye on the stock.
Take care & safe trading....!!!
BATAINDIA CUP N HANDLE PATTERN BREAKOUT DONE WITH HUGE VOLUMEAs you see on chart, price has formed nice Cup n Handle Pattern and Breakout done of the important Resistance level with great Volume
SWING TRADE OPPORTUNITY
BUY ABOVE 1725 FOR TGT - 1850-2000+ WITH STRICT SL @ 1550
BATA INDIA BREAKOUTBata has broke the resistance of ~1838.
Relative strength is just turned positive.
Volume delivery is also looking good previous red volume candles are small compare to the green ones.
We can see 20-25% upside in this stock.
Still it has pre-corona resistance at ~1873.
We have good support at 1700-1730 zone.
#TrendIsYourFriend
Positional Trade | Fundamentally strongThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
BATA INDIA is Ready to FlyThis stock made a parallel channel. Now the stock went above the middle line of the Bollinger band and also cross the pivot line. So, it shows a clear breakout.
Therefore, it shows a very bullish sign.
Short term TGT== Rs 1850
Long Bata India: Volumes picking up, breaking all resistancesHello Traders,
Bata India has moved up breaking above its all time high. With volumes picking up, we can expect it to give it a further upmove.
WIth 3:2 RR we can trade it as follows:-
My trade would be placed a follows: -
CMP: 1835
Entry price: CMP or 1835-1841.
Target: 1985
SL: 1736 (Daily closing basis)
If it opens at a lower price I would wait for Bata India to start moving up before taking an entry rather than buying at a lower price.
Happy Trading!
BATA INDIA LIMITED.NSE:BATAINDIA
cmp 1834
long bata for targets of 1st 2398 2nd 3251
keep stoploss below 1500
risk reward from cmp
16% loss if sl hit
26% profit on 1st tgt
73% profit on 2nd tgt
Bata India - Diwali + Back to office rush - Footwear UpSimple glance at Advance decline ratio gave me confidence of bullishness on this stock.
Diwali mandatory shopping + Back to office rush - Bata got to run.
It’s a no brainer.
2300 then 2400. try to book profits, at least some post 2400 level.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Near Breakoutstocks that are trading near their breakout levels. A move beyond the key level is likely to trigger fresh momentum in the short
How to identify out performers before the market starts.Chart filtered through chart patterns makes it easy to identify trades at an early stage.
Cup and Handle Pattern in Bata IndiaCup and Handle formation in bata as well as support of retracement level of .786 in Fibonacci Zone as well
Rising Channel@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
H&S Pattern Bearish Sign..Forming H&S pattern But yet not formed completely so take trade accordingly ....
For Short Levels given on chart ....
Take Trade on ur own risk....
