BATA INDIA

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

Thanks.
Ravindra