Bataindialong
BATAINDIAHi guys,
In this chart i Found a Demand Zone in BATAINDIA CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
#BAT/USDT#BAT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.1550
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.1700
First target 0.1920
Second target 0.2033
Third target 0.2152
Bata India Ltd - Ready for next targetBata India Ltd recently gave a nice bullish breakout at the Fibonacci level of 0.382. If it can remain above it for the next 3 trading sessions, we should expect a jump soon in it.
I believe that the targets should be:
T1- 1585
T2- 1700
Time Horizon - 3-6 months.
Buy bata india @ 1367Can we go for bataindia long 1347 - fundamentally strong and coming days are new investment arriving.,and nifty also moving all time high, than now go for long
Bata India at Support - good positional playAnother stock that came on my radar is Bata India.
Currently 42 % from its highs.
It's at the level, from where it has seen a good run in the past and we might likely see that run again in the coming time.
For me, it's not a portfolio stock, however, a position play can be taken, considering the stock trading at a good support level, hence risk reward would be great at this level.
Support zone @ 1369-1231
Intermediate Resistance zone @ 1759 - 1825
Stop Loss below 1200.
Above probability would be void below 1200 levels
BATAINDIA--Demand Zone??This stock is continuously falling from last few weeks...
Now price is near to its demand zones, we have back to back demand zones near by.
If demand zone at 1420 level fails, then look for buy at 1320.
Look for long in this stock from demand zones.
On the opposite side, trendline is pushing the price downwards...A strong break will observe after a break above this line.
If you want to go long enter break and retest of trendline.
BATAINDIA : Near SupportBATAINDIA is trading near support zone in 15 Min TF
wait till 2-3 candle formation and trade based on candlestick patterns,.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Bata India swingBata India shows bullish as it's closed above resistance levels, Looks goo for all time highs as 🎯 Target.
Bata India - Good Breakout 🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
BataIndia BataIndia, 60 Min Chart
Bullish RSI Divergence
With Trendline Breakout
All the key levels are mentioned in chart
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
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.
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
