BATA INDIA - 1750+ TargetToday we have recommended this call @1610, expecting good upside in coming days
BATAINDIA trade ideas
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 !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍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
BATAINDIA | Range breakout Trading | +19 % Profit !! NSE:BATAINDIA
Positional Trading opportunity ! Weekly Chart Alert !
Technical Reasons to trade :- 🧢
1> Range Breakout .
2> Huge volume as well
3> Accumulation is done
4> Retracement areas are shown through arrow.
5> Rsi divergence just for educational purpose | example
some fundamental supports :-
1>Bata India to Merge Subsidiaries
2>Bata India Says Unit Approves Amalgamation
3>Bata India Plans to Add 100 New Stores in FY21
--CMP =1513
--Lot Size = 550
--Target = 1788 ( 19 % )
Guys check out the related ideas as well, it will work really well guaranteed !
FOLLOW for more !
LIKE if think is useful !
COMMENT Below your view !
BATA INDIA - POSITIONAL BUY STILL ACTIVEPOSITIONAL BUY IN BATA INDIA STILL ACTIVE
NOW KEEPING OUR STOP @ 1555
disclaimer - for study purpose only
BELOW ATTACHED PREVIOUS POST FOR REFERENCE
#bata #nifty #nifty50 #banknifty #niftybankNSE:BATAINDIA positional long if stay above current resistance. target harmonic PRZ
BataIndia 4hr ChartAfter breaking out triangle with heavy volume, price consolidating in a range with low volume. Watch for the rectangle/range breakout to enter long.
Bata India Box breakout happened and waiting for some upsideBata India Box breakout happened and waiting for some upside. Breaching 1600 can touch 1750, 1820, 1880+
