Bata India CMP 1346
Elliott- Fib confluence at 1286 is telling me the zig zag corrective pattern on the monthly charts is done.
MA- support also at the zone.
Candlestick- Doji at the support zone.
Fib confluence on the hrly charts is telling me the stock is ready to move up.
At CMP of 1346 the stock is down 38% from the highs and hence is a very good buy in my eyes.