Bata India Minor Profit Booking can make Bata India to fall to 1900 for Short time.
Bata India is looking too bullish. But in short time (2-3 days you may see some small fall)
BATAINDIA trade ideas
BATA LongAll time high breakout with high volume
Strong outperformance to broad market ( CNX 500)
Target : 2496
Stop Loss Trigger: 1810
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BATA INDIA: Confirmed Huge Breakout with Volume(HISTORY REPEATS)ONLY SUGGESTION: BUY ON DIP. THIS IS ELIGIBLE FOR INTRADAY. NO LEVELS.
Disclaimer: This is not a trade suggestion.
Get ready for a downward move for BATAINDIATriangle Pattern , Probably start to get in downward momentum in coming time. Will short!
Buy Setup in #BATAINDIA$BATAINDIA has been rising continuously in a strong up trend with some sideways consolidation and now it is again ready to resume its uptrend with strong swing. Buy BATAINDIA at market between 1800-40 with SL 1715. Targets are much higher based on higher time frame charts for next 6 months to 1 year.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
bata idia making H&S at top could retrace BATA india seems week
RSI showing negative divergance in daily time frame
made EVENING star candle at top in daily time frame
given double top pattern at daily time frame/weekly time frame
Bata India Cup and Handle Breakout Bata India has given a breakout with good volume levels , Target 1 = 7% , And If it breaks The All Time High 15-17% Can Be the Next Target .
Closing Below 44MA can be the stop loss for this setup.
Fundamentally the company seems good , But had Taken a hit due to lockdown this year and now is in a recovery phase.
Divergence Trade 4 Bata Broke out TodayBata took support at 200EMA and 50 MA with divergence on RSI-DIV-I.
CMP- 1768
SL- 1710
TARGET- 1810
BATAINDIA intraday and short term swing In BATAINDIA 15 min chart as you can see there is a downside trendline breakout so the first target for BATAINDIA is 1761 and 2nd target is 1814 and Stoploss is 1724.
Buy Setup for Bataindia
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
short 'RSI DIVERGENCE'u can clearly make out the divergence short below 1700 ...and get a good profit
A SWING TRADE IN BATA INDIANSE:BATAINDIA
BATA INDIA GIVING A BREAK OUT OF RESISTANCE POINT AND NOW MOVING UP FOR TARGET OF 1700++
ONE CAN DEFINETLY BUY THIS FOR AMAZING RETURN IN SHORT TERM
bata indiagood flag pattern but there is no volume expansion up side
it is good to keep an eye on it.i would like to enter above 1694 and stop loss will be 1682
INTRADAY TRADE SETUP FOR TOMORROW Buy Above 1702
Target 1 = 1712
Target 2 = 1722
Target 3 = 1733
Sell Below 1681
Target 1 = 1671
Target 2 = 1661
Target 3 = 1650
bataindia cup and handle setup
this is good setup , very reliable textbook theory ,
C&H works because the shape formation speaks a lot about the stock price action
no matter how trader or operator manipulate , whats really matter is the results and earning that takes the price to new high
Broken Triangle and retest doneStock Analysis: Bata India has broken triangle and retest done expected to reach the immediate supply zone target once crosses above it is good buy for long team given on the chart. Let's see
Happy Investing!
Bata India Exited with ~6% Profits NSE:BATAINDIA
P.S.
- Sharing my chart study and not giving any reco.
- Education Purpose
