3 Attempts to break 1283 levels has failed and stock has fallen down to 1260 odd levels. Stock has rallied upto 0.786 Fibonacci extensions from its SPL . Short BataIndia March Future positionally for a target of 1230/1217/1200 levels in near future.
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Looks risky and existing trade is in loss. Good to average it around 1310-1320 levels.