Bata India is at the upper end of the channel and may see a correction..and it also tends to correct to the 20 dma before upmove or goes sideways till the dma catches
The channel it currently is and the trendline coincide in 1280s region which can provide resistance to the upmove..
Please be cautious with the stock as this has proved most of the technical analysts wrong..
The channel it currently is and the trendline coincide in 1280s region which can provide resistance to the upmove..
Please be cautious with the stock as this has proved most of the technical analysts wrong..