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Stock analysis Bata India Limited BATAINDIA

More indepth analysis on MunafaSutra.com

Moving Averages for Bata India Limited

  • 5Day Average: 1306.43
  • 12Day Average: 1328.92
  • 20Day Average: 1347.02
  • 50Day Average: 1391.76
  • 100Day Average: 1444.1
  • 150Day Average: 1426.7
  • 200Day Average: 1419.75

BATAINDIA Indicators & signals

Indicator MACD (12,26,9)

1325.25, 1353.68, -22.97
Indicator MACD is in negative zone

Indicator ADX (14)

54.07, 9.34, 31.31
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BATAINDIA Bata India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 1282.65 1280.00 to 1305.65 -0.52% 0.91 times
18 Mon Nov 2024 1289.30 1283.50 to 1306.00 -1.38% 0.8 times
14 Thu Nov 2024 1307.35 1304.30 to 1337.80 -0.8% 0.49 times
13 Wed Nov 2024 1317.95 1314.65 to 1340.00 -1.27% 0.4 times
12 Tue Nov 2024 1334.90 1325.05 to 1350.75 0.3% 1.01 times
11 Mon Nov 2024 1330.90 1318.85 to 1340.55 -0.4% 0.57 times
08 Fri Nov 2024 1336.30 1333.20 to 1352.15 -0.28% 0.3 times
07 Thu Nov 2024 1340.05 1332.00 to 1359.65 -1.35% 0.8 times
06 Wed Nov 2024 1358.40 1351.00 to 1370.00 0.17% 1.07 times
05 Tue Nov 2024 1356.10 1300.05 to 1359.60 1.47% 3.45 times
04 Mon Nov 2024 1336.40 1330.00 to 1362.00 -1.5% 1.11 times
01 Fri Nov 2024 1356.75 1354.00 to 1365.00 0.08% 0.13 times

Technical analysis forecast for Bata India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bata India Limited BATAINDIA at this time. Stock is falling and might fall more.

It appears as if Bata India Limited BATAINDIA gave a large move recently.

Stock of Bata India Limited (BATAINDIA) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Bata India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1276.3, for a target of 1312.8 or 1343.25

More indepth analysis on MunafaSutra.com