BATAINDIA trade ideas
Positional Stock OutlookBata India is India's largest footwear retailer and manufacturer, affiliated with the Bata Shoe Organization. With over 1375 strategically located stores, it is the country's leading footwear retailer. Bata India emphasizes product quality, innovative designs, and a customer-centric approach. It operates a vast non-retail distribution network, serving millions of customers through over 30,000 dealers.
Bata India Expecting a ReversalBata India touched 52 week low and bounced back. Go long @ Rs. 1424 target of Rs. 1530 and Rs. 1640 with stop loss of Rs. 1370.
BATA INDIA LAST DOWN MOVE BEFORE THE RALLY
Price is coming from a Daily Supply has given a pullback in upward direction will continue the downtrend till reaces the Daily Demand. Price will shoot to 1530 once it has reached the Daily Demand, hence the Exit is critical.
ENJOY THE RIDE ! ! !
Wait & Watch in BataTechnical Key:
* Near Downward slop Trendline
* RSI at over valued zone now
* Can continue down move if unable to break resistances strongly
Note: This chart is shared for only Education purpose only.
Consolidation after a good fall. Good opportunity for a swing?Bata India
In a weekly time frame, it has seen a good fall from the past 1 year and now consolidating from the past 1 month.
looking good to enter once it breaks the consolidation zone with limited SL.
BATA INDIA IN TIGHT ACCUMULATION RANGEThe price trading inside tight accumulation range and now near the support level of 1380. Price formed strong base which showing price can given breakout in coming trading sessions. Price forming low risk & high reward setup. My initial targets will be 1440/1477/1522+ for the upside. Above 1455+ closing will give a massive breakout in the price and price sharply move towards the upper level. Remember this longer the range stronger the breakout. Breakdown below 1380 will leads to more fall in the price.
BATA : Looks StrongBata has seen a rebound from the important weekly support levels and started showing signs of strength.
The current up trend may continue in the stock up till 1620 -1700 levels
Immediate support at 1480-1470
{BATA IND}: (Taking a Dip)for(3:1)
Price has reacted to a Strong Weekly Supply in the left,
Price has violated a Daily Demand and is currently in a Fresh Daily Supply hence Short position;
ENJOY THE RIDE !!!
bata india
BATAINDIA
, appointed Anil Ramesh Somani as its new chief financial officer, effective immediately, for a period of five years, according to a Tuesday filing.
Bata India weekly range breakout Weekly range breakout . Long side positioning build up . Can go long from here
BATAIND Long trade We have a range breakout in BATAIND, buy at 1450 for a target of 1550 with a stop at 1430.
#BATAIND
BATA INDIA VERY GOOD BREAKOUTBATA Looks Good above 1445
SL 1400
Target 20-40-60-80-100 120 points
HOLDING Period Few days
Stock is crossing it's past barriers. Breaking Good OI build up.
Please consult your financial advisor before investing.
All research for educational purposes only
BATA IndiaBata India making base in day time frame
making W pattern .. if W form completely it will give more upside movement
BATA INDIA BATA INDIA - High probability reversal of polarity set up.
Favorable risk reward here.
One can go long with a SL of recent swing low.
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 - 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.
