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. NSE:BATAINDIA Thanks. Ravindra