At good support can go long above 1288 or buy at dips
#BATAINDIA reversal started and today form the Inside candle with 7 day narrow range while ATR below 5. Today Stock closed on 20EMA critical level. Showing MIX result in Technical Parameter: CCI is treading down RSI is treading down Stoch is treading UP ADX below 10 ATR is decreasing since 3 day New...
#BATAINDIA is moving down since announced the Q3FY20 results in Feb month. Today created the NR7 candle and performed the breakout of privious NR7. Showing Bullish result in Technical Parameter: CCI is treading UP RSI is treading UP Stoch is treading UP DI+ crossed above DI- PSAR indicating bullish New...
About to break cloud on the upside and already supported by cross over.
#BATAINDIA is moving down since announced the Q3FY20 results in Feb month. it is making lower low and stock is underperforming from benchmark and sectrol index as well treading down from all Moving average that also show down trend in stock. Showing Bearish in Technical Parameter: CCI in oversold zone RSI is treading down MACD is treading down below 0 Stoch in...
A custom Fib level has been drawn from the candle that broke the trend from sideways to uptrend ... The next Long position entry can be taken from fib 70 area for uptrend best would be from around approx 1336 with first target of 1400 -> 1420 -> 1445
if price fail to break resistance, then trend line can become support.
Bata India (28 May 2020) CMP 1299.10 Double Top pattern confirmed. MACd and RSI going down. In the last 9 trading candles of 15 min 7 candles are sowing big sell volume, with the latest 15 min candle shrply showing high sell volumes. On a 15 min time basis the stock looks going downward towards 1265. T1: 1288, T2: 1275, T3: 1265 SL: 1310
As per chart analysis for bata india can be long @ 1339 for the short term level of intraday is 1348 & 1355. Soon Stock will cross the 50 EMA & at bullish side. please enter at the levels provided.. & keep posted .
BATA INDIA BUY @1330 TGT1352/1366 SL 1322
RENKO CHART IS BULLISH BUY for a short term gain Taregt - 1400 SL -1257
see new zone with control line short term trader can earn here
We can see a 11% drop in BATAINDIA within this week; This pattern will be confirmed once price breaks the neckline. Refer to this educational post about Double Top pattern ()