Long setupBata took support on fib 61.8% and also there is existing support good consolidated zone previously we have very limited risk of 70 points
BATAINDIA trade ideas
Bata India Long TradePrice is below resistance but there is the high probability that it would break resistance as it is showing good price action at daily timeframe. So we will look for buying opportunity when it break resistance and retest it.Thank You !
BATA INDIA - Fundamentals RecoveredBATA INDIA - Showing good recovery in their balance sheet + Multiple technical patterns being formed right now.
If the overall market is supportive - good targets can be achieved.
Triangle pattern in BATAA good triangle pattern is forming with strong buyers and weak selling candles,this could be a breakout in coming days, looking forward for a good move.
Price action on bata If bata india break Upside or downside I have mention target on chart you may find useful, Before take postions do you own analysis I am just sharing my knowledge
BATA INDIABata made butterfly pattern on daily charts with good volumes.
Could be bought with mentioned stoploss & targets.
Bata again ready to test Support zome?Bata will it break the support zone of 1660-50 and test 1550-60 which comes near the lower line of the falling channel?
BATA INDIA for Swing TradeAt Demand zone of 0.618
Parallel Channel created and positive RSI Divergence seen
Hold till SL- 1825
Target - 1990
Bata India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Bata India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Bata almost March lowsBata almsot at March lows .near crucial levels... can we see a bounce back?
investors may accumulate on dips , difficult time for traders .
however traders can try to take positions at key levels with proper risk management
BATA INDIABata made cup n handle pattern on daily charts with okayish kind of volumes.
Could be bought in smaller quantity as volumes are not that good with mentioned stoploss & targets.
Bata India chart checkbata friday candle is not so good .. that too at a key upper band.. , will this again go down to test the lower band of falling channel?
BATAINDIANSE:BATAINDIA
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Magic IndicatorMagic Indicator relatively short-term moving average crossovers, such as the 5 EMA crossing over the 10 EMA, are best suited to complement RSI. The 5 EMA crossing from above to below the 10 EMA confirms the RSI's indication of overbought conditions and possible trend reversal.
BABataIndia made inverse head n shoulder pattern on bigger timeframes with decent volumes.
Could be bought with mentioned stoploss & targets.
Bata India next target 2228As per my view Bata India is creating Head and Shoulders pattern and expected up move to 2228...
