BATA INDIA 4HR (31 MARCH 2023)NSE:BATAINDIA
trend : downtrend
consolidation starting date :20 feb 2023
consolidation period : more than 1 month
range bw :(1380---1447)
TRADE WITH RISK REWARD ratio.
BATAINDIA trade ideas
BATAINDIA - Weekly AnalysisIn the Weekly Chart of BATAINDIA ,
we can see that, after breaking the Trendline, we saw a fall till support.
It broke the support also, but now it has done a consolidation of 4 weeks at same same.
Excepting a up move from here.
Enter at 1425 with 1385 as SL and Go Long.
BATA INDIAHello and welcome to this analysis
Stock has made a bullish Harmonic Gartley and in this process has also made a double positive regular RSI divergence.
After such a sharp downfall stock has done a couple of candles in a consolidation zone and now could rally till 1600 with a smallish block near 1525, as long as it does not breach below 1380.
Good risk reward scenario at this juncture
Good luck with your investing
BATA INDIA: Road to DownHillFolks!
BATA INDIA is on the downhill. Harmonic Pattern activated.
Please look at the levels for Target and SL.
Best of Luck !
Buy signal in Bata
Bata touched lowest of teh channel, it should go up from here at least for 4-5 sessions.
Time to enter Bata
I think it is time to enter Bata as the upswing is supposed to start soon as it is almost at the bottom of the curvilinear channel, inner and outer both
MultiCaps.in : BATA INDIA LTDPerformance Summary of BATA INDIA LTD:
FUNDAMENTALLLY EXCELLENT COMPANY.
PRESENCE IN 165 COUNTIRES ACROSS WORLD
EXCELLENT RISK REWARD RATIO
Technically at 62% Retracement and RSI at 30, which means stock is oversold,
On Chart, Bata has made Gravestone Doji , which means trend reversal possibility is very high.
Keep an Eye on Bata, If you see Trend reversal from here, You Must join the trend, this is a quality Portfolio stock, but keep a time horizon of 3 to 6 months to reap good returns.
Bata India
Due to increased competition from Campus, Red Tape, traditional companies are facing pressure.
Support is broken.
Next support at 1260 level
BATA INDIABata made triangle pattern on 30 min TF & trading above breakout level with decent volumes.
Could be bought with mentioned stoploss & target.
BATAINDIA short extremely confident type 1 entry shortBATAINDIA short extremely confident type 1 entry short
BATA INDIABATA India today falls 3.5% with a high volume after 1 month consolidation zone from S-1610 & R-1665
1550 is and swing support I will short on every rise with a small stoploss if price comes to near 1600 level
BATA INDIA (LONG)Falling Wedge pattern
Bullish Divergence on Daily Time Frame
Buy-1660 Target-2000 Stoploss-1600
Positional Trade
bata india 15 minBata india is looking good setup for tomorrow bata india is at ceucial support area
this is the deciding level of further upmove or down move it formed a consolidation
at the crucial level after candle closes above that consolidation then it is confirmed that
up movement target will be 1662 big target trail your stoploss
Thank you
BSE:BATA1!
BATA INDIABataindia broke past strong resistance zone of 1720-1725 with good volumes. These levels got rejected multiple time.
Could be bought with mentioned stoploss & target/.
BataIndiaBataIndia 1 hr chart
Currently stock price is revolving around trendline and previous support areas from where it has shown good bounce back.
If it regains the price above trendline good setup for buy. At current price stop loss is very low2.
This is not any recommendation just for educational purpose.
BATAINDIA is forming triangle patternNSE:BATAINDIA mid cap stock is forming triangle pattern.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
Profits are not made from following ideas, but by following Risk Management .
BATA INDIA IS IN UPTREND BE READY BSE:BATA1! Need to closes above 1876 then the target is T1-2000, T2- 2150, T3- 2400.
BATAINDIA at End Of symmetrical triangle patternIf it breaks upwards DON'T BUY until it break 1866
If it break downward DON'T SHORT until it break 1781
If it break upward entry at 1866 Target at 2006 Stop Loss at 1781
If it break downward 1781 Target at 1620 Stop Loss at 1866
BATAINDIA LONG (INTRADAY OCT 31)BATAINDIA took support on daily level and 15 min it has made falling wedge pattern, on breakout price could move upside. Thank You !
