BATA INDIA NSE:​BATAINDIA

a decisive break below 1326 might take the stock towards channel support sl 1365

Weak below 1324 for targets 1313/303/295 with sl 1336.1 Thank you

Bata finally is showing signs of real weakness.. it has closed just below the 20 dma.. can have a small rebound in the very short term. but looks bearish to test 1280

NSE:BATAINDIA is good to short below 1270 with 1330 as SL. Target 1143-1026. It is exhibiting Bearish AB=CD, Yearly Pivot R1, RSI Bearish Divergence, Highest Call OI at 1300 and Dark Cloud Cover Candlestick Pattern.

Historically BATAINDIA got rejected nicely from 2.618 Fib extension as indicated in chart. It formed Double top pattern before starting correction Will it work this time too ? Lets wait and watch for price action.

Bata india has been enjoying celebrity status when everything was being thrashed. looks like the status is coming to end it has formed a evening star type pattern.looks like the much awaited correction atleast 20 dma is on the cards.. lot of faces will be smiling now :)

NSE:BATAINDIA === Stock may correct below level of 1290 till 1250-40 sl 1310 will be crucial. ===

Long if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...

A dose of hopium for comitted bata bears. Short at 1295 to 1300

stock was in uptrend now it made an inside bar and made tweezer top pattern which is a bullish trend reversal signal . so short if it breaks PDL with a stoploss at PDH

Bearish Gartley - BataIndia - 4hr PRZ: 1373-1377 SL: 1387 TGT: 1364, 1358 Harmonics in Action - 23-03-2019

Negative Divergence in BATAINDIA. Price is making higher highs while RSI is making lower highs.

Sell BATA at 1350 Stoploss 1386 Target 1290

Bata may move towards 1368/74/85 if it moves above 1353 and holds above it, as long as it holds 1346 level. Thank you

BATA India is showing RSI negative divergence on Weekly as well as Daily timeframes. Hourly timeframe analysis gives a Bearish Bias & a possibility of short term trend reversal. Can take a Short position on hourly candle close below 1328. Target = 1280 Stop Loss = 1345.

As suggested earlier, this stock is making new high every time, again it may find support near 1315 level pushing the stock to further high. Thank you.

#BATAINDIA CASH 13 MARCH 2019 SELL ONLY BELOW 1340 STOPLOSS 1350 TGT 1330-1332 (RISK FREE IF BREAKS BELOW 1328 FOR 1316/1302) CMP 1345 (ONLY REVERSAL ABOVE 1360 ONLY)

Till this channel is intact, this stock will make new high again. Thank you.