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BATA INDIA LTD

BATAINDIA

By CourtroomInvestments

  • The stock has witnessed 44% correction from all time high and is now testing support around 1300.
  • The Monthly RSI is also testing its Oversold Level.
  • These suggest that the scrip could form a medium term low.
  • Monthly MACD crossing above its Trigger line and a clearance of highs made around 1770 & 50% FR level would confirm strength.
Chart PatternsTechnical IndicatorsTrend Analysis
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