BATA INDIA
WEEKLY Time Frame - 1600 is a major support for bata india. It has played a major support and resistance area in the past.
Daily Time Frame - From Last One week, Price is consolidating around 1600 and Share Price is in Downtrend,
So wait for Breakdown if it crosses 1600 then stock can give a huge rally downside.
Upside i am not excited that much because overall market sentiments is bearish and stock is also in downtrend.
Trade at your own risk.
link
BATAINDIA Analysis
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