BATA INDIA
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
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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Feragatname
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