mklives
Education

Bata India.. was saying tata to everyone

NSE:BATAINDIA   BATA INDIA
Bata India is at the upper end of the channel and may see a correction..and it also tends to correct to the 20 dma before upmove or goes sideways till the dma catches

The channel it currently is and the trendline coincide in 1280s region which can provide resistance to the upmove..

Please be cautious with the stock as this has proved most of the technical analysts wrong..

Comments

this stock is like 'correction ? what the .... is that?'
+1 Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, this is some serious run but will also have a serious correction after it is done with the run..
+1 Reply
@mklives, expecting below 850 level in short term
Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, short term? approx time frame?
Reply
@mklives, 3/4 months, I am not that great in timing still
Reply
mklives yogi_sharma_elliottician
@yogi_sharma_elliottician, more stubborn than a donkey this stock is..doesnt wanna come down..
Reply
@mklives, i cant stop thinking about that how much money we are going to make on this one.
+1 Reply
mklives French_Fries
@French_Fries, need to see where it tops out,,maybe for march series we can short..
Reply
bada hi sakth launda h ye bata :/ @mklives @French_Fries
Reply
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