This article examines the stock market volatility and investor behavior in India...
Technicals for Bata India Limited
By MusingTheNews
2025-04-25 20:25
Overall Technical outlook
Price Summary
On 2025-04-25, Bata India Limited's stock began at 1225.0, climbed to 1232.3, dropped to 1207.0, and had -1.16% to end at 1210.8, with a volume of 90055 shares. During the 52-week span, the stock hit a high of 1621.25 and a low of 1180.9. According to 19 analysts, the future price is anticipated to vary between 1050.0 and 1561.0, with an average expected price of around 1312.8422.
Technicals
Support and Resistance: The current price is 1210.8, with support at 1197.4 and resistance at 1237.7. This range suggests that the price might move between these levels, with 1197.4 offering support and 1237.7 capping further gains for Bata India Limited. Support/Resistance for BATAINDIA
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Bata India Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Bata India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Bolinger Bands chart for Bata India Limited
Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for BATAINDIA. Parabolic Stop and Reverse chart for Bata India Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Bata India Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Bata India Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into how digital technologies are transforming financial services in...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.