Bata India ( weekly)Date 16.03.2024 Bata India (weekly) Good risk reward for longs Taking support of long neckline of descending triangle Again make or break area by AnkurSingh4
Bata India head and shoulder- this stock is trading below this year pivot S1 - pattern saying head and shoulder so wait for some correction - also, at present the market is moving downside - Broken weekly pivot S1 - Broken the trend line lower side - 2022 pivot s1 1339 is the next support - 2020 pivot s1 1285 is the next support - 2021 pivot s1 1090 is the final support please find this link for hdfc bank analysis This analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser. by johnjen2088224
[ POSITIONAL ] BATAINDIA LONG BETrisk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings Longby Palkesh_AgrawalUpdated 223
Bata India Expected tracement of bata India..taking support twice on same level...forming a double bottom..a bullish reversible candle..by rushikeshpalod1002
BATA INDIAThe business of Bata India Ltd. is the production and sale of shoes for children, women, and men. It functions under the geographical divisions of India and Outside India. Under the labels Bata, Hush Puppies, Naturalizer, North Star, Marie Claire, Weinbrenner, North Star, Scholl, Bubble gummers, and Disney, it sells a variety of footwear items and accessories. After nearly a 22% correction, Bata India is attempting a positive retracement. It has the ability to gain significant momentum if it reaches the 1445–50 and 1460 levels. I believe that after passing the 1445–50 mark, it might reach 1530, 1580, or 1600. SL will test your tolerance for risk. This is solely being done for educational purposes. It is not advised. Kindly consult your advisor before to making any investments.Longby KP_77Updated 1
Consolidating againBATA - Consolidating again at the same levels as in 2023. I already took position at 1400. It should give a chance to enter again between 1405-1390. This might test patience for few weeks to a month. Keep an SL at 1380 . Long SL 1375. Also keep CELLO, DOMS, FLAIR etc school/office related stocks on watchlist. BATA, BANK OF BARODA and COLPAL always gave me money where ever I entered, They gave me capital to trade. Do you have any companies like that? Longby RS_V1
BATA INDIA Long PositionalDate : 24-02-2024 Buy BATA above 1561 Target of 1632-1699-1741-827-1922-2115 SL 1339 Strategy : Bottom Pick, Reversal may be seen Entry should be above 200 EMA Duration few Weeks to Months Please consult your financial advisor before investing All research for educational purposes only.Longby IOTABHIUpdated 5
BATAINDIA with 1:14+ RR trade set up1. Set up: Reversal 2. Triangle set up 3. SL: Follow weekly closing basis 4. RR 1:14+ 5. Probable bottomed out stock ready for massive upside moveLongby KarniKripaa0
bata India head and shoulderhead and shoulder on weekly chart EMA Cross over done and stock move down side standing on pivot S1 if S1 is failed to support may the fall continue further this post is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser by johnjen20883
BATAINDIA in consolidation zoneBATAINDIA is in consolidation range of 1393-1493. Since the company has good fundamentals and decent growth in EBITDA and EPS over the years, it seems good time to start accumulating at these levels. SL below 1393 on closing basis.Longby greenhorizoninvestments112
#BATAINDIA 15m Support & Resistance - 27 Feb 2024Support and resistance levels are key concepts in technical analysis, a method used to evaluate and forecast price movements in financial markets, particularly in stocks, forex, and commodities. Support level refers to a price level at which a security or asset often finds buying interest, preventing its price from falling further. Traders and investors view support as a psychological or structural level where demand for the asset increases, leading to a potential reversal or a slowdown in price decline. Conversely, resistance level represents a price point at which a security or asset frequently encounters selling pressure, hindering its upward movement. Resistance is seen as a level where supply increases, potentially causing a reversal or a stall in the upward trend. These levels are crucial in decision-making for traders, providing insights into potential entry and exit points, as well as helping identify trend reversals and price consolidation. Analyzing support and resistance is integral to developing effective trading strategies and risk management plans.by QUANTECHNICAL0
BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA , we can see that, it is at decision making point. Either we will a strong selling or a W shape recovery. Trade with SL.Longby JatinManani2
Bata India: 7% upmove from CMP possibleHigh probability reversal trade from a key trading areaLongby TradingBanker5
Buy Above 1453Good Opportunity for well down stock Buy with given stoplss approx 5%Longby AhmedabadTradebulls1
Time to Buy BATA Having Good fundamental stocks and good value discounted Stocks Technically taking support at CMP Potential to reach 1600 as per technical Hold till AprilLongby arezkumar911
Bata - Positional SetupThe stock has been going down in recent sessions. Now indicating a possible reversal by forming a double bottom and increased volumes. The most important factor in this setup is the exit, if does not go in the desired direction. One should strictly follow the predetermined risk. If goes well, then the risk-reward ratio is quite good according to the projected targets. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.Longby anandliveUpdated 225
BATAINDIA Trade Setup- Bata is trading at a good order block - The last origin of the impulsive move was from the same place - I expect the same to happen this time too - This is the zone where you guys should be watching out for swings with a stop loss of 2%Longby VKtradesimbalance2
Bata India - Buy Position for long term This is weekly chart analysis done. It May create W chart pattern in weekly basis. It is also in triangle Pattern. Buying position : 1390 Stop Loss : 1335 1st Target : 1550 2nd Target : 1600 3rd Target : 1800 Note : Before taking any trade do your analysis. Longby amirsanas112
bata India symmetrical triangle pattern- symmetrical triangle pattern has formed in Weely chart - yearly narrow range stock - ema crossover has done and bearish engulfing candle has formed - if break the lower trend line stock may fall further - but at present the stock is trading at this year support level (S1) so, there is some chance to get trend reversal and to become bearish mode. - watch the stock and consider according to it It is just a view, please trade at your own risk. I'm not SEBI registered adviser.by johnjen2088Updated 2
Bata India - Bata is a good International Brand, Dip has come due to poor results. - Debt has increased, Reserves are adequate - Negative. - Promotors holding is good & no promotors are pledged - Positive. - Head and shoulder pattern on monthly chart,Tgt of H & S is marked in White vertical lines. - Triangle pattern on monthly chart marked in aqua/skyblue colour. - Volume is decreasing,it indicates lacking interest of investors. - Price is below 200 EMA on Daily & Weekly chart. - Support levels & Demand Zones are marked in green. Long Term:- Accumulate 10% at 1360 - 1260 Accumulate 15% at 1100 - 1000 Accumulate 25% at 820 - 720 Total 100% Qty average at 962 Tgt 2000 - 2200 Stoploss 650 Swing & Positional:- Buy 1360 - 1260 SL 1135 Tgt 1540 - 1650 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered. Happy Trading :-)Longby MasterTrader1949X228
BATA INDIA BULLISH HARMONIC BAT PATTERN PRZ NEAR 1420-1375BATA INDIA is an interesting chart with following 1. Bullish Harmonic BAT Pattern under formation on weekly chart 2. Price Reversal Zone as per Pattern is near 1420 - 1375 (below 1350 pattern fails) 3. Dozi formed on weekly chart with huge volume. 4. can be a good contra buy on dips with Low risk Reward as next resistance on upper side is at 1590-1610-1660 which can act as good targets. one can wait for price confirmation to go long or can aggressively add on dips as per one's own risk and reward analysis. Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix. Longby purisonshuf226
BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA , we can see that, it has taken a Halt on support. In Lets wait for it to take Up move from here.Longby JatinManani0
BATA- SANTU BABA - DOUBLE BOTTOMBATA- SANTU BABA - DOUBLE BOTTOM 1) DOuble Bottom 2) Super Lower 3) 100 % gain possibleLongby saurav09910