BATAINDIA trade ideas
BATAINDIA | Previous resistance / supply zone now support - 25%BATAINDIA | Previous resistance / supply zone turning into suport Looks good for 25%
CMP : 1495
SL : 1420
Target : 1850
1:5 risk reward setup
Bata India Buy Above 1440Bata India CMP 1427.6 Buy Above 1440 For Target 1450-1460-1470-1480+
SL 1420
Bata - as I seeThe chart gives a target like this. What could be the reason? Stop loss is one's discretion.
#Bataindia cash : Make or break level is 1390-1400 levels#BATAINDIA CASH
29.03.2021
MAKE OR BREAK LEVEL IS 1390-1400
(Close below 1390-1400.. weakness will be seen
if holds 1390-1400.. it will bounce back
Cmp 1411.95
BATA INDIA Trading SetupBATA near its previous important levels and also making a bullish hammer candle on the daily.
short bata india forming descending triangle in 1 day chart
sell bata india target of 1465,1437
cmp 1493
stop loss 1529
risk reward ratio 1:2,1:3
Bata at lower channel lineDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------
Bata trading in corrective channel and about to commence Z wave. If this is corretive wave the will stay in channel otherwise in case of channel break it will be termed as impulse wave.
Support zone 1450-20
Stop loss 1288
Target 1890-1900
Head & Shoulder Pattern formed on DAILY CHGART ACtion to be taken as per the chart … Below 1440 idea is not valid ….
Bata Long IdeaBata is form cross channel pattern , when it cross above 1560, treat it as a BO. Long Trade can initiate after that for mentioned targets in diagram.
