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 YashhikaAggarwall0
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
#Bataindia cash : Looks good above 1480.10#Bataindia cash-Positional call 20.04.2023 Looks good above 1480.10 Stoploss 1455 Tgt 1515-1520/1560 Cmp 1458.85Longby anandnst0
Bata India looking good for Buy Bata India Ltd. (BIL) is the largest retailer and leading manufacturer of footwear in India, with 2,000+ retail stores as of December 2022. We downgrade to Accumulate rating (from Buy) and revise our target price to ₹1,620 (from ₹2,155), factoring current weak demand. Revenue grew by 7 per cebt YoY aided by an improvement in the premium mix. Average selling price (ASP) improved by 13 per cent y-o-y to ₹772. Inflationary pressure and an increased GST rate impacted volumes in mass categories, which is likely to improve gradually. Gross margin improved by 210 bps y-o-y to 54.8 per cent y-o-y, while EBITDA margin improved by 290 bps y-o-y to 22.9 per cent abetted by improved ASP and cost optimisation measures. Bata India targets about 500 franchisees by 2024 and has already opened 392 across 330 towns. This, along with store renovation, portfolio casualisation, and distribution expansion will support volumes. Measures to improve the supply chain and asset light retail expansion, will enhance margins. Given its strong brand recall & reach, we believe, the company can revive its revenue growth trajectory. We value BIL at 43x on FY25 EPS.by STOCKFORECAST071
BATAINDIABATAINDIA again took support around 1380 & bounced back, this is fifth time bataindia is not breaking below 1380, BATAINDIA is trading @ lower end of range which is 1380. BATAINDIA could be bought with stoploss below 1380(lower end of range) & Target 1445(upper end of range) Extremely Bullish Risk:Reward Ratio. Not to be missed. Longby TORTOISE_MSUpdated 1
[Newton] SNR Example Resistance Long CaseNote - 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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======Longby Amit_Ghosh1
BATA INDIA 15minBATA INDIA Looking good for downside.. When it break level 1387 and sustain.. it will go Downside... SELL BATA @ 1387 Target 1st 1380 2nd 1372 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome.. Shortby Prashant019Updated 1
BATA INDIAGo long in Bata India at current market price with the target of 1420/1440. Invalid below 1380.Longby suresh042110
Bata India inverted flag patternBata India inverted flag pattern can take short position after break outShortby bhandariarjun799Updated 1
Swing trade opportunity in BATAINDIABreakout in BATAINDIA in Daily Timeframe Entry - 1710 Targets: 1860 & 1940 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.Longby achandran81Updated 228
Bata India Cmp 1405 dated 3-3-2023Bata India Cmp 1405 dated 3-3-2023 1. Taking Support @ Support Line 2. Reversal from support 3. RSI Reversal 4. Volume Rise 5. Inside Candle Buy above 1420 (safe Trader) or risk taker can buy @ Cmp for target 1430-1455-1490-1540 SL 1380 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk. Longby SHEETAL_UDESHI6
BATA: Sideways to BearishNSE:BATAINDIA has overall a range bound of 1320 to 1400 range. However if 1370 is broken (mentioned in green color small support line) it will retrace back to 1330/1340. If we look at the OI Data: Very high fresh call addition at 1400 strike. If Bata persists below 1370 for 30m, buying a 1380 (or better) 1400 Put (29th March) seems lucrative trading option. Or even better a Bear Call Spread : BUY 29th March 1400 Call Option SELL 29th March 1300 Call Option RR: 1:2 PoP: 42% Margin: 42k. Breakever: below 1369 (where is our support line) All the best! Shortby pradipandsuvra0
#BATAINDIAPrevious Low reached and ICMC from the level Significant fall below 1405 levelby krishnakhanna1
#BATAINDIAReaching the Indecision Zone at 1360 What a shunted fall, closing within the shunted range would be a swift movementby krishnakhanna1
Falling wedge pattern breakout in BATAINDIA.BATAINDIA Key highlights: 💡⚡ ✅On 1Hr Time Frame Stock Showing Breakout of Falling wedge Pattern . ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1520+. ✅Can Go short in this stock by placing a stop loss below 1410-. ✅breakout this can give risk:reward upto 1:9+.Longby TradZoo3
Positive RSI Divergence on 1 HRPositive RSI Divergence on BATA 1-hour chart. RSI is increasing on an hourly basis while the price is decreasing. Longby harsh02shah2
Recession and Bata what is Relation ???Now day everyone is talking about recession, And worldwide so many companies are cutting cost and fire the employee. Directly Indian companies are not looking to cut employees but it's affect is clearly visible in stock market. It's my personal us for my view Bata India is affecting and example of this things. On a weekly time frame on daily time frame I am looking Bata India downside at 1200 level. I will update my view time to time on Bata India if you are looking position on Bata India , you can look for March future. i will update this idea time to time, keep connected with me your comments are most welcome i am always online thanks regard Ravindra BhiseShortby RavindraBhise0
BATAINDIA 15 min chartHello Everyone, BATAINDIA on 15 min chart inside traded 15 min white huge candle,its mean sellers power decresed and buyers try push up, * BATAINDIA on Daily chart continue fall this stock select only intrady purpose and swing trade if break 1442 levels then we will see next levels 1450,1465 but if break last 15 min candle Low then plan to sell side 1428 support zone *those levels only educational purpose, we not provided tips and calls. ***LEARN AND EARN***Longby POWER_OF_STOCK_ANALYSIS0
Bata go Long Bata Stock testing the previous demand zone it will resume uptrend till 1550. buy Bata at or above 1500 stop loss 1485 targets of 1515,1525,1535,1550Longby rakeshreddymUpdated 4
BATAINDIA Down to its major support ??!!Chart patterns suggests the above opinion... 1. It is travelling in a 7 year channel pattern from 2015.(red and green line) 2. I noticed the shorting possibility at the purple trendline breakdown...forgot to add the idea here. 3. Now, it has formed a beautiful bearish flag and given breakdown again (giving a target downside to roughly 130points) 4. Target can be the Green line support down. 5. SL - 1730 (safer)....bit risky SL- 1758.25 Let's see whether it's going to take or break the support!!! Note: just sharing my view....neither a tip nor advice!!! Shortby mmjimmUpdated 772
Bata - Long SetupA trade setup with a nice risk-reward ratio. Momentum may come if the price crosses 1585. All levels are mentioned on the charts. Only for learning and sharing purposes, not a piece of trading advice. Trade wisely and calmly, do not go into gambling. Consider stock trading as a regular business. All the best.Longby anandlive1