BATA IND ready for bounceBuy BATA INDIA 1430, for 1480/1500/1530. Bata india formed dragonfly doji on weekly charts and bounced from there. MACD showing fantastic bullish divergence which is apparently for stock to go for bounce back trade. Invalid below 1380 on closing basisLongby winnersgameUpdated 114
Analysis of Footwear / Leather StocksSynopsis: The multiple footwear stock was analysed as weekly price movement is quite significant with record volume. Most of the stock bounced from support level and expected return will range from 20-40%. BATA – The price movement in channel, from support level, bullish breakout candle formed with record volume. Price above 20 & 50 ema and 200 ema (Rs 1618) may act as short term resistance. Target 18%, Stop Loss 5% KHADIM – The stock is range bound, from support level, the price recovered with significant volume. Price above 20, 50 and 200 ema. Target 40 %, Stop Loss below 200 ema SREELEATHERS – The price movement is upward channel, from support level, price bounced with good weekly volume. Price above 20, 50 and 200 ema. Target 40 %, Stop Loss 10% SUPERHOUSE LTD – The neckline act as support. Price movement with record volume and stock is above key moving average of 20, 50 and 200. Target 30%, Stop Loss below Rs 250 Note : For Campus Activewear and Mirza International analysis, refer the below link. Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations. Thanks -AJLongby IndieconomicUpdated 4410
Bata India Cmp 1459 Rectangle BO & RSI BOBata India Cmp 1459 dated 20-4-2023 1. Rectangle Consolidation BO done @ 1451 2. RSI BO Buy above 1470 (safe Trader) or risk taker can buy @ Cmp for target 1495-1555 SL 1420 It is just a view, please trade at your own risk.Longby SHEETAL_UDESHIUpdated 2226
Bata India - Round Bottom breakoutBata India Has given round bottom pattern and has broken out. CMP is 1581 My plan will be to buy above 1606 for 1661 and then 1741. Sl will be @ 1552. This is my out look and is not an invite to trade. Added to watchlist please use your own experience and logic before entering the tradeby Trade_with_Raghu0
BATAINDIA - Intraday Trade || 26th May, 2023 #stocks Traded for Intraday Today (26th May, 2023) BATA INDIA (5min TF) Entered LONG at 10:35am ✓ Achieved 0.66% ✓ R:R = 1 : 4 Exited LONG at 1:15pm ✓ The stock opened with a large red wick candle and above yesterday's close ✓ Waited for the marked to settle because it was not breaking the day's high or day's low ✓ It started to make a symmetrical candle so waited for a breakout ✓ On the breakout of the triangle on the topside we entered with SL below the triangle ✓ Target was 1:4 #stocks #intraday #priceaction #followthetrend #intradaytargethitby TradeRyteStockz3
BATAINDIABATAINDIA broke out of descending triangle pattern on an hourly charts with good volumes. Could be bought with mentioned stoploss & target.Longby TORTOISE_MSUpdated 0
bata india for long 1. base formation breakout 2. channel breakout 3. flag formation with strict sl one can go for long in bata Longby aadi_mantraUpdated 6
BataIndiaPrice is under falling channel with RSI showing +ve divergence It has also closed above 20dema after 76 session with good volumes and as per VSA analysis, even though volumes were higher candle stick spread is very small and this has appeared in a downtrend. It can be sign of smart accumulation here and breakout above 1450 could trigger good short covering. Daily Bollinger band has also become narrow and has got a potential of band blast on daily tf Keep this setup in radar.Longby aktradelearningUpdated 1
BATAINDIA Long Opportunity If price will comes at entry point before reach at target level then we can go for long up to given target. Trade at your own risk.Longby amit17gajjarUpdated 0
BATAINDIA swing tradeI will go long after mareket open half quantity. and will add another half when it crosses 1487. It is not a signal just my own trade. for educational purpose only. DYOR.Longby PiyushAnandUpdated 1
