BATA INDIA LTDLong
MNC stock available at a heavy discount
Updated
Bata India CMP 1346
Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done.
MA- support also at the zone.
Candlestick- Doji at the support zone.
Fib confluence on the hrly charts is telling me the stock is ready to move up.
At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.
Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done.
MA- support also at the zone.
Candlestick- Doji at the support zone.
Fib confluence on the hrly charts is telling me the stock is ready to move up.
At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.
Trade active
the stock has revered very sharply from the fib confluence. It is just the start keep accumulating this counter.
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