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Technicals for Bata India Limited
By MusingTheNews
2025-05-30 20:25
Overall Technical outlook
Price Summary
On 2025-05-30, BATAINDIA's stock opened at 1259.4, reached a peak of 1267.0, dropped to 1251.1, and ended 0.35% up at 1263.8, with a volume of 286925 shares. In the 52-week period, the stock's peak price is 1621.25, and the lowest price recorded is 1180.9. 19 analysts suggest that BATAINDIA's future price will lie between 1050.0 and 1561.0, with an average expected price of roughly 1312.8422.
Technicals
Support and Resistance: The price for BATAINDIA is 1263.8, with support at 1237.7 and resistance at 1276.15. This suggests a range where 1237.7 acts as a base, preventing declines, and 1276.15 caps gains, defining key trading levels. Support/Resistance for BATAINDIA
Aroon: The AROON is in a neutral stance for BATAINDIA, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Bata India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Bata India Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for BATAINDIA. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Bata India Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Bata India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for BATAINDIA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Bata India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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