BATAINDIA trade ideas
Buy Bata IndiaBuy Bata India CMP 1591 Stoploss 1555 Target 1630
Study: Stock is trading near Pennant pattern retesting area...
BataBuy bata above 1620 trgt 1689 , 1765 , 1803 in 2 -3 months
wait for weekly strong candle
Stop loss 1515
Bata India is ready for the blastBata india is wearing its sport shoes and Its on its mark, Getting set for the GO
BATAINDIA | Good consolidation getting ready for next moveBATAINDIA | Good consolidation getting ready for next move
CMP : 1575 ((RSI is weak, so buy just 60% now, remaining at 1540 level but until 1480 there is no risk at all)
SL : 1450
Target : 1850
1:3 risk reward setup
BATA INDIA - 1750+ TargetToday we have recommended this call @1610, expecting good upside in coming days
BATA INDIA - LONG 23-12-20 New Positional Trade Idea
BATA INDIA
Cup With Handle Pattern Breakout At INR 1645/-
LTP ~ INR 1575/-
Profit Target Goal ~ 1850/-
Stop Loss ~ INR 1450/- Closing Below
ROI ~ 17% Long Term Holding
RRR ~ 2.20:1.00
Note:- Medium Financial Strength, Expensive Valuation With Technically Neutral
The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 13% from 50DMA and 200DMA
May some bull active here*Support taken from Fibonacci level.
*Support & Resistance level mentioned in chart.
Thanks for reading kindly let us know if you have any questions.
BATAINDIA - Long yetBataIndia - seems yet long for some more upward moves.
With a buy above 1590 and SL @ 1564, can be targeted for up to 1690 as follows:
Target 1 - 1620
Target 2 - 1650
Target 3 - 1675
Target 4 - 1690
Just like in any other trade , an ideal thing to do, in these volatile times, would be to trail SL as per the stock's movement. Will try and update the same in here too...
BATA INDIA SWING TRADEBATA INDIA 1 HOUR TIME FRAME
LOOKING GOOD FOR SWING TRADING
CAME FOR RETEST AND NOW FORMED DOJI CANDLE AT PREVIOUS SUPPORT LEVEL
ONE CAN GO LONG FROM HERE
EXPECTING 1640++
FOR EDUCATIONAL PURPOSE ONLY...........
Bataindia | Ascending Triangle Breakout 🎯=====================================================
⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕
--Buy above =1577 or CMP
--Target = 1641
--Stop-loss = 1564
--Lot Size = 550
--R:R = 4.83
--Expected Profit = 34,000 ₹ per lot ( 4.02% )
--Expected Holding =5-15 day only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade OR Strategy applied :- ⭕
1) Bataindia has given the breakout of asecending triangle
2) retracement is already done ...perfect time to buy it
3) pin bar & bullish engulfing pattern
4) target is set as per the height of the pattern
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Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
BATAINDIA (1783.15 - 1793.35 - 1804.50)BATAINDIA
Sell
E: 1783.15 - 1804.50
S: 1895.45
T: 1656.60 - 1571.95 & more
