Bata India - Rocket launcher is ready Wedge shape pattern is giving an advantage to this stock.
Sellers might turn out to be buyers very soon.
Long-term outlook looks positive for the stock
BATAINDIA trade ideas
Weekly TF Analysis - BATAINDIAWeekly chart of BATA shows a beautiful Falling Wedge pattern.
The last candle is an inside candle from the previous week, suggesting a brief pause before the up move.
Any break above 1460 can result in a good move on the upside.
Fall below 1400 may be a continuation of the falling wedge pattern.
KEEP BATA INDIA ON RADAR...NSE:BATAINDIA trade at 1460 level. Stock in a triangle range since last 5 years. You can watch for short to mid term swing trade...
BataIndia- Ulat Reversal Mode - 3 months Buy Now Buy TightBataIndia- Ulat Reversal Mode - 3 months Buy Now Buy Tight
1) Wonderful W pattern
2) Voulme accha khel raha hai
2) Lets see
Weekly down trendline breakout in Bata India.About : ( Bata India - CMP: 1450)
Bata India is primarily engaged in the business of manufacturing and trading of footwear and accessories through its retail and wholesale network.
Share holding Parentage :
As of June 2024, the Bata Corporation holds a 50% stake in the company. Founded in 1894 in the Czech Republic, Bata Corporation is the world's leading shoemaker by volume having a retail presence of over 5,300 shops in more than 70 countries across 5 continents, and operates 21 production facilities in 18 countries.
Market Leadership :
The company is the largest footwear retailer and leading manufacturer in the Indian footwear industry with 1,860+ retail stores across ~1,500 towns including franchisees in FY24 growing from ~1,700 stores across ~890 towns in FY20. It has an overall retail space of 3.68 mn sq ft.
Brand Portfolio :
Bata, Power, Marie Claire, North Star, Naturaiser, Scholl, Bata Comfit, Weinbreneer, Bata Comfit, Hush Puppies, Power, etc.
Manufacturing Facilities :
The company has 4 manufacturing units at Batanagar (Kolkata), Bataganj (Bihar), Peenya (near Bangalore), and Hosur (Tamil Nadu). It has a manufacturing capacity to produce 21 Mn Footwear Per Annum.
Focus :
The company’s business strategy is focused on premium brands like Hush Puppies, Power, Nordstar, Comfit, etc. which contribute 40% of revenue as of FY24.
Upcoming earnings release India :
31 of October
key levels in trading :
CMP - 1450,
Entry Above 1460,
SL - 1385
Target 1- 1620,
Target 2- 1760,
RR - 1:2 (Min)
Disclosure : I am not SEBI registered. The information provided here is for education purposes only.
BATA INDIA BATA INDIA , is a falling stock but for short term it will move upside n hit our target then it will come to downside target, watch it carefully it takes nearly six months for this move
BATAINDIA 1WBata India is currently displaying a classic descending triangle formation. A breakout and subsequent retest of the former resistance level would serve as a strong confirmation of a potential bullish reversal
I'm not a SEBI-registered analyst. All posts and levels shared are just for educational purposes. I'm not responsible for any losses or profits. No claims, all rights reserved
BATAINDIAHi guys,
In this chart i Found a Demand Zone in BATAINDIA CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
BATAINDIA - Best price to BUY for LongTermBataIndia might fall to supporting trendline.
One can add on dips till the support, which is around 1200 levels.
This is only a Investing Opportunity not a trading suggestion.
Bata India Ltd - Short-Term Gap Filling OpportunityThe stock is currently trading around the 0.5 Fibonacci retracement level, which aligns with a key support at ₹1,450. The price action suggests a possible gap fill up to the previous support turned resistance at ₹1,550, which could serve as the short-term target.
Given the recent bullish momentum and the bounce from the support levels, there's a potential upside movement towards ₹1,494 (0.382 Fib level), with the possibility of extending to ₹1,550 if momentum continues.
However, failure to maintain support around ₹1,450 could see the stock retesting lower levels, with the next significant support around ₹1,407 (0.618 Fib level).
Short-Term Targets:
First Target: ₹1,494
Second Target: ₹1,550 (gap fill)
Stop Loss:
Below ₹1,429
Watch for volume confirmation and price action around these levels for potential entry and exit points.
BATAINDIA swing long idea 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 on BATA for a minimum 20% upside.
If levels of 1384 break, one can directly buy At the Money PUT for BATAINDIA and have at least a 10% upside there.
*Educational view*
BATAINDIASupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
BATA INDIA - Keep on the Watchlist⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times
BATAINDIA TRENDLINE BREAKOUT All information is for educational purposes only, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. i am are not responsible for any profit/loss you made.
BATAINDIABreaking 3 year trend. Do your own analysis before entering any trade. Pls boost the post if it helps you. Thank you
SWING IDEA - BATAINDIAPrice Action making Lower Low.
MACD Cross making Higher Low.
Good chances of momentum picking up from here.
Bata IndiaBata India Just gave a breakout, on a daily basis. A Triangle Pattern is being formed. price is above 200 and 100 ema, breakout came with a strong candle and good volume.
Bata India Daily ChartRSI above 60 Daily
Golden Cross over
Volume Growth
expected level 1724
support 1475 as 200 EMA
BATAINDIA- Analysis if comes again around 1409 to 1387 will be the good entry point, or closing above 1485 for safe traders
Targets to watch 1540 to 1557, 1693 to 1709 and 1846 to 1862 then last stop would be 1999 to 2015
stoploss of closing below 1264 to 1247 for 2-3 days
Please do your due diligence before trading or investment.
*Comment or message me if you wish to see my analysis for any stocks.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Bata India Ltd - Ready for next targetBata India Ltd recently gave a nice bullish breakout at the Fibonacci level of 0.382. If it can remain above it for the next 3 trading sessions, we should expect a jump soon in it.
I believe that the targets should be:
T1- 1585
T2- 1700
Time Horizon - 3-6 months.
