Recession and Bata what is Relation ???

Now day everyone is talking about recession,
And worldwide so many companies are cutting cost and fire the employee.
Directly Indian companies are not looking to cut employees but it's affect is clearly visible in stock market.
It's my personal us for my view Bata India is affecting and example of this things.
On a weekly time frame on daily time frame I am looking Bata India downside at 1200 level.

I will update my view time to time on Bata India if you are looking position on Bata India , you can look for March future.

i will update this idea time to time,
keep connected with me your comments are most welcome i am always online
thanks regard
Ravindra Bhise