a. Bata India has retraced by over 62%.
b. Looks like good levels to enter as a position trade for a month or 2 or 3.
c. SIgnificant double bottom level.
d. Stop Loss is close.
e. RR is very good @ 6:1.
Please do share your views.
Be-aware, it might slip further, but SL is in place. Invest with your own RR study.
BATAINDIA
Thanks.
Ravindra
b. Looks like good levels to enter as a position trade for a month or 2 or 3.
c. SIgnificant double bottom level.
d. Stop Loss is close.
e. RR is very good @ 6:1.
Please do share your views.
Be-aware, it might slip further, but SL is in place. Invest with your own RR study.
BATAINDIA
Thanks.
Ravindra