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
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