from there it is a free fall inside of the channel to shark 2 - from where it may find some support to pick up
look out and then trade - if break at channel then exit buys and sell to the pink box
look to buy on dips near channel and zones
heading after taking support at 88.7 fib levels to 31100. and if it breaks zones shown - it can do 32000 which is 127.2 fib level if it breaks the present all time high with supporting global cues. on downside if it breaks 30200 then it is going to the lower channel line to fill the gap. right now consolidating for a big move.
fresh zone testing time , double top rejection from top.
faced at the 88.7 fib level and 127.2 fib level confluence accompanied with a major zone area above - bata looks over bought and is heading south
facing a rejection at intermediate zone and showing a doji on earlier candle. heading south towards 200ma