BATA INDIA LTDLong
the uptrend has resumed
Bata CMP 1513.75
This is the monthly chart. this uptrend should fallow the same angle as the one in the larger uptrend. Break of the falling trendline will be very positive. It will hit the trendline at 1560 which is also my first tgt for traders. For investors just hold. One more very imp point the trendline crossover is indicating Aug25 as an imp date. which also means any imp change in trend will happen around this date so till then hang on
This is the monthly chart. this uptrend should fallow the same angle as the one in the larger uptrend. Break of the falling trendline will be very positive. It will hit the trendline at 1560 which is also my first tgt for traders. For investors just hold. One more very imp point the trendline crossover is indicating Aug25 as an imp date. which also means any imp change in trend will happen around this date so till then hang on
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