BATAINDIA 1 Day Time Frame

45
📊 Daily Support and Resistance Levels

Immediate Support: ₹1,204.27

Short-Term Support: ₹1,188.23

Key Resistance: ₹1,245.83

Short-Term Resistance: ₹1,233.07

🔁 Pivot Points (Daily)

Central Pivot Point (CPR): ₹1,217.03

Resistance Levels: ₹1,245.83, ₹1,261.87

Support Levels: ₹1,175.47, ₹1,188.23

📈 Technical Indicators

Relative Strength Index (RSI): Currently, the RSI is between 45 and 55, indicating a neutral market condition.

Moving Averages: The stock is trading near its short-term moving averages, suggesting a consolidation phase.

Volume: Moderate trading volume observed, indicating steady investor interest.

✅ Trade Insights

Bata India Ltd is currently in a neutral trend on the daily chart. A breakout above ₹1,245.83 could signal a bullish move towards ₹1,261.87. Conversely, a drop below ₹1,204.27 may indicate further downside.

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