Bata India Ltd
Long

BATA INDIA

684
Hello and welcome to this analysis

Stock has made a bullish Harmonic Gartley and in this process has also made a double positive regular RSI divergence.

After such a sharp downfall stock has done a couple of candles in a consolidation zone and now could rally till 1600 with a smallish block near 1525, as long as it does not breach below 1380.

Good risk reward scenario at this juncture

Good luck with your investing

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