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Technicals for Bata India Limited
By MusingTheNews
2026-02-02 20:25
Overall Technical outlook
Price Summary
Bata India Limited's stock began trading at 865.1 on 2026-02-02, soared to 868.0, dipped to 840.05, and finished the day -0.18% down at 863.55, with 72658 shares exchanged. During the 52-week span, the stock hit a high of 1415.3 and a low of 847.8. Based on recommendations from 18 analysts, the future price of BATAINDIA is expected to range from 750.0 to 1440.0, with an average price expectation around 1027.8334.
Technicals
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Bata India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Bata India Limited
Parabolic SAR: The PSAR for BATAINDIA maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Bata India Limited
Stochastic: The current state of the STOCHASTIC is neutral for BATAINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Bata India Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a potential reversal. The weakening momentum in the shorter-term averages suggests that the current trend may not hold, signaling the possibility of an upcoming change in direction for BATAINDIA. Tripple SMA chart for Bata India Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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