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BATAINDIAMARKET OUTLOOKSTOCK OUTLOOK

Bata India Outlook for the Week (August 14, 2023 – August 18, 2023)

Bata India closed the previous week on a negative note losing 7.54%.

Technically, Bata India share price will see immediate support at 1,601.15 and immediate resistance would be seen at 1,734.80.

If Bata India share price closes below immediate support of 1,601.15, then sharp breakdown can be seen. Bata India share price will see major support at 1,552.65 for the week.

On the positive side, immediate resistance will be seen at 1,734.80. Closing above 1,734.80, Bata India share price will see a sharp breakout. Major resistance for Bata India share price will be seen at 1,819.95 for the week.

Trading range for Bata India share price for this week should be between 1,467.50 on down side and 1,868.45 on up side.

Bata India Previous Week High: 1771.45

Bata India Previous Week Low: 1637.8

Bata India Previous Week Range: 133.65 Points

Bata India share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 1,868.45
Resistance 2 1,819.95
Resistance 1 1,734.80
Support 1 1,601.15
Support 2 1,552.65
Support 3 1,467.50

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