BATAINDIA testing weekly trendline. Had news this morning regarding partnership with ADIDAS and the volumes kept rising. As long as 1730 is held, I expect this to go 1775/1800/1850
Bata India Ready for breakout with moderate volume with target of 1750++++ SL 1613
Entry 1588 Target 1 : 1680 Target 2 : 1816 Stoploss: 1540
The fundamentals and market share of the company are good. Recently NSE:BATAINDIA has been mentioned in various newsletters and news channels, which indicates possibly a big player is going to have a block sell soon. After the recent rally and follow-up retracements, if the share does not fall below 1416 - With sustained volumes and RSI values. We can go long...
Bata 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...
Bata 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.
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 ! ! !
Technical 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.
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.
CMP 1545 Buy above 1550 ( resistance at 1548) Target 1600 Sl 1530
The 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...
Bata 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
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 !!!
BATAINDIA , appointed Anil Ramesh Somani as its new chief financial officer, effective immediately, for a period of five years, according to a Tuesday filing.
Weekly range breakout . Long side positioning build up . Can go long from here
Short bata for profit for next couple of weeks
We have a range breakout in BATAIND, buy at 1450 for a target of 1550 with a stop at 1430. #BATAIND