Bata - Short term bearishfalling from 22-06-21.. below 1616 entered bearish zone.. no support below 1595 till 1491..
BATAINDIA trade ideas
[Buddha] Bata India Inside Bar TradeLong 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 in first 5 minutes and follow ORB strategy.
If short triggers I will skip.
BataIndia demand zone trade setup 2:1 trade setup on bataindia stock
Entry - 1558
SL - 1518
Target- 1638
Bataindia may give a good upside moveOn the weekly TF BATAINDIA can give good rewards after breakout and retracement from symmetrical triangle.
Keep an eye on it!
Keep earning! Keep supporting!
Bata India retests the trendline...possible bullish trendBATA India broke the trendline on June 10 and has now comes and has retested the trendline. This could be a good possible entry for swing trading.
intraday it can be possible to continue the trend after consolidation breakout in this scenario.
avoid if huge gap up happen, take if retest properly.
do your own study before taking any decision my analysis are for educational purpose.
Resistance broken , What is ahead ?I was following this scrip since few days, it seems like a potential player to achieve its targets in coming days
keep in your radar.
Bata India- To reach 1750 in the next few daysMy analysis is only for my learning purposes. I am just charting student.
BATA INDIA SHAREThis stock trading sideways channel under support zone 1650 to 1630 and expect upside 1700 in next 5 Trading days
Bata india short intradayNSE:BATAINDIA
LL LH formation + trendline breakdown
short target 1630. entry at 1650 retest
BATA #StockMarket #StockToWatch DECENT BO OBSERVED IN BATA..
GOOD ENTRY FOR INTRADAY TARGETS ..
ALSO CAN POSITIONALLY HOLD FOR ATH LEVELS...
STOPLOSS ON A TRAILING BASIS....
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REFER CHART FOR ALL DETAIL LEVELS
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STRICTLY PUT SL IN EVERY TRADE
Bata - Cautious BreakoutCheck for volumes confirmation then only buy.
Without volumes, BO cannot sustain
[ Intraday ] BATAINDIA Long Betr : R ratio is 1 : 2
Rest as per Charts
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 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.
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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. (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.
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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.
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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.
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GOOD OPPORTUNITY TO SELLThis share may be forming a double top pattern so it might be a good selling opportunity.
LONG BATAINDIATrendline breakout in BATAINDIA, Upside momentum is expected.
TARGET : 1805
LTP :1605
STOP LOSS : 1505
DISCLAIMER : We are not SEBI registered investment advisors. Consult with your financial advisor before initiating any trade. We are sharing this analysis for educational purposes only. I may or may not hold any position in underlying security.
