Stock in Demand Zone: BataIndia
BataIndia is trading near the demand zone.
Previously it took support at 1385 levels and faced stiff resistance at 20 EMA levels.
Currently, BataIndia is retesting previous resistance zone near 20 EMA levels 1440.
If it takes decisive support around 20 EMA we can expect the golden cross 20 EMA > 50 EMA.
Key resistance levels to look for: 1628, 1685, 1766.
Previously it took support at 1385 levels and faced stiff resistance at 20 EMA levels.
Currently, BataIndia is retesting previous resistance zone near 20 EMA levels 1440.
If it takes decisive support around 20 EMA we can expect the golden cross 20 EMA > 50 EMA.
Key resistance levels to look for: 1628, 1685, 1766.
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