BATA INDIA (LONG) Positional trade You can buy if it breaks the trendline on 15 mins timeframe with good volumes.
BUY AT YOUR OWN RISK
BATAINDIA trade ideas
Buying Opportunity in BATAINDIA 30% Target..!!(Medium Term)
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets out of CHIPS...!!
BATA INDIA ANALYSIS 04.09.2020BUY 1359
TARGET 1392
IF IT BREAK 1392 IT IS STILL POSITIVE MODE.IT WILL GO UP TO 1439.
LAST TWO DAYS BULLISH CANDLE WAIT FOR LAST DAY BREAK OUT.FOR BETTER CONFORMATION.
Buying Opportunity in BATAINDIA...!!!1
****Disclaimer****
Trade with risk management but don't get afraid of taking risks because the winner is who BETS as well as never gets out of CHIPS...!!
Visual Pattern Identification I am posting this as few have requested on visual patterns , it seems they cant identify and made an honest request to me
Those who are in Long or buy stay with it put the stop to cost , those who want to buy You can on dip in Cash , and Look to book near the forecast
Good luck
Bata Showing a BreakoutBata after a long consolidation finally broke out with good volume and from here it will continue the uptrend. Go long from current Level @1340
Fundamental Analysis shows company has zero debt which is very great in this coronavirus crisis.Current company is restructuring its business model.
Only for study purpose.
Intraday (31-08-2020) - Bata Indiamarked are intraday levels for 31-08-2020. Conservative traders may short sell below sell target 1.
BATA INDIA Multiple pattern brokenBATA INDIA NSE:BATAINDIA
--> Divergence triangle which created from 2 Jun Broken
--> create cup and handle pattern
--> Create pole and flag pattern
--> After bricking divergence Triangle also come for retrace and take support at trend line
-->Bullish Strategy
aggressive buyer can buy now and safe buyer may wait to cross 1350
SL- 1320
Target 1 – 1400
Target 2 - 1420
Educational VSA (volume spread analysis) pattern in BATA INDIA Test of supply at support marked by low spread bearish candles with high volumes.. Subsequent reversal from support with wide spread bullish candle and average bullish volumes. Potential candle for swing trading keeping target at resistance.
Bata India LongBata India is in Consolidation Phase .
It is in between channel between 1200 and 1450.Fundamental analysis of this stock is very strong.
This stock is buy on every dip for a long term investment purpose.
Disclaimer:Invested in this stock around 1235 with a stoploss of 1200
BATABata has broken out of trading range of many weeks.
Price is ready to shoot up.
SL : 1300
Target : 1400 - 1500 levels (Conservative Basis)
Risk Reward - 1:6
Target is much higher though.
BATA India: Bottom FishingBATA India is among the stocks which is yet to recover to pre-covid levels & still struggling near its low price this year.
ROunding bottom formation observed and it has started rising with volume gradually.
A volume buildup is clearly visible.
Price is trading above 20 DMA and RSI is increasing as well..
All indications are positive. Company has good fundamentals as well.
Top of the rounding bottom is on 1320 levels,
Enter above 1320 .
Target: 1450
SL: 1255
Bata india....... long setupEvery thing explained on charts. Stoploss will be provided once the set up gets triggered.
This is just my view..... Trade according to your own risk management.
Happy trading !!!
