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BATA INDIA LTD
Long

Bata strong consolidation

By mayurdharod
Updated
Bata had consolidated well over few months. The convergences are indicating good momentum. Wait for 1400 to be crossed and sustain for a good entry. Expect 1600-1700 in a quick move.
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Did pyramid buying. exited 1/4th quanity at 1450. hold rest with stop loss at cost.
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continue to hold
BATAINDIAChart PatternsTrend Analysis
mayurdharod
Trade on confirmation and not on anticipation
Believe in power of compounding

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