BATAINDIA trade ideas
descending triangle can be seen at 1 hour chart bata india.looks good buys above 1396
price action chart for ideas only
BataIndia from 10 June 2020A 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
Buy at 1420 pure positionalBuy above 1420
target
1450
1470
1494
positional -- buy 250 quantity in cash
stop loss of 1397
BATAINDIA - Trade No 02Trade No - 02
BATAINDIA gives breakout and bullish closing on 2 june .
Trading History -
Buy - 1334.80
Sell - 1429.15
Stoploss - 1304.00
Quantity - 550
Profit / Loss - +51731.46
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results. If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out. Request your support by liking/commenting on ideas submitted.
BATAINDIABata india has tried to break the trendline, can be a long above 1328 with sl of 1325 for a target of 1342, and if crosses 1342 can see 1370 as target.
Short Bata IndiaShort Bata india on basis of Harmonic Pattern Completion
RSI Over Bought
Stop loss and Target are mentioned in chart.
Buy Bata india Above 1395, target 1500Buy Bata india Above 1395, target 1500, Moving in channel, open challenge
Bata India ShortBata 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
Strong bullish movement seen in Bata india .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 .
