BATA INDIA analysis
BataIndia is approaching the 2022 bottom price, indicating a potential upward trend. Breaking the resistance level at the lowest point of 2022 could lead to targets at 1625, 1642-47, and 1660.
Bullish invalidation on the rejection of resistance range of 1640-1625
Prices on rejection will be looking for a downside target of 1575 and 1510 as initials.
Bullish invalidation on the rejection of resistance range of 1640-1625
Prices on rejection will be looking for a downside target of 1575 and 1510 as initials.
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