BATAINDIA trade ideas
#BATAINDIAReaching the Indecision Zone at 1360
What a shunted fall, closing within the shunted range would be a swift movement
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+.
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.
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 Bhise
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***
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 1515,1525,1535,1550
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!!!
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.
Bata India may go further down till 1360 SL 1750 within few montAs per Harmonic PRZ pattern, Bata India may go further down till 1360 SL 1750 within few months
Bata India 1600 Make or breakBATA INDIA trading at crucial MOB level 1600.If close below 1600 and sustain we will get to see further fall.
at support with divergenceBATAINDIA is trading at support levels with classic bullish divergence.
Trade plan- a range breakout or bullish candlestick pattern
Bata India Cmp 1649 dated 30-12-2022 Triangle BOBata India Cmp 1649 dated 30-12-2022
1. Triangle BO 1650
2. RSI verge on BO
Buy above 1650 for target 1665-1700-1720-1735
SL 1625
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.
Breakout stocks for 02-01-2023 for Swing trading overall nifty looks to be bearish and and recommended 2 stocks for tomorrow
Falling wedge pattern reversal in BATAINDIABATAINDIA
Key highlights: 💡⚡
✅On 2Hr Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 1580-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong Downside rally upto below 1440-.
BATAINDIA has a target of 2052stock is at the start of CD leg of a GARTLEY pattern ........target of 2052
Bata India Elliot wave analysishi friend
you see bata india monthly time frame chart this stock complete 5 wave impulse and start correction a,b,c
BUY BATAINDIA - PRICE ACTIONBUY: 1161
TARGET:1730
TARGET 2:1755
TARGET 3: 1847
SL: 1601
In Demand Zone.
You can check support in the 1-Hour chart.
RSI Diversion
BATA in demand zonebata is now entering demand zone
stock was in pressure for last few weeks
can show a pullback move now from here owards
with stop at below 1550 it can zoom higher towards 1840-1870
BATAINDIA | Beautiful setup in weekly time frame - 45-50%BATAINDIA | Beautiful setup in weekly time frame - Looks potential for 45-50%
200 EMA + Channel / Trendline support
CMP : 1640
SL : 1450
Target : 2400
1:4 risk reward setup
