BATAINDIA trade ideas
BATA - Footwear ready to go LONG!With the kind of news, BATA is expected to cross 1350 levels initially and go towards 1740 in the long run.
BATA IndiaBata India Took Support And Made high 1285
Refer my yesterdays chart
Analysis is only for Educational Purpose
Bata India - Long Setup - Daily Hammer CandleOne can Initiate buy above 1315 as it will break recent swing high also for double confirmation
BATA IndiaGo Long if it takes support , Short if breaks the support
Analysis is only for educational Purpose
Trade Setup in BATA INDIAI am just sharing the potential trade setup with you,
If you know the Price Action you will be able to take a perfect decision at the perfect time!
BATA LOOKS LIKE THERE IS A CHANGE IN MARKET SENTIMENTS (BULLISH)Charts are self-explanatory, a level is created around 1294-1298, which the price is not able to break down. Stock looks bullish after 1304. Target : 1329/1352
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Analysis are my POV, if you got bucks in your pocket then do consult a financial advisor before investing :P :)
BATA Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Bata India - Looks good for a short from the channelBata has strong resistances on the upside now. Trendline resistance, Fibonacci (at 1308) and 50SMA. Thereby a short view on BATA. Initial targets on the downside: 1290/1278.
Long view on the same: Above 1310, Bata can a strong upmove as well.
BATA INDIA - Buying OpportunityBata India has breakout above 1322 levels. We can buy it for short term target of 1340 to 1395. I will keep stop loss at 1275 (safer side)
Its my personal view, do check with financial advisor before any investment. My views may go wrong :)
BATAINDIA - Descending triangle pattern formationDescending triangle pattern formation in BATA INDIA 30 mins time frame. Based on breakout you may go for long of short depends upon your risk reward ratio
Bata India trade setup for Monday 20 July 2020Two bullish hammer candles from last two days. Buy above the line. Target is the above the 2nd line.
Bata india stock to trade.We have seen the stock of bata india ready to gain momentum as per charts. This stock has trading in the channel zone & will get good results after the proper signal of BO or BD signal received. Now for technical analysis stock is making lower low for past few days. Now today we have seen good buying in the stock . On charts both sides marking has been done. Also stock is ready to cross the 50 EMA level. So as per charts this will likely to break out from the channel zone as upper resit. level is testing again & again. Long entry can be taken above the level of 1288 for the next target price of 1325. but due to volatility if BD then will update you. Also investors can buy this stock from the current level. Fundamentals of the stock is very strong & within next 2 months we can see the level of 1550 in the stock. So add the stock in your watch list to see the price action.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Beware of Longs in BataBata is standing at an important support, I see a head with double shoulders. On breaking on 1230, Bata might go way too down.
Today's (14th july 2020) candle is a bullish candle and Bata might give one final try to break its previous high of around 1340, which would act as a resistance now. I personally think the chances of a sustained upside are very less.
EMA21 has crossed EMA5 fron the top, which is a bearish crossover
Do not hurry up in building longs.
BATAINDIA - ShortBataIndia has made a descending triangle,upon breaking down 1270 level,then we will short it at this level.
