Performance Summary of BATA INDIA LTD:
FUNDAMENTALLLY EXCELLENT COMPANY.
PRESENCE IN 165 COUNTIRES ACROSS WORLD
EXCELLENT RISK REWARD RATIO
Technically at 62% Retracement and RSI at 30, which means stock is oversold,
On Chart, Bata has made Gravestone Doji , which means trend reversal possibility is very high.
Keep an Eye on Bata, If you see Trend reversal...
Bata india able to hold 1770 near resistance 1845-50 followed by 1890-1900
below 1760 can again test 1700-1680
above 1850-60, 1900-1960 levels
Disclaimer: I am not a SEBI register analyst.
These views and study is my own for educational purpose only and not any trade recommendation.
Not responsible for any profit/loss.