BATAINDIA (Bata India Ltd) BUY ABOVE 1451.
Continuous price rejection from trendline and today's closing slightly below the previous Resistance of 1451. If price moves above 1451 with price rejection at the lower level, it will be a good buying opportunity for a target of 1460, 1470 and 1475.
- the stock has some support at current levels around 268-277
- if the stock manages to hold on to the support levels then a bounce up to 296 / 308-320 can be a possibility
Take care & safe trading...!!!