Knowablewisdom

Bata India - Beaten Down Branded Value

Long
NSE:BATAINDIA   BATA INDIA
All levels given on charts. Awaiting breakout above 1482 close on daily. Great PF stock for long term as well. Trim as targets get hit and hold profits for free. ✌
Trade active:
Target 1 in play -
Trade active:
Target 1 hit -
Trade active:
Patience -
Trade active:
1700 is still in sight close above will validate and allow for next levels to be in play. INR 15 dividend next month should start to factor in next few weeks.
Trade active:
Target 3 in sight... trimming position!
Trade active:
Close above 1697 is needed for the continuation.
Trade active:
Target 3 in play again...
Comment:
Look at those levels being respected on the upside. Reloading capital back to full position for another run up to the same targets Breakout above 1482 on a daily closing basis again as shared on Apr 21, 2023. 😅

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