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Technicals for Bata India Limited
By MusingTheNews
2025-10-17 20:25
Overall Technical outlook
Price Summary
In today's trading session, BATAINDIA's shares increased by 2.01%, marking a stellar day. On 2025-10-16, Bata India Limited's stock opened at 1125.1, peaked at 1151.0, hit a low of 1125.1, and closed 2.01% up at 1147.7, with 165626 shares changing hands. The stock reached its highest price of 1464.95 and its lowest price of 1049.7 during the 52-week period. According to 18 analysts, the future price is anticipated to vary between 850.0 and 1440.0, with an average expected price of around 1091.7222.
Technicals
Support and Resistance: The current price of 1147.7 is supported at 1131.0, with resistance at 1156.4. This suggests that the price for BATAINDIA might remain between these levels, where 1131.0 acts as a floor and 1156.4 as a ceiling in the market. Support/Resistance for BATAINDIA
Aroon: The current state of the AROON 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. Aroon chart for Bata India Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Bata India Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Bata India Limited
Stochastic: With the K-line positioned above the D-line and under 20 on the stochastic indicator, the market may be entering a bullish phase. This pattern indicates that the market could be preparing for an upward trend, emerging from a lower level. Investors might interpret this as a signal of potential growth for Bata India Limited. Stochastic chart for Bata India Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. 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.
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