BATA India is showing RSI negative divergence on Weekly as well as Daily timeframes. Hourly timeframe analysis gives a Bearish Bias & a possibility of short term trend reversal. Can take a Short position on hourly candle close below 1328. Target = 1280 Stop Loss = 1345.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.