Bata india, forming a IHnS patternOn daily chart forming right shoulder and give breakout of pattern
BATAINDIA trade ideas
BATAINDIA BREAKOUT & RETEST #BATAINDIA (BATA INDIA LTD),1W 📈
Breakout & Retest done ✅
Stock has given breakout of TL Resistance with Decent volumes & closing in weekly TF.
Stock has successfully retested it's breakout level.
Stock is good buy above 1630-1640 for1815-1880 Targets with 1550 SL in short term
Stock will pick fast momentum above 1680 📊
Triangle breakout retest complete on BATA INDIATriangle breakout retest complete on BATA INDIA
First target : 1870
SL : 1520
BATA INDIA--> Breakout on cards 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
BATAINDIA : Cup & Handle PatternAfter taking support at the trend line it's forming the cup & handle pattern.
Will have to wait for the breakout above 1690. Probably it will face resistance and will take support at around 1700 and will retrace.
After retrace can go for long above 1700 for an immediate target of 1800. Next target 1900.
P.S. - This is not a trade recommendation. I am just sharing my personal view. Do your own analysis before taking any trade.
Any suggestions are welcome. :)
Bata India Bullish StructurePositional Trade: Buy Bata India
CMP: 1618
Target: 1680/1690
Stop Loss: 1580
#BATAINDIA .. Bullish BO with multiple support... 3R returnsCheck the chart.. I already entered at 1616 so RR is calculated according to that.
The RR is approx 3:1
BATA INDIA :Possible break out with VolumeI think Bata India has given a break out from symmetrical triangle formed from very long time. The Volumes are also very high. Might be a good chance, need to see the follow up candle. It is just for educational purpose only. I may be wrong. Evaluate by yourself, before investing. I am not SEBI registered analyst/trader.
Bata India Reasons to Buy
1. 38% retracement after bull run
2. Retesting on trendline
3. Weekly Rsi is about to be above 60
buy bataindiait has taken support of 50EMA which is green in colour. also there was support of master candle. we may 1690 in coming days. view negated below 1540
Bata - Short term bearishfalling from 22-06-21.. below 1616 entered bearish zone.. no support below 1595 till 1491..
[Buddha] Bata India Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
If short triggers I will skip.
BataIndia demand zone trade setup 2:1 trade setup on bataindia stock
Entry - 1558
SL - 1518
Target- 1638
Bataindia may give a good upside moveOn the weekly TF BATAINDIA can give good rewards after breakout and retracement from symmetrical triangle.
Keep an eye on it!
Keep earning! Keep supporting!
Bata India retests the trendline...possible bullish trendBATA India broke the trendline on June 10 and has now comes and has retested the trendline. This could be a good possible entry for swing trading.
intraday it can be possible to continue the trend after consolidation breakout in this scenario.
avoid if huge gap up happen, take if retest properly.
do your own study before taking any decision my analysis are for educational purpose.
Resistance broken , What is ahead ?I was following this scrip since few days, it seems like a potential player to achieve its targets in coming days
keep in your radar.
Bata India- To reach 1750 in the next few daysMy analysis is only for my learning purposes. I am just charting student.
