BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA ,
we can see that, after getting multiple rejections, It has now given strong Trendline breakout.
Let it hold her fir 1-2 week.
Expected momentum is shown in chart.
BATAINDIA trade ideas
BATA INDIA analysisBataIndia is approaching the 2022 bottom price, indicating a potential upward trend. Breaking the resistance level at the lowest point of 2022 could lead to targets at 1625, 1642-47, and 1660.
Bullish invalidation on the rejection of resistance range of 1640-1625
Prices on rejection will be looking for a downside target of 1575 and 1510 as initials.
Symmetrical Triangle pattern breakout in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1600+.
✅Can Go Long in this Stock by placing a stop loss below 1520-.
BataIndia TargetsBata India targets done downside 1.5% and upside 5.5% plus counting. see updated chart of june 24
BATAINDIA (Daily)BATAINDIA (Daily)
CMP 1516
Stock in consolidation phase
near resistance zone can break any time
Bata IndiaDate : 09.07.2024
Bata India
Time Frame : Weekly
Remarks: Bata India has reached at most interesting point where support/resistance band + 200 ema + ascending triangle trendline have confluence. If any breakout from here will push for high momentum upside rally up to 15%-20%.
Remember so far same area has been a tough rejection zone based on ascending triangle pattern, therefore enter to trade after confirmation of breakout of daily basis or if any gap-up opening & open = low for first 15 mins
* "Trade & enter as per individual's risk appetite"
Regards,
Ankur
BATA - long for 25 %1.price reversing from support with a bullsih engulfing bar
2.falling wedge with positive MACD 3-6 divergence
3.hammer on monthly charts
target and SL marked
A DOWN FALL WILL BE THERE1513 Is a good Resistance.There is a manipulation towards upper side. Now it is trading below resistance. short position is available towards the low
BATA INDIA 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
BATA INDIA Looking good for upside..
When it break level 1496 and sustain.. it will go upside...
BUY@ 1496
Target
1st 1526
2nd 1551
BATAINDIA JUL FUT – LOT 10 (Qty-3750)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
Bata India - Beaten Down Branded Value All levels given on charts. Awaiting breakout above 1482 close on daily. Great PF stock for long term as well. Trim as targets get hit and hold profits for free. ✌
BATAINDIA TARGET 1656 STOP LOSS 1456Script formed inverted head and shoulder in weekly and neck line breakout happened. There is breakout possible of downtrend resistance line. If it sustains above in weekly 1513 it will reach the target of 1656.
Buy Bata India for a target of 1650Buy Bata India for a target of 1650 in 20-30 trading days. Has broken out on weekly time frame, can be added to portfolio
the uptrend has resumedBata CMP 1513.75
This is the monthly chart. this uptrend should fallow the same angle as the one in the larger uptrend. Break of the falling trendline will be very positive. It will hit the trendline at 1560 which is also my first tgt for traders. For investors just hold. One more very imp point the trendline crossover is indicating Aug25 as an imp date. which also means any imp change in trend will happen around this date so till then hang on
BATA_INDIACurrently BATA INDIA Trading around 1513 with Positive Note.
Strengths:- Stock closed positively in daily timeframe with Bullish retracement candle.
:- Pullback retracement after consolidation.
Negative Note:- Stock closed higher of 5.04 % , It may consolidate somedays ad give breakout for options traders.
Bullish Flag pattern breakout in BATAINDIABATA INDIA LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1630+.
✅Can Go Long in this Stock by placing a stop loss below 1432-.
BATAINDIA FLAG pattern in makingBata India is consolidating and forming a flag pattern on 4 hour chart. We can expect target of 1600+ with SL 1380.
Bata India Flag patternBata India chart Formed Flag pattern after the wedge breakout.Wait for the breakout of flag's SnR.
Bata Long Term - Bullish - Elliot Wave CountHi Friends,
Bata has retraced 0.78% of previous impulse. It is setting up nicely with favourable risk reward ratio. There has been nice accumulation in volumes/delivery. Seems to be breaking out of correction. Strong tailwinds in consumer durables might propel it to larger 3 wave.
Targets are marked in the chart on the basis of fib projections.
MNC stock available at a heavy discount Bata India CMP 1346
Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done.
MA- support also at the zone.
Candlestick- Doji at the support zone.
Fib confluence on the hrly charts is telling me the stock is ready to move up.
At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.
16% correction in BataIndia?Looks like there are chances for Bata India to correct 16% from here i.e to test 1278 level this year as per fib level, lets keep an eye on this stock
bataindia falling wedge breakout donebataindia falling wedge breakout done
can look for tp of 1447-1451
