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.
BATAINDIA trade ideas
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+
Triangle BO for Bata!Bata has formed a strong bullish candle towards the close of the day, breaking the upper TL of it's triangle. Keep an eye on this one tomorrow as a long position can be initiated above the candle's close and can eye 1556 and even 1165 levels to be achieved.
BATA INDIA INTRADAY ONLYTAKE A TRADE AT OWN RISK
EDUCATIONAL PURPOSE ONLY
buy above 1549
1st target-1566
short sell below-1536
1st target-1527
last day we cover 14 point in intraday
BATA INDIA INTRADAY ONLYTAKE A TRADE AT OWN RISK
EDUCATIONAL PURPOSE ONLY
buy above 1549
1st target-1564
short sell below-1538
1st target-1527
BATAINDIA - NEAR BREAKOUT LEVELBATAINDIA
CMP - 1376
TARGET - 1573
ABSOLUTE RETURNS - 14.31%
TYPE OF TRADE- SWING
DURATION - 1 MONTH
BATAINDIA LONG BREAKOUTI hope you can now see how BATAINDIA represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BATAINDIA LONG(6 month consolidation over)BATAINDIA LONG above 1485
BO after 6 month consolidation
sideways zone is 1400-1210
weak below 1200
we may see target of 1700
above all important moving average
BATA INDIABata india has given flag breakout and if this sustain than target for 40 points minimum and if further sustain than 1600+. Buy on friday morning for more gain
POSITIONAL BUY IN BATA INDIA 2 ROUNDING PATTERN
RSI ABOVE 70 - SAYS STAY WITH THE UPTREND
ADX TURNING BULLISH
T1 - 1550, 12 - 1600, T3 1660
STOP 1400
disclaimer - trade at own risk.
