ParimalDevnath
Long

BataIndia, Breakout

NSE:BATAINDIA   BATA INDIA
An uptrending stock corrected suitably and finished correction at 200 DMA. Now rising once more. Breaking out of the earlier highs. 905 is a steep resistance and it has a Negative Divergence in MACD as well. Bears have taken a strong position at 900 Call and siting tight. Crossing this will give another boost to bulls for a steady rise.

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