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BATA INDIA LTD
Long

BATAINDIA

By monikad22
On 15min time frame, there is a breakout of inverted head and shoulder pattern in bata. You can go long in bata. The RR ratio is 1:3.5 with a target of 1646 and my stoploss is 1551. Also bata has not reached its pre-covid levels, so one can hold bata for a longer term perspective as well for atleast 1 year.
Chart PatternsTrend Analysis
monikad22

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