BATAINDIA
R-0139 Don't have BATA SHOE don't worry time to buy BATA STOCKShort Term Stock Option Buy BATAINDIA AUG CE 1300.00 @47-49 SL 27 TGT 86
ABOVE VWAP + TK cross over + MACD cross over + good volume buy so upside looks evident GO LONG.
BATA INDIA : Trade Bearish Now#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 Short
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Support : 1294 and 1290
Breakdown : 1299
LTP : 1304
Breakout : 1308
Long Target : 1311 and 1318
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Positive & Negative Point:
1) Neutral in Daily/Monthly and bearish in weekly chart
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(Disclaimer: This is only for educational purpose and paper treading.)
BATA INDIA - Gap UP opening and form NR7 candle with near doji#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 Long
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Support : 1295 and 1272
Breakdown : 1303
LTP : 1316
Breakout : 1324
Short Target : 1346 and 1360
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Positive & Negative Point:
1) Neutral in Daily/Weekly/monthly chart
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(Disclaimer: This is only for educational purpose and paper treading.)
R-0036 BUY BATAINDIA CMP 1302 SL 1280 Target 1320-1340About to break cloud on the upside and already supported by cross over.
BATA INDIA - NR4 candle - breakout and reversal level#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 oversold zone
ATR is decreasing since 5 days.
New Short position created
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Support : 1224 and 1203
Breakdown : 1238 (OR Gap Down Opening)
LTP : 1251.85
Breakout : 1280 (OR Gap UP Opening)
Short Target : 1300
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Positive & Negative Point:
1) Very Bearish in Daily chart.
2) Very Bearish in Weekly chart
3) Neutral in Monthly Chart
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(Disclaimer: This is only for educational purpose and paper treading.)
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
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 .
BATAINDIA, Double Top bearish reversal |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 ()
SPOT: SHORT 1165-1160, SL 1192 TARGET 1124 INTRADAYSPOT: SHORT 1165-1160, SL 1192 TARGET 1124 INTRADAY
Bata India Triangle is formed in daily time fame, Trade after the breakout with one hour candle confirmation, and also consider nifty trend
NSE:BATAINDIA is sitting on a critical trendlineNSE:BATAINDIA is basically on a trendline that extends from June 2019 highs to today. This is a critical prize zone for BATAINDIA. Any closes below the trendline on a daily basis will signal a Sell/Short and a strong bounce will a candlestick pattern like a bullish engulfing will signal a low risk Buy with the Stop loss being below the swing low.
