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(BataIndia) Bata India complete technical analysis [charts+indicators] | Buy/Sell Bata India | (BataIndia) share price targets

Complete technical analysis of Bata India (BataIndia) by charts plus indicators, forecast predictions and share price targets for Bata India (BataIndia)

10 day averaged volume of Bata India is 41580

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 1343.60 1360.00 1368.00 1340.15 0.969 times
16 Tue Apr 2024 1339.20 1340.00 1349.80 1328.00 0.579 times
15 Mon Apr 2024 1341.80 1387.00 1387.00 1340.75 1.002 times
12 Fri Apr 2024 1387.25 1388.85 1404.50 1378.30 1.357 times
10 Wed Apr 2024 1379.45 1347.80 1389.20 1341.60 3.61 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1351.1, but if it comes above 1351.1, then a intra day buy could be more profitable.
If you take a sell trade below 1351.1, then use 1351.1 as stoploss and 1333.6 as target. However if you take a buy trade in stock , then use 1351.1 as stoploss and 1365.6 as target.

Share price targets for Bata India (BataIndia)

Target Type Value
Downside Target 1328.00
Upside Target 1404.50
Upside Target 1418.25
Upside Target 1426.00
Upside Target 1471.00
Upside Target 1497.85
Upside Target 1572.45
Upside Target 1659.95
Upside Target 1724.35

Intraday share price targets for Bata India (BataIndia)

Target Type Value
Downside Intraday Target 1318.73
Downside Intraday Target 1293.87
Upside Intraday Target 1377.73
Upside Intraday Target 1411.87
Upside Intraday Target 1352.87

Weekly technical analysis of Bata India (BataIndia)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 1343.60 1387.00 1387.00 1328.00 0.403 times
12 Fri Apr 2024 1387.25 1360.05 1404.50 1337.45 3.206 times
05 Fri Apr 2024 1358.70 1365.00 1384.40 1350.55 0.363 times
28 Thu Mar 2024 1364.25 1382.10 1382.30 1358.10 1.722 times
22 Fri Mar 2024 1382.40 1418.25 1418.25 1348.60 1.08 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bata India (BataIndia)

Date Monthly Closing Price Open High Low Volume
18 Thu Apr 2024 1343.60 1365.00 1404.50 1328.00 0.825 times
28 Thu Mar 2024 1364.25 1410.10 1471.00 1348.60 0.988 times
29 Thu Feb 2024 1409.05 1497.85 1497.85 1381.00 2.148 times
31 Wed Jan 2024 1488.30 1659.95 1659.95 1426.00 1.078 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bata India (BataIndia)

Indicator Name Indicator Value Indicator Signal
ADX 20, 28, 16 Sell
MACD -39, -39Buy
Stochastics 14Sell
CCI -57Buy
RSI 42Sell
OBV -27347Sell
VWAP 1364Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bata India ( (BataIndia) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bata India ( (BataIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bata India ( (BataIndia) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bata India ( (BataIndia) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bata India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bata India in short term but the buy signal is initial and weak.

Bata India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bata India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bata India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1364.23 and Bata India (BataIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bata India (BataIndia) stock. Volume based technical analysis of Bata India (BataIndia) stock is negative.

Bata India Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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