Looks like there are chances for Bata India to correct 16% from here i.e to test 1278 level this year as per fib level, lets keep an eye on this stock
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Currently facing resistance in 10 months and 40months EMA, more chances to take support in 96 months EMA (i.e 8 years moving average)
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1610 - 1620 should react as a resistance if it fails, need to close this and need to work on this analysis
1610 - 1620 should react as a resistance if it fails, need to close this and need to work on this analysis
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Today's rejection gives some hope on our resistance, lets how it reacts next week
Trade fechado manualmente:
its time to review my analysis on this stock
Trade ativo
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going good, lets see
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130 more to go!
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more fall might happen, lets see
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looks like 880 might be possible, lets see
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1.3% down this week
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50 more to go!
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1396 might be the resistance, lets see