BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA ,
we can see that, after the breakdown of Trendline, much of selling has not happened.
We might a bull momentum from here.
Expected momentum is shown in chart.
20.60INR
3.23 BINR
34.52 BINR
63.74 M
About BATA INDIA
Sector
Industry
CEO
Gunjan Dineshkumar Shah
Website
Headquarters
Gurugram
Employees (FY)
10.9 K
Founded
1931
ISIN
INE176A01028
FIGI
BBG000D2WP09
Bata India Ltd. engages in the manufacture and retail of footwear for men, women, and kids. It operates under the India and Outside India geographical segments. It offers a range of footwear products and accessories under the Bata, Hush Puppies, Naturalizer, North Star, Marie Claire, Weinbrenner, North Star, Scholl, Bubblegummers, and Disney brands. The company was founded on December 23, 1931 and is headquartered in Gurugram, India.
16% correction in BataIndia?Looks like there are chances for Bata India to correct 16% from here i.e to test 1278 level this year as per fib level, lets keep an eye on this stock
BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA ,
we can see that, it is at decision making point.
Also, Pinbar is created.
Enter on breaking of Pinbar high with Low as SL.
Bata India ( weekly)Date 16.03.2024
Bata India (weekly)
Good risk reward for longs
Taking support of long neckline of descending triangle
Again make or break area
Bata India head and shoulder- this stock is trading below this year pivot S1
- pattern saying head and shoulder so wait for some correction
- also, at present the market is moving downside
- Broken weekly pivot S1
- Broken the trend line lower side
- 2022 pivot s1 1339 is the next support
- 2020 pivot s1 1285 is the next s
[ POSITIONAL ] BATAINDIA LONG BETrisk: 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
Bata India Expected tracement of bata India..taking support twice on same level...forming a double bottom..a bullish reversible candle..
BATA INDIAThe business of Bata India Ltd. is the production and sale of shoes for children, women, and men. It functions under the geographical divisions of India and Outside India. Under the labels Bata, Hush Puppies, Naturalizer, North Star, Marie Claire, Weinbrenner, North Star, Scholl, Bubble gummers, and
Consolidating againBATA - Consolidating again at the same levels as in 2023.
I already took position at 1400.
It should give a chance to enter again between 1405-1390.
This might test patience for few weeks to a month.
Keep an SL at 1380 . Long SL 1375.
Also keep CELLO, DOMS, FLAIR etc school/office related stocks
See all ideas
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Frequently Asked Questions
The current price of BATAINDIA is 1 346.00 INR — it has increased by 0.26% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange BATA INDIA stocks are traded under the ticker BATAINDIA.
BATA INDIA is going to release the next earnings report on May 23, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for BATA INDIA has a max estimate of 1 800.00 INR and a min estimate of 1 000.00 INR.
BATAINDIA earnings for the last quarter are 4.50 INR whereas the estimation was 5.47 INR which accounts for −17.68% surprise. Estimated earnings for the next quarter are 8.08 INR. See more details about BATA INDIA earnings.
BATA INDIA revenue for the last quarter amounts to 8.19 B INR despite the estimated figure of 8.68 B INR. In the next quarter revenue is expected to reach 9.49 B INR.
Yes, you can track BATA INDIA financials in yearly and quarterly reports right on TradingView.
Like other stocks, BATAINDIA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BATA INDIA stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 10.90 K employees. See our rating of the largest employees — is BATA INDIA on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BATA INDIA EBITDA is 7.86 B INR, and current EBITDA margin is 23.46%. See more stats in BATA INDIA financial statements.