BATAINDIA trade ideas
Watchout Bataindia tommorow it can breakout..!!
****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...!!
bataindiabroke down below strong support. If sustains below this level, the stock could come down to 1100 levels
Bata India - PositionalThe stock is under consolidation under a long term support turned resistance
Buy if it breaks above 1250
BUY BATAINDIA -- daily chart1.Go long on bataindia .
2.Trendline brake with volume .
3.Triangle pattern breakout .
4.Retracement also happened
5.perfect area to buy .
BATA INDIA BUY ABOVE 1234BATA INDIA BUY ABOVE 1233-1234
TARGET: 1239, 1245, 1251
Condition: If sustain above 1233-1234 on hourly candle only
If trade and sustain above 1250 then 1280 possible; Sell below 1200 for target of 1150
Posting for Educational purpose only
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Bata Looking BullishStock has lost in recent sessions but adhering to the support line and the important levels
The Stock is taking support at 1213 levels and hence need one more positive candle to confirm the uptrend
Buy levels triggered only after closing above today's high
Target of 1343 in couple of sessions
Stop loss would be 1213 levels
SWING TRADE #2 BATA INDIABATAINDIA share bounced back from it's demand zone near 1240 rs., and now crossed above 20 days exponential moving average, one should enter for twing opportunity.
important levels are
entry range : 1280-1290
stop loss : 1250
target : 1400
THROUGH CHANNEL MOVEMENTONLY FOR EDUCATIONAL PURPOSE , TRADE AT YOUR OWN RISK. IF YOU ARE IMPRESSED WITH MY IDEAS PLEASE DO LIKE AND SUBSCRIBE.
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BATAINDIA is about to go UP - Trade in BATAINDIA AUG FUTBATA INDIA is near it's long support line and about to break out.
RISK/Rewards are mentioned in the chart.
SL - 1255.7
Target - 1352.5
bata india report 1) down fall has finished took a strong support at 1241 points
2) wait for the break out at 1286.
3) if the candle closes above 1286 then the bulls can rally up to 1460 without any hurdles.
4) if the points breaches 1241 support zone , next bearish rally continues up to 1000 points.
5) wait for 2 to 3 trading session to know further in detail.
tips : buy at dips without second thought.
Disclaimer note: this is for study and analysis purpose.
[Intraday] BataIndia Trading PlanAnyways, As we can see there is huge compression, so any attempt of breaking this range will be a huge short covering or long unwinding!
So I am betting intraday huge breakout or breakdown when it happens.
[Positional] Bata India Short IdeaAs per charts.
Bata India has unlimited consolidation.
It has not rose that much since that huge covid fall, instead it is just consolidating. Anyways, Who will buy shoes in pandemic. I do not think Bata's shoe sales will have significant rise post covid too.
90% sales down and no production
One Right Trade's Swing Trade Idea #79 : Buy on BATAINDIA Please do like and share the idea in case you find it good and follow it for further updates on it for benefit of everyone. Also, please comment if you have any feedback. This idea by one right trade is only for study purpose and is not a trading call.
