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Technicals for Bata India Limited
By MusingTheNews
2025-07-16 20:25
Overall Technical outlook
Price Summary
On 2025-07-15, Bata India Limited's stock began at 1240.9, climbed to 1272.8, dropped to 1240.9, and had 1.47% to end at 1259.2, with a volume of 144764 shares. The stock's highest value over the last 52 weeks is 1621.25, and the lowest value is 1180.9. 18 analysts estimate that the future price of BATAINDIA will fall between 1011.0 and 1440.0, with an average price expectation of approximately 1234.8334.
Technicals
Support and Resistance: The price currently sits at 1259.2, finding support at 1237.7 and resistance at 1276.15. These levels define a range for Bata India Limited where the price may move, with 1237.7 offering a base and 1276.15 limiting upward momentum. Support/Resistance for BATAINDIA
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 BOLL BANDS 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. Bolinger Bands chart for Bata India Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for BATAINDIA. Parabolic Stop and Reverse chart for Bata India Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Bata India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned, signaling a bullish trend supported by their upward slopes. This alignment suggests a mildly bullish overall trend, indicating that the market may see a steady increase in value. The trend is positive, but the pace of growth is likely to be moderate, reflecting a stable and cautiously optimistic outlook. Tripple SMA chart for Bata India Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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