BATAINDIA 12th May 2023 bullish flagBATAINDIA formed bullish flag in 5 mins time frame. buy above 1533 SL 1525, Target 1539, 1546,1553,1561 Risk to reward is 1:2 to 1:3.5by rajender.kundhuri0
BATAINDIA looking good for swing / short term tradeTrend change in BATAINDIA and it looks good for swing / short term. we can buy at current level and average it if price comes to 1512 level, with SL@1477.25. TGT1 : 1610, TGT2 : 1666 Note : It's your hard earned money always trade with SL, I'm just sharing my analysisLongby ramkumargg0
BATAINDIABATAINDIA broke out of triangle pattern on an hourly charts with good volumes. Could be bought with mentioned stoploss & targetLongby TORTOISE_MS0
BATA INDIA BREAKOUTBata India breaking out a parallel channel after consolidation and trading above resistance so we can consider it is a breakout of channel and can go long in it for the target of 1483 and 1525 with the stop loss of a day candle below close of resistance and that is 1435.Longby Sonia-SinghUpdated 14
BATAINDIA - Rectangle channel breakout - 4% upside potentialBATAINDIA has given good breakout from 1440 resistance levels. Immediate target is coming to 1495-1500 levels (may reach in 1-3 days). SL: Hrly candle close below 1440. Note: Looks to have formed a good base and moving upwards. Looking good for med/long term investment with trail SL.Longby skandha1986Updated 4
BATA INDIA : WIDE RANGE FORMATION NSE:BATAINDIA Bata India forming a wide range on 30 min TF and plans to play in between the range or trade the breakout the volume is crucial to watch if the daily candle closes above the supply zone then aim for a swing move up. trade with proper stop loss and do your analysis too. like and comment your views below Thankyou Keep learning Happy trading by SANJAYPATIDAR_Updated 5
Bata India Chart Pattern IntradayOn higher Time Frame ( daily / hourly chart ) there is rectangular channel breakout. On 15m chart there is Wedge shaped consolidation. Keep on radar for intraday , Wait for breakout and confirmation. It is Positive for positional trading also. Note: Breakout not valid during first 15 minutes, Avoid in case of gaps.Longby zenni_10Updated 1
Bataindia BullishBataindia closing 1474.65. with stop loss is 1440 then targets are 1520-1550-1600+. Buying Reason. 1 --> Price is giving breakout then make the #consolidation then ready to breakout. 2 --> Price move from the support. 3 --> ADX is showing the Up move and +DMI rise. 4 --> RSI is showing a Bullish move and crosses the 60 levels. 5 --> Support is also given by 50 EMA. 6 --> Volume is also indicate the up move ready and volume is also good. 7 --> Bollinger Bands are open in Upside.Longby h24r240
BATAINDIAParallel Channel since the top was formed. expect more selling pressureShortby SunilDhawanUpdated 5
BATA INDIAStock is trading above 20 and 50 Ema for the first time after last November. Other footwear companies are also in top gear like Liberty shoes , metro , relaxo Looking good above 1495 fr target 1530 Sl 1455 Tsl 1470by Equityclub80
Bata has to take a decisionThe stock is coming to a long-term support level. Now 1360 is the key level. Sustaining above 1360 will make the stock bullish while trading below 1360 will show weakness on the charts. If goes bullish from today's price, then it will be a good risk-reward for a long setup. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.by anandliveUpdated 221
Bata India LongPoints considered: Bata India is trading in a downward channel from the November 2021 and is at the lower edge of channel which can act as support. RSI is in oversold range and cross-over can be expected in near time. MACD histograms indicating weakness in bearish trend. Long position can be opened with SL at the channel support. Increased volume seen in recent days.Longby Dheeraj_Gupta14Updated 6
Bata India Reversal CandidateBata India looks strong with a reversal in place. Keep the stop loss at 1390 with targets of 1600 and then 1650. Stock looks strong on technicals and has good relative strength at the moment.Longby jatin_agarwal3