NSE:BATAINDIA P.S. - Sharing my chart study and not giving any reco. - Education Purpose
The stock has broken out and took a support at the previously upper trendline. Trade is supported by brokerage calls and Supports Nearby including 200 EMA . Risk Reward Ratio - 1:1. SL is placed below multiple major support zone and previously Lower Trendline and target is place near swing and channel high. Note: As the market is under selling pressure, enter...
Buy Bata India CMP 1632 buy range 1579-1600 stop loss 1300 Target 2550 ( add if it comes back in triangle if there huge correction) Short term SL 1527
1hr- converging averages- buy above 1380
Crossed above 200 ema on daily chart. took support from long term trend line
The above analysis is done purely based on Price action and Popular chart analysis. The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target. Analysis and trade setup has been shared in the image itself. The analysis of BATA has been done couple of weeks ago as well. One can check that out in the...
BATAINDIA has a small bullish flag structure in the daily chart but a big resistance trendline of last 5 months. Closing above that trendline can give fresh BO and once BO is done One can go LONG with strong 1300 SL as support on WCB Chart Description: - Small bullish Flag - 5 Month strong trendline - RSI at 50 levels (facing resistance)
NSE:BATAINDIA Please prefer to notes given on chart. || Ambadnya || Thanks !!!!!
The above analysis is done purely based on Price action and Popular chart analysis. The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target. Analysis and trade setup has been shared in the image itself. BATA being the leader in its sector, one can also use this analysis for short to medium term...
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
Hello trading friends, BAT Shows a possible trend for a breakout. with price target above 127 usd
a. Bata India has retraced by over 62%. b. Looks like good levels to enter as a position trade for a month or 2 or 3. c. SIgnificant double bottom level. d. Stop Loss is close. e. RR is very good @ 6:1. Please do share your views. Be-aware, it might slip further, but SL is in place. Invest with your own RR study. NSE:BATAINDIA Thanks. Ravindra
Likely to test 1443 in short term. Weekly chart is still strong and up move expected till 1730
At First retraced from 1.618 FIB and price action resistance But It broke eventually and now entered in to higher zone which may bring it around the above Red Resitance zone corresponding to 0.886 FIB. SUpport and Swing low in place
It is observed that Bata India given breakout. The current market price is 1658. Upside level looks like 1880. Downside exit at 1460
This analysis is purely based on price action and chart pattern. Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades. Analysis & Strategy along with logic is explained in image itself. Always plan your trade & trade your plan Keep trailing SL...