Bata India.. was saying tata to everyone Education

BATA INDIANSE

Description

⋅ Feb 18, 2019 5:30 PM

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

yogi_sharma_elliottician

⋅ Feb 18, 2019 5:31 PM

this stock is like 'correction ? what the .... is that?'

mklives

⋅ Feb 18, 2019 5:32 PM

@Yogi_sharma, this is some serious run but will also have a serious correction after it is done with the run..

yogi_sharma_elliottician

⋅ Feb 18, 2019 5:34 PM

@mklives, expecting below 850 level in short term

mklives

⋅ Feb 18, 2019 5:37 PM

@Yogi_sharma, short term? approx time frame?

yogi_sharma_elliottician

⋅ Feb 18, 2019 5:38 PM

@mklives, 3/4 months, I am not that great in timing still

mklives

⋅ Feb 19, 2019 9:55 AM

@Yogi_sharma, more stubborn than a donkey this stock is..doesnt wanna come down..

French_Fries

⋅ Feb 18, 2019 6:12 PM

@mklives, i cant stop thinking about that how much money we are going to make on this one.

mklives

⋅ Feb 18, 2019 6:19 PM

@French_Fries, need to see where it tops out,,maybe for march series we can short..

yogi_sharma_elliottician

⋅ Feb 19, 2019 9:54 AM

bada hi sakth launda h ye bata :/ @mklives @French_Fries