BATAINDIA trade ideas
Bata india soon 1750 high Bata India making support 1680 and resistance 1700 and it makes the high lower,low higher pattern and it's a bullish pattern
[POSITIONAL] BATAINDIA LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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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.
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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.
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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
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BATAINDIA - Upside for short term - LONGBATAINDAI seems to be sustaining above 1700, after trying to break the resistance multiple times. Good upside can be expected to be seen once the movement sustains. Stock looks good for a LONG position, with a short term Target of 1755 and a Stop Loss on Closing below 1682.5 on a daily basis.
** Important Note - This post is my own study of the mentioned scrip and the views are given with reservation that they may prove to be wrong. I am not a SEBI registered analyst. Please consult your investment advisor before making financial investments.
#Bataindia watchlist stock for potential short term breakout#bataindia watchlist stock for potential short term breakout
all timeframes are bullish in momentum and trend.
at a 2 year old major resistance zone and daily volume spikes seen that could be attempting to breakout.
momentum showing a bounce from the support on daily after range shifted from sideways to bullish
rounding bottom on daily seen.earlier june attempt failed and so entry with tight slop loss and only after green close above resistance.
trade for short swing /short term since another resistance exit 100-200 points away
BATA INDIAOn Daily time frame BATAINDIA showing the breakout of cup and handle pattern. After this breakout expected it will continue it's bullish rally upto new target of 1850+ in short term time period. Can go long in this trade above 1700 for target of 1850, 1950 and 2080+. Downside weakness possible in case it's started trading below 1545 so we can place our stop loss at this level.
bata indiai would like to enter if the stock gives strong break out at 1740 (like fake green candle )
and take support at 1740 like arrow placed with good volume expansion
Cup and Handle Pattern in BATAINDIA for Target of 2080+On Daily time frame BATAINDIA showing the breakout of cup and handle pattern. After this breakout expected it will continue it's bullish rally upto new target of 2080+ in short term time period. Can go long in this trade above 1700 for target of 1850, 1950 and 2080+. Downside weakness possible in case it's started trading below 1545 so we can place our stop loss at this level.
buy bataindiait has formed cup & handle pattern breakout with huge volume and also lagging span is also free. we may witness huge upside in coming months. view negated below 1600 clbs
Cup and handle in Bata IndiaCan be bought at these levels, must wait for the target, it's a positional trade.
Rounding bottam formationBata India has formed rounding bottom and not able to breach the Resistance.
BATA head and shoulders trend reversal pattern we can see the formation of head and shoulder pattern which is a trend reversal pattern in uptrend and the price is at neckline
and we can also see bearish dma crossover so we can see 3 green arrows at different levels which will act as S1, S2, S3 ,
S3 is a very strong one we can accumulate if price comes there (S3 is covid level)
or we can buy on dips at different support levels,
or simply we can buy when bullish dma crossover happens
for intradays look for candle stick patterns and use 3ema crossovers of 14, 21,50 with rsi & macd based on those support and resistance levels
disclaimer- trade at your own risk this is just my idea and view this is not an investment or trading call
thankyou for reading
long this, breakout of cup and handle pattern.can we treat it as a BO of cup and handle pattern?
cmp - 1690
sl -1590 (should be below round number)
target - 2050
BATABata looking good prior to results. Nice cup n handle kind of a pattern have been formed and breakout is yet awaited. Above 1020 can lead to a upmove.
Bata IndiaBata India Breakout on Daily chart retesting the support levels. Bullish pattern on the chart self explanatory.
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Bata Cmp 1676 dated 9.8.2021Bata Cmp 1676 dated 9.8.2021
1. Trendline Resistance @ 1695.
2. Rectangle BO @ 1695
Buy above 1680 for a tgt of 1730-1760-1800-1840
SL 1635
It is just a view, pls trade at your own risk.
bata india at its resistance level at 1677 long call 1800Bata India is at its resistance level and it makes third time flag pattern and earning is in 5 days if the result good it breaks its resistance level 1677 and move to 1800 in 3 months
inverted H/S pattern in BATAINDIANSE:BATAINDIA
BATAINDIA formed like a inverted head and shoulder pattern which is bullish once its close above the neck line (red zone) 2118 levels may see in mid term wait for the close in weekly time frame and retest to entry keep eye on this mwpl contract also countinuously decreasing indicates highly parctipated in F&O